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Litecoin cloud coin trademark starting at 100,000, encryption industry IP value attracting follow
Recently, a noteworthy piece of news has drawn attention in the crypto world. A well-known e-commerce platform's asset bidding network platform is about to launch two trademark auction activities related to Digital Money. The two trademarks are "Litecoin" and "Yuncoin", and the auction will officially begin at 10 AM on April 17.
It is reported that the "Litecoin" trademark covers Class 9 and Class 36, and the two categories will be auctioned as a whole, with a starting price set at 100,000 RMB. Meanwhile, the "Yunbi" trademark belongs to Class 41, and its starting price is also 100,000 RMB. Investors participating in the bidding need to pay a deposit of 10,000 RMB.
It is worth mentioning that the registrants of these two trademarks are both Shenzhen Yuanwei Culture Co., Ltd. Among them, the registration date of the "Litecoin" trademark is July 14, 2015, while the registration of the "Yunbi" trademark was completed on September 28, 2015.
The recent trademark auction incident has sparked widespread discussion among industry insiders. Some analyses suggest that this may reflect a reassessment of certain companies regarding the intellectual property related to Crypto Assets. At the same time, there are viewpoints indicating that this might hint at a gradual resurgence of market interest in related assets after the cryptocurrency industry has undergone a period of adjustment.
However, some experts remind that although these trademarks share the same name as well-known Crypto Assets projects, buyers should still exercise caution when using them to avoid potential legal disputes. In addition, considering that the regulatory environment of the crypto world is still constantly changing, the actual scope and value of the relevant trademarks remain to be further observed.
In any case, this trademark auction undoubtedly brings new topics to the Crypto Assets industry. It not only provokes thoughts on the intellectual property of Digital Money but also reflects, to some extent, the market's expectations for the future development of Crypto Assets. As the auction date approaches, the industry will closely monitor the progress of this matter and its potential far-reaching impacts.