I might get burned for this, but this is my opinion and if you don't like it well just let me know
For anyone on the Libra is a constellation or old Roman weight bandwagon and it is all fine and dandy to register Libra names for resale because it's a generic word you have entirely missed the point.
You have registered these names to try and sell to companies who will be working in the same space as them, I mean way over 1000 plus registrations within a week AFTER the Facebook announcement.
Are people are going to plead ignorance to this and say I got this name for a sky mapping project or I am a big fan of Roman weights? Come on, you don't become a multi billion pound company by not aggressively defending your Brand.
Also Facebook have acquired trademarks which predate their announcement....... just in case you grabbed some names before then.....
The Korean Intellectual Property Office rejected Facebook's application on the 9th May for Libra as there were already 4 trademarks in use within South Korea.
"Industries which KIPO cited as being pre-registered include:
-management of investment portfolios
-online financial planning service, data tracking of cryptocurrency transactions for accounting surveillance and monitoring agency service
-online project development management service and support service for others’ startups."
On top of the above LG also had a trademark for Libra watch which was cited as well.
"The Libra trademark had also belonged to other companies in the United States, but Facebook acquired the rights to the trademark in the U.S. from those other companies."
https://thenews.asia/en/2019/06/21/south-koreas-lg-owns-trademark-to-libra-in-korea
So if Facebook can not Trademark it's own currency name in a country what do think the chances are that any other company working in this space will want to buy these names and face getting sued?
This does not even include all the Trademarks for Libra in other sectors.......There are 458 active "Libra" trademarks, 61 pending and 372 are inactive according to the WIPO global brand database.
I am personally glad not to be involved in this space, I did have a day or 2 of thinking about grabbing some names but decided it would not be worth the risks......
Right, that is my mini rant, lecture, release however you want to see it over.......could do with a beer now.
For anyone on the Libra is a constellation or old Roman weight bandwagon and it is all fine and dandy to register Libra names for resale because it's a generic word you have entirely missed the point.
You have registered these names to try and sell to companies who will be working in the same space as them, I mean way over 1000 plus registrations within a week AFTER the Facebook announcement.
Are people are going to plead ignorance to this and say I got this name for a sky mapping project or I am a big fan of Roman weights? Come on, you don't become a multi billion pound company by not aggressively defending your Brand.
Also Facebook have acquired trademarks which predate their announcement....... just in case you grabbed some names before then.....
The Korean Intellectual Property Office rejected Facebook's application on the 9th May for Libra as there were already 4 trademarks in use within South Korea.
"Industries which KIPO cited as being pre-registered include:
-management of investment portfolios
-online financial planning service, data tracking of cryptocurrency transactions for accounting surveillance and monitoring agency service
-online project development management service and support service for others’ startups."
On top of the above LG also had a trademark for Libra watch which was cited as well.
"The Libra trademark had also belonged to other companies in the United States, but Facebook acquired the rights to the trademark in the U.S. from those other companies."
https://thenews.asia/en/2019/06/21/south-koreas-lg-owns-trademark-to-libra-in-korea
So if Facebook can not Trademark it's own currency name in a country what do think the chances are that any other company working in this space will want to buy these names and face getting sued?
This does not even include all the Trademarks for Libra in other sectors.......There are 458 active "Libra" trademarks, 61 pending and 372 are inactive according to the WIPO global brand database.
I am personally glad not to be involved in this space, I did have a day or 2 of thinking about grabbing some names but decided it would not be worth the risks......
Right, that is my mini rant, lecture, release however you want to see it over.......could do with a beer now.