Author Topic: BitReserve looking to steal the rest of our BitAssets  (Read 15217 times)

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Offline vlight

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How long BitReserve has been using these asset names? Just wondering if BitShares was the first to use it.

Offline Rune

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If they try to enforce their trademarks against us, it will backfire and give us publicity. I say bring it on. You cant enforce trademarks against a blockchain.

This is what I hope will happen too.

These people think that language is controlled by the law. It's one of those things that really pisses off most people who are into cryptocurrency. Well guess what, with our giveaways and faucet there's going to always be a hundred times as many people using real bitassets, compared to "bitassets(tm)"

Offline speedy

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If they try to enforce their trademarks against us, it will backfire and give us publicity. I say bring it on. You cant enforce trademarks against a blockchain.

Offline nomoreheroes7

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Looking at the BitReserve website again today (https://bitreserve.org/en/about-us/trademark-notice), and it looks like they're going on a trademark spree for all Bit* terms:

•BITRESERVE
•The BITRESERVE logo
•RESERVECHAIN
•RESERVELEDGER
•bitdollar
•bityuan
•bityen
•biteuro
•bitpound
•bitgold
•bitsilver
•bitpalladium
•bitelectrum
•bitmxpeso
•bitphpeso
•bitpeso

A Google search brings up trademark applications for each of these, filed 2014-12-02 (http://trademarks.justia.com/864/68/bitdollar-86468934.html, http://trademarks.justia.com/864/68/biteuro-86468938.html, http://trademarks.justia.com/864/68/bitgold-86468612.html, etc). It looks like none have been reviewed though (and thus they haven't been granted the trademarks yet, I'd presume), as the status shows "New Application - Record Initialized Not Assigned To Examiner" for each.

An interesting trademark application for bitdollar appears to have been made on 2014-03-13, and was apparently granted on 2014-12-12 with the status "Publication/Issue Review Complete" (http://trademarks.justia.com/862/20/bitdollar-86220809.html)

Are we really gonna let a centralized POS company backed by the scam artist Halsey Minor steal our limelight? Do we have any options to debate these trademarks with the USPTO (as our product was first to market to something?)

Oh, and BitReserve apparently also just completed its second crowdfunding round, bringing its total raised to $14 million now and becoming the second best crowdfunded digital currency project after Ethereum's $18 million (http://cointelegraph.com/news/113217/bitreserve-raises-us95-million-in-second-largest-crowdfunding-round-in-the-digital-currency-sector).

I feel a war brewing...
« Last Edit: December 30, 2014, 03:26:58 pm by nomoreheroes7 »