FirstDomainer.com
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Purchased 3 two word libra .COM domains today. What are your thoughts and suggestions? Well, fingers crossed !!
Maybe we could get @jberryhill to give us the exact rules if an existing trademark in a class covers the entire class or just the specific sub-descriptors (sub-classes?)?
All that said .. establishing TM rights on a global scale for what they are hoping to be a planet-wide digital currency is a monstrous undertaking.
IS IT HERE TO STAY ?
You come with a great wealth of knowledge, but you really need to work on your delivery.
Had it been illegal, there wouldn't have been thousands of registrations made already.
Cryptocurrency is not a product. How do you explain the term 'Bitcoin'? Is Bitcoin a product or cryptocurrency?Stay away from company products, its frowned upon this industry and its what always gives us domainers the squatters tag.
how can they prove a tm issue otherwise?
Libra will drive the development of other related products, such as news, shopping rebates, and many more. That's why you registered libra.Cryptocurrency is not a product. How do you explain the term 'Bitcoin'? Is Bitcoin a product or cryptocurrency?
Is Libra different than Bitcoin?
Are Bitcoin domains labeled with a "squatters tag?"
The whole idea of decentralization and cryptocurrency is control. Not one entity controls decentralized cryptocurrency and that is the appeal.
Facebook does not control Libra, they only kickstarted it. Libra is controlled by the Libra Association.
If the Libra Association controls and TM,s the term (as they are attempting), it would technically not be cryptocurrency and it wouldn't be decentralized. In that case it could be considered a product, but not cryptocurrency. Although, we aren't at that bridge yet. Stay tuned these are interesting times.
The people behind the of development Libra have publicly encouraged and applauded the development of Libra related sites. Literally sites with the word/keyword "Libra" in it...that promotes the actual coin.
really? so r u speaking from experience as a tm expert or simply speculating?
If the domain is going to be used just for news related to the coin then it's not really infringing on the trademark class of the coin. (I'm certainly not 100% on that)
But the moment someone uses a "Libra" domain to market a product in the same class (pretty much ANYTHING digital), then there most definitely *IS* a trademark infraction.
Obviously the Libra Foundation (/Facebook/whoever runs Libra) can choose not to enforce it's very legal trademark .. but it's completely up to them .. and very unlikely they will ever allow anyone they do not give specific permission to to create a "LibraWallet" or "LibraApp" etc.
If you think Facebook and other major companies behind Libra are not going to actively enforce their trademark sooner than later then I've got prime swampland to sell you in Florida! lol
That being said .. they very likely won't come after inactive domains, and instead focus their attention on those actually using the names actively. Which means that while you might not get sued .. any end-user who wants to use the name who buys the domain from you will very likely get sued the second they put their product out there in a way that makes them money (even if it's a free product running ads). Most developers know this and as such will never buy "Libra" domains.
So yes .. they are likely relatively safe to hold as inactive domains in a portfolio (although not necessarily officially 100% safe) ... but if you have almost no chance of selling the domain .. then what's the point of owning it in the first place? That's the real problem with trademark type domains ...
The Creators of Libra have publicly acknowledged and and encourage the use of Libra related websites that focus on promoting the coin and on it's development. What they are against are people who pretend to be direct creators trying to sell people fake coins etc. You're going to be shocked how many Libra related websites and innovations spring up and how many domain name sales will happen.
Purchased 3 two word libra .COM domains today. What are your thoughts and suggestions? Well, fingers crossed !!
When examining the TM that Facebook purchased there is an important detail to understand.
The TM is for a TAX company.
https://www.theblockcrypto.com/2019...wn-tax-company-for-its-secret-crypto-project/
Again, I agree there are many legal issues to be settled, and because of this it is premature to label 'libra' investors as TM violators. In fact, it is absolutely wrong to do so if one has TM knowledge.
if a libra domain is generic in nature its not a tm issue
for example libraslots just sold and it doesnt refer to fb libra, so im quite sure its safe from a fb tm issue
but if u have libracoins or libratokens thats another story as it is referring directly to the fb products
I have Libraology.com which i feel is quite generic as it can refer to the astrology niche
also LibraEmpowers.com
this saying can relate to the astrology niche of Libra as well but can cross over to fb Libra with little tm issues even though its mentioned in the Libra whitepaper as it doesnt refer to a fb tm product , it only generalizes
Firstly, are you are acting on the behalf of facebook and the libra association?
Someone's jealous they didn't get in on LibraDomains fast enough!Anyone that registered “Libra” domains has -
1. Lost their money
2. Operated in bad faith.
Go back to domaining 101 and learn how this game works!
That’s funny.Someone's jealous they didn't get in on LibraDomains fast enough!