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discuss Is NFT a trend?

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  • Hello ,evey domainers
  • NFT domain name transaction volume has increased recently, and its price also keeps rising
  • When did NFT become popular?
    • Did you take the chance?If not ,will you buy a NFT domain?
    • let`s talk about it ,thanks in advance(y)
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Just make sure the keywords work in this niche, random words or letters are a waste of money. Always put yourself in the shoes of the end-user. Ask yourself if you would brand your own company around that name??

Buy on the aftermarket, anything worth having has already been registered.
Yes, you are right. (y)
 
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A sale from DNJ

NFTDisplays.com
$13,000
 
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Would they be counting on the filling date (March 9) or the date the tm for granted?
Filing date.

But you'll be fine as long as you don't use the NFT trademark or service mark on or in connection with goods and/or services (“software for individuals to upload and sell artwork and digital assets in an online marketplace”) in a manner that is likely to cause confusion, deception, or mistake about the source of the goods and/or services with the general public

But as it might be reasoned that a NFT trademark application for “software for individuals to upload and sell artwork and digital assets in an online marketplace” is at least somewhat descriptive for the goods and services thre company wants to offe, it is all but certain the it will be granted or couldn't be succesfully opposed in court.
 
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I dont think the term NFT can be trademarked.
Surely it can, just not very likely in relation to NFT goods or services (unless a company builds a famous mark around the NFT keyword).
 
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Surely it can, just not very likely in relation to NFT goods or services (unless a company builds a famous mark around the NFT keyword).

Any word in theory can be granted a trademark to a company.

But they would have a very hard task suing someone for owning a domain name based just on having "nft" in the url.

NFT has been such a phenomenon that they can't create complete rights to the acronym that will give them exclusivity to sue anyone using the acronym "nft" and win.

It's almost like VR now. People can apply for a "VR" trademark but domain owners would not have to constantly worry about owning a domain name with "vr" in it.

Yes there are many factors that can bring you in line to be successfully sued by this company. But by just having "nft" in a url on its own merit should not be one of them.

* I am not a lawyer but that's how my take on this matter is. I could be wrong however.

I am always open to be educated.
 
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Surely it can, just not very likely in relation to NFT goods or services (unless a company builds a famous mark around the NFT keyword).
Exactly, I ment NFT as Non-fungible token/s. Although Bitcoin is a trademark so ....
 
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Any word in theory can be granted a trademark to a company.

But they would have a very hard task suing someone for owning a domain name based just on having "nft" in the url.

NFT has been such a phenomenon that they can't create complete rights to the acronym that will give them exclusivity to sue anyone using the acronym "nft" and win.

It's almost like VR now. People can apply for a "VR" trademark but domain owners would not have to constantly worry about owning a domain name with "vr" in it.

Yes there are many factors that can bring you in line to be successfully sued by this company. But by just having "nft" in a url on its own merit should not be one of them.

* I am not a lawyer but that's how my take on this matter is. I could be wrong however.

I am always open to be educated.

Well in theory yes.

But what I am saying is that in Law School you'll learn that - unless you have a famous trademark - you cannot succesfully uphold rights to a trademark in court should the the mark be discriptive of the goods or services you are offering in relation to that mark.

What I am not saying is that this means you cannot trademark a generic/deiscriptive word like, say Apple. You can, as long as you are not offering apples or services related to apples. This would only be differtent if you have put a lot of effort in building a business for these goods or services using the mark Apple. In fact only when the majority of people (be it or not in a certain jurisdiction) would associate Apple with offereing apples or services in relation to apples, hence making it a famous mark.
 
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Well in theory yes.

But what I am saying is that in Law School you'll learn that - unless you have a famous trademark - you cannot succesfully uphold rights to a trademark in court should the the mark be discriptive of the goods or services you are offering in relation to that mark.

What I am not saying is that this means you cannot trademark a generic/deiscriptive word like, say Apple. You can, as long as you are not offering apples or services related to apples. This would only be differtent if you have put a lot of effort in building a business for these goods or services using the mark Apple. In fact only when the majority of people (be it or not in a certain jurisdiction) would associate Apple with offereing apples or services in relation to apples, hence making it a famous mark.

Thanks for this explanation (y)
 
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Got eNFTS.com although the e kind of spoils it a bit :)
 
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Thanks for sharing. Will check this in detail.
 
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according to whois nftdoge.com sold as well
 
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Did you take the chance?If not ,will you buy a NFT domain?

I won't participate in the trend. As said above, the really top tier names were taken years ago. I think there will be some interesting sales in this segment for a while, then it will pass as most trends do. Kudos to those that saw this coming a few years ago.
 
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I only have these:
NFT+ArtMedia >.COM
NFT+changer >.COM
NFT+nomy >.COM
NFT+Blockchain >.CO.UK & .UK, .XYZ
 
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Enefting is at least a new wave of money
 
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Anyone who thinks digital collectibles will just go away is being incredibly short-sighted, and maybe missed the boat. All the recent excitement might seem sudden and maybe a bit ridiculous, but NFTs / digital collectible assets have been on the verge of a breakout for years!
 
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Anyone who thinks digital collectibles will just go away is being incredibly short-sighted, and maybe missed the boat. All the recent excitement might seem sudden and maybe a bit ridiculous, but NFTs / digital collectible assets have been on the verge of a breakout for years!

Yep, and anyone who thinks that some of these NFT are not beanie babies are short-sighted as well.
Right now it seems like you can just attach NFT or blockchain to any turd and expect it to be valuable.

It is exactly like the ICO stuff a couple years ago. Most of the coins are complete crap now.
Long term some assets will be good, some will be crap. NFT is not some miracle to turn crap into gold.

Brad
 
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Yep, and anyone who thinks that some of these NFT are not beanie babies are short-sighted as well.

Absolutely, just like purely physical collectibles too, be it those beanie babies or a mickey mantle rookie card.

It is exactly like the ICO stuff a couple years ago. Most of the coins are complete crap now.

Possibly, but the difference with nfts is that they are unique, collectible, and something is actually owned rather than just blanket financing some concept of a company that never sees the light of day. Often there is utility to them as well, but that could change as defi and nfts start to merge and they become more of a startup financing mechanism. Those types of nfts would likely follow the ICO route and really should be in a separate class of their own.

Long term some assets will be good, some will be crap.

Sounds logical. That's how most new spaces go, similar to the .com bubble in 2000. Lots of excitement, huge investments initially with little basis, then it pops and levels out, and the ones with real lasting value survive. NFTs minted by already established brands like Atari, Topps, etc.. and especially ones that offer some form of utility with something people are already familiar with, will be some of the most exciting ones to watch imo.
 
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Absolutely, just like purely physical collectibles too, be it those beanie babies or a mickey mantle rookie card.

Possibly, but the difference with nfts is that they are unique, collectible, and something is actually owned rather than just blanket financing some concept of a company that never sees the light of day. Often there is utility too them as well, but that could change as defi and nfts start to merge and they become more of a startup financing mechanism. Those types of nfts would likely follow the ICO route and really should be in a separate class of their own.

Sounds logical. That's how most new spaces go, similar to the .com bubble in 2000. Lots of excitement, huge investments initially with little basis and tons of excitement, then it levels out, and the ones with real lasting value survive. NFTs minted by already established brands like Atari, Topps, etc.. and especially ones that offer some form of utility with something people are already familiar with, will be some of the most exciting ones to watch imo.

There are lots of differences between physical and digital items. That Mickey Mantle rookie card, it is actually scare. Some Ja Morant NBA top shot dunk is artificially scarce.

Also, with physical objects condition really matters. Items get lost or degrade over time, hence why vintage sports cards are so valuable.

Digital assets do not degrade in quality over time, which is a major reason why physical collectibles actually go up in value.

I think NFT make the most sense when it comes to fractional ownership of items with intrinsic value personally.

With most newer investments the majority of first movers lose money. If something has clear staying power at that point I will consider an investment.

I am more of a fan of the second-mover advantage when it comes to investing in general.

Brad
 
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Seth Godin did publish a piece recently that he sees NFTs as a dangerous trap.
 
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Seth Godin did publish a piece recently that he sees NFTs as a dangerous trap.

I read it earlier today. It has lots of interesting points.

An NFT would be interesting to me when -

1.) The underlying asset has intrinsic value.
2.) It is out of my budget otherwise.
3.) There could be potential dividends or returns.

I kind of view it more like owning shares in a company I guess.

Here is an example -

You own the domain Gold.com and put a $7.5M valuation on it. You split into however many parts, let's say 100,000. Each share would cost $75 to start with. Not many people have 7.5M to invest on their own but they might have a few thousand.

The owner pockets this money when the fractional shares sell. They could sell for higher or lower prices after the fact on the secondary market. The ultimate end game to me is when the domain sells for $15M that money is returned directly to the people who owned the shares on a proportional basis.

That type of concept makes far more sense to me than some of the stuff I am seeing.

Brad
 
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I won't participate in the trend. As said above, the really top tier names were taken years ago. I think there will be some interesting sales in this segment for a while, then it will pass as most trends do. Kudos to those that saw this coming a few years ago.

YES
I`m trying to buy some NFT names
  • I find that there are not many NFT names left
  • Of course, I will not buy in bulk, I will buy a few when I like them
  • And I also hope all the friends in the forum to be cautious,Choose the domain name according to your actual situation
 
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