discuss Libra domains. Fingers crossed!

[FirstDomainer.com]

Purchased 3 two word libra .COM domains today. What are your thoughts and suggestions? Well, fingers crossed !!

 

[Joakim]

Apart from that, who is going to buy these names, let's assume that Facebook doesn't hunt them down and feels cool about it?

This is no different from owning a domain name with just one end user which in this case is Facebook and if they decide not to buy them, you are on your own holding the bag

So the Federal Reserve System is the only enduser for $$$ domains?

 

[Internet.Domains]

Apart from that, who is going to buy these names

3rd party developers are already building on these domains. You can find some here:

LibraStartUp.com

And here:

Community.Libra.org

 

[Internet.Domains]

..and they are actually mentioning Facebook's Calibra on their site, seriously, how dumb can people be

I'm not sure where you got that. I gave you two resources where there is documented proof that people are developing on Libra names. In fact, they are discussing these builds on a forum hosted by the Libra Association.

If people are not going to take legal advice from an expert like jberryhill, then you really will never learn.

@jberryhill is a great resource. In fact he won a case based on currency being generic. He has done more to help Libra domains for 3rd party developers than realized. He set precedent.

The sad thing is, 99% of the libra names on here are not worth registering anyway.

I will let the market decide that. It's a new market and opinions vary, but ultimately the market decides.

You can try and justify it all you want but I think you know whats right and wrong.

I believe in doing right. I don't infringe and have no malicious intent. I also believe most that have registered Libra domains feel the same.

Key points you need to undertand:

A. We have seen the head of Libra development mention and promote 3rd party products built on Libra domains.

B. We have seen a past UDRP case won based on currency being called generic.

C. We are seeing Libra domains developed, discussed and listed on the official Libra developer forum.

D. The official whitepaper invites 3rd party development on the Libra Blockchain/Network. Congressional testimony backs that up.

What else do you need to be convinced that domain investors investing in Libra domains is doing it in good faith?

Speaking of good faith, do you feel it's fair to continue to label Libra domain investors as those that have malicious intent?

 

[Joe drake]

You're attempting to ride on fb's tm?

Yeah there’s 10s of thousands of bitcoin domains an$ no ones complaining ,every time someone punches up Libra fb get more exposure

 

[myfavorite]

Facebook warns investors that Libra digital currency may never see the light of day

Try to always include source of your information

 

[Cryptoearn.co]

LibraKnowledge.com
LibraAbility.com
LibraWinner.com

Better go for crypto specific one. Because i feel there will be crypto revolution if not bitcoin or libra

 

[ksusha64]

Keeping fingers crossed and praying is always good. Pray to win in lottery instead. Much better chances.

 

[richasis]

*purchased

I like "invested"... it assumes a return whereas 'purchase' does not.

 

[FirstDomainer.com]

No.

what NO ?

 

[FirstDomainer.com]

You're attempting to ride on fb's tm?

not legal ?

 

[lambo.com]

that's exactly why I invested in them . Had it been illegal, there wouldn't have been thousands of registrations made already !! But the question is , IS IT HERE TO STAY ?

Invested?

 

[CryptoCasino]

what did you buy?

 

[FirstDomainer.com]

Libra is joke, betrer you have tried getting some other good two word .com

Why do you think of it as a joke ?

 

[FirstDomainer.com]

LibraKnowledge.com
LibraAbility.com
LibraWinner.com

 

[FirstDomainer.com]

LibraLinked.com
Libraace.com

I was thinking of registering LibraAce.com .. you purchased it . Good luck!!

 

[BrandChimp]

The co-creator of Libra (and Calibra project leader) himself is literally tweeting out Libra-related domains + a good few $$$$ acquisitions later and we are still having this conversation based on misunderstanding a trademark...

See https://www.facebook.com/notes/david-marcus/libra-2-weeks-in/10158616513819148/

he doesn't mention domains or .com in the long post...

 

[griff]

he doesn't mention domains or .com in the long post...

I said he tweeted Domains (e.g. https://twitter.com/davidmarcus/status/1146090206904250374), the link just explains pretty clearly Facebook's relationship to Libra (not theirs) and Calibra (their subsidiary wallet co)

 

[ProDomanico]

Just regged : Libra//mobile//wallet ## calibra//mobile//wallet in KING

 

[Ategy]

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 ...

 

[ivey]

Well said!

I think the nay-sayers are the one's who didn't register a good libra domain in time tbh

I agree. I had that same thought. I think if they owned LibraWallet.com or LiobraCasino.com, they wouldn't be so outspoken against it.

 

[Internet.Domains]

It should also be noted that Facebook, although they kickstarted the project, does not control or govern the currency. Yet, they branded their startup company with the term Libra in it, called CaLIBRA.....

 

[Ategy]

What do you say about the lead engineer promoting developed 3rd party websites with the term Libra? How would you explain his promotions of domains with the term?
https://twitter.com/davidmarcus/status/1146090206904250374

Very simple answer .. he's a tech guy who doesn't know about trademarks. On top of that, he has ZERO authority on the matter.

Specifically since the Libra Foundation isn't even really set up yet. Rest assured when they do, they will have a legal department.

Above that .. there are still legal fights on if they can even use the trademark world wide .. there are several strong conflicting trademarks they need to address. Don't count out a final name change just yet (although they do have the $$$ to buy their way out).

Again .. trademarks are mainly "usage" based .. so if you have inactive domains you're definitely safe for a while .. but no serious startup will ever end up with Libra in their name unless they get direct permission from the Libra Foundation (AND any other potential Libra trademark holders).

Particularly if the Libra Foundation settles with the other global trademark holders, any other company that has Libra in the name will need to get authorisation fromthe Libra Foundation AND all the other trademark holders.

i suggest you take the time to visit the Libra website before making sweeping statements. If you go there you you will see organizations not affiliated with the Libra association using Libra in there interaction with the Libra team.

This is one. They are creating a Libra education platform. They are NOT part of the Libra team

https://community.libra.org/u/edulibra/summary

Here is there website
Notice the domain name?

edulibra.org - education platform on libra blockchain

There are open source and virtually pre-concept .. quite a ways off from having anything made. If you look at the dialog you'll see quite clearly it's just a couple of guys with an idea. Less than basic.


At the end of the day, because most people don't understand trademarks, there will be plenty of Libra sales between domainers at the start .. hopefully you get lucky and sell for more than you buy ... but the end user sales will be very sparse .. even less so after (IF) Libra gets going.

 

[Internet.Domains]

Very simple answer .. he's a tech guy who doesn't know about trademarks. On top of that, he has ZERO authority on the matter.

Specifically since the Libra Foundation isn't even really set up yet. Rest assured when they do, they will have a legal department.

Above that .. there are still legal fights on if they can even use the trademark world wide .. there are several strong conflicting trademarks they need to address. Don't count out a final name change just yet (although they do have the $$$ to buy their way out).

Again .. trademarks are mainly "usage" based .. so if you have inactive domains you're definitely safe for a while .. but no serious startup will ever end up with Libra in their name unless they get direct permission from the Libra Foundation (AND any other potential Libra trademark holders).

Particularly if the Libra Foundation settles with the other global trademark holders, any other company that has Libra in the name will need to get authorisation fromthe Libra Foundation AND all the other trademark holders.




There are open source and virtually pre-concept .. quite a ways off from having anything made. If you look at the dialog you'll see quite clearly it's just a couple of guys with an idea. Less than basic.


At the end of the day, because most people don't understand trademarks, there will be plenty of Libra sales between domainers at the start .. hopefully you get lucky and sell for more than you buy ... but the end user sales will be very sparse .. even less so after (IF) Libra gets going.

I agree with your premise that there is still alot to be settled. The dust needs to settle to see where everything stands.There are many unknowns.

Knowing that, it is premature to label domainers that invest in 'Libra' domains as "cybersquatting" and/or trying to sell the domains to Facebook. Not only is this untrue, but it puts ALL domain investors on the defensive when looking from the outside.

 

[Internet.Domains]

I'm just trying to understand this whole Libramania. When I hear some partners talking about being careful getting " Libra related domains" because of possible future trademark infringement etc...I ask myself: Does this mean that the LIBRA FOUNDATION might POSSIBLY" trademark the name LIBRA. Is that what is going on over here? If so, can the name LIBRA be trademarked? Isn't LIBRA an astrologicalL sign in the zodiac that exists I believe 2,000 years before this FB Libra project and that is used billion of times around the world or the future issues could be just about using the name Libra + Stable coin terminologies? Any light???

The Libra Foundation has recently filed a Trademark application for the term 'Libra'. It is unknown if it will be granted or the extent of contention it will receive. The TM application may end up being a contentious issue with the regulatory agencies and law makers that are questioning the Libra roll out.

 

[Picorio]

The Libra Foundation has recently filed a Trademark application for the term 'Libra'. It is unknown if it will be granted or the extent of contention it will receive. The TM application may end up being a contentious issue with the regulatory agencies and law makers that are questioning the Libra roll out.

What, Really??? Wow. I hope they won't get it. That way we all will be seating on top of gold mines with all those Libra domains we have registered. Thank you @Internet.Domains. Great info