Dogecoin is in the middle of a Trademark fight<\/h2>\n
Dogecoin (CRYPTO: DOGE) is a dog-themed cryptocurrency released on December 6, 2013, as a joke, is now in the centre of a trademark war between several institutions, according to a report by The Wall Street Journal.<\/p>\n
![\"Dogecoin](\"https:\/\/static.digit.in\/default\/b1cf1cfe34f05852eb8c75c4477c01a5120bda20.jpeg\")
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Dogecoin Foundation, a Colorado non-profit organisation co-founded by Billy Markus and Jackson Palmer, has now filed an official claim with the US Patent and Trademark Office. The report adds that there are a dozen other applications filed at the Trademark office, who, too, are in the race to claim the exclusive rights of the Dogecoin brand. The Colorado-based non-profit organisation was formed in 2014, but they did not file an official claim with the Trademark Office until late August 2021.<\/p>\n
Dogecoin Trademark fight – How did it begin?<\/h2>\n
The Dogecoin foundation had been defunct for several years and was re-established in August 2021. In these years, the foundation did not file a claim for the trademark, even though many institutions were copying its name and had filed a claim for its trademark. One such organization is Moon Rabbit AngoZaibatsu LLC.\u00a0\u00a0<\/p>\n
![\"Dogecoin](\"https:\/\/static.digit.in\/default\/fb67fa1ed31102b53317ff0824a8847571995c6e.jpeg\")
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According to WIPO, \u201cA trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights.\u201d<\/p>\n
The Impact of Dogecoin Trademark fight<\/h2>\n
The Trademark fight shows that Dogecoin is getting a lot of attention from several institutions. Though the cryptocurrency was created as a joke on the crypto world, it would not be considered as a joke anymore, as a dozen of institutions have applied for its trademark at the US Trademark office.\u00a0<\/p>\n
Billy Markus, the co-creator of Dogecoin and one of the board members of Dogecoin Foundation, told Benzinga that the foundation was worried about \u201ctrademark trolling.\u201d Trademark trolling is the practice of registering a trademark without intending to use it. \u201canything new trying to claim the trademark of Dogecoin is doing so in bad faith,\u201d Markus told the publication.<\/p>\n
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It\u2019s inevitable pic.twitter.com\/eBKnQm6QyF<\/a><\/p>\n