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FB “LIBRA's” Real Name Cannot Be Used In New Domain Names

Labeled as discuss in Legal Discussion, started by blue crystal, Jun 12, 2019

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2,768

  1. blue crystal

    blue crystal Upgraded Member Blue Account

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    I think that the real name of Facebook's “Libra” cryptocurrency was / will be registered as a trademark, therefore we should not use it as part of any domain name.

    But what would happen if there is already a domain compound name that contains this new trademark name before it being registered as a trademark ?

    What is your opinion ?
     
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  2. CJ6

    CJ6 My favorite movies are too offensive now. Whimps. VIP

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    Libra is a zodiac sign, if I remember correctly. There are probably millions of domains with it already.

    I wouldn't care.
     
  3. Ategy

    Ategy Arif M, NameCult.com TheDomainSocial.com VIP ICA Member Gold Account

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    I suggest you take a look around at some of the many legal discussions regarding trademarks as nothing could be further from the truth.

    Trademarks are mainly usage based. So even if Facebook were already using Libra as the name for their crypto, anybody could use "Libra" in any way they want that isn't related to the specific trademark class that crypto falls into (I'm guessing finance, but I'm not 100% sure on that as I don't know the ~40 classes by heart).

    That being said .. if you registered "LibraCrypto.com" or anything like that AFTER Facebook registered/launches their currency, then that would likely be a problematic domain. But as @CJ6 mentioned, there are thousands+++ possible domains containing Libra that are not and will not have any problems.
     
  4. blue crystal

    blue crystal Upgraded Member Blue Account

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    Libra is just a temporary codename to the real name that will be revealed later on.
     
  5. cipcip

    cipcip Top Contributor VIP ★★★★★★★★★★

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    In my country there is a bank called Libra Bank (https://www.librabank.ro/), so even if they trademark it, i think we are ok.
     
  6. blue crystal

    blue crystal Upgraded Member Blue Account

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    I think some people misunderstood the title of this post.
    "LIBRA" is not the real name of the cryptocurrency that Facebook will launch.
    I am talking about the REAL NAME ( still unknown ), not "Libra".
     
  7. DoughMayne

    DoughMayne Established Member

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    I'm betting that it IS the real name of the coin. Why do you think not? We shall find out Tuesday.
     
  8. blue crystal

    blue crystal Upgraded Member Blue Account

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    It Seems That Facebook’s Got A Trademark For The Word “BOOK”.
    In 2010, Facebook sued and successfully shut down a startup travel website called Placebook. Then, in 2011, Facebook sued a teacher-and-student site called Teachbook.
    https://www.dictionary.com/e/facebooktrademark/
    If "Libra" will be the real name of the cryptocurrency, then, probably, is already trademarked. So, those who used it in domain names might have some problems...
     
    Last edited: Jun 17, 2019
  9. jideofor

    jideofor Top Contributor VIP ★★★★★★★★★★

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    There is a company in Nigeria that goes by that name and has been in existence before Facebook was born... so would they chase them out of business because Mark trademark libra? I think those hoping to cash in on this trend should abandon ship because I do not see Mark paying anybody to acquire their domain name.
     
  10. equity78

    equity78 Top Member TheDomains Staff TLDInvestors.com PRO VIP ★★★★★★★★★★

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  11. mad409

    mad409 Always thinking outside the box! VIP

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    They went with Libra.org, probably because the .com was taken. First place I looked for the whitepaper was Libra.com, bet its getting a ton of hits. lol
     
  12. leewiggins63

    leewiggins63 Top Contributor VIP

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    Anything new on copyright/trademark of a zodiac sign? I notice their symbol is different. I bought several domains today with libra in them. Curious.
     
  13. DoughMayne

    DoughMayne Established Member

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    Nothing new, you are good with Libra domains. Give it a year!
     
  14. jberryhill

    jberryhill Top Member John Berryhill, Ph.d., Esq. PRO VIP ★★★★★★★★★★

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    https://www.wipo.int/amc/en/domains/search/overview3.0/#item38

    3.8.2 Domain names registered in anticipation of trademark rights

    As an exception to the general proposition described above in 3.8.1, in certain limited circumstances where the facts of the case establish that the respondent’s intent in registering the domain name was to unfairly capitalize on the complainant’s nascent (typically as yet unregistered) trademark rights, panels have been prepared to find that the respondent has acted in bad faith.

    Such scenarios include registration of a domain name: (i) shortly before or after announcement of a corporate merger, (ii) further to the respondent’s insider knowledge (e.g., a former employee), (iii) further to significant media attention (e.g., in connection with a product launch or prominent event), or (iv) following the complainant’s filing of a trademark application.

    ----------

    The WIPO Overview of frequent UDRP issues takes about 45 minutes to read and addresses the vast majority of domain dispute questions posted to Namepros:

    https://www.wipo.int/amc/en/domains/search/overview3.0/
     
    Last edited: Aug 3, 2020

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