Crypto:
30392
Bitcoin:
$61.242
% 0.64
BTC Dominance:
%53.4
% 0.21
Market Cap:
$2.29 T
% 3.64
Fear & Greed:
30 / 100
Bitcoin:
$ 61.242
BTC Dominance:
% 53.4
Market Cap:
$2.29 T

ENS Petitioned the US Patent and Trademark Office

Ens

ENS, Ethereum Name Service, has filed a petition with the United States Patent and Trademark Office (USPTO) for a trademark obtained by Unstoppable Domains.

“In 2023, Unstoppable Domains (UD) received a patent from ENS Labs for a technology developed as open source. Today, we filed the portfolio with the USPTO to challenge the existence of this patent and ensure that the web remains a collaborative space,” ENS said. he explained.

Provides domain name and budget services such as UD and ENS. ENS claims that UD patents “open source innovations that directly leverage ENS’s offering” and that ENS’s contributions are even patented.

“We offered UD the opportunity to avoid this war: UD refused to open source the patent and refused to engage in any irrevocable continuation of the patent despite its use in a way that was detrimental to the community,” ENS said. He continued on social media. “This is a battle we have to choose, but one we are fully committed to for the sake of the future of Web3.”

Response from Unstoppable Domain

Matthew Gould, founder of Unstoppable Domains, said, “Whether the ENS prior art was cited on the first page of the patent along with ENS’s resources, the patent was examined by the examiner with these references included, it was reported that the patent was valid and the patents’ Web3 and domain expertise were quite widespread.” ” said.

“We already submitted a liability declaration proposals about a year ago and we view that issue as resolved,” Gould said. He added and stated that the patent was valid.

READ:  Novogratz: 'Bitcoin ETF Will Be Approved This Year!

In July 2022, Unstoppable Domains stated that Pantera Capital raised $65 million in a Series A round under their sovereignty, giving the company a valuation of 1 billion energy.


You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

Rate this post

Leave a Reply

Your email address will not be published. Required fields are marked *