Talking of course about the $COIN vs $COIN situation.
Let’s start from the beginning, @coin_artist is a cryptoartist from the USA, real name is Marguerite DeCourcelle. She recently received a letter from @CoinDeFi lawyers to change the name of her social currency (named $COIN), since they had trademarked the use of $COIN.
Which is also their coin name.
Coin Artist had been using the name way before coindefi coin was launched but they managed to secure the term legally. However, the word coin cannot be trademarked in a way that makes sense since it’s a word we all use. One could even classify it as a creative common (?)
It’s like a car company trademarks the word "car". After some formal communication from the lawyers on both sides, Coin Artist decided to take the whole situation public.
Same! From My cursory understanding, they tried to work it out amicably and she referred to her lawyers. The issue was somewhat forced. But working to see what we can do. Apparently augur team has had similar api issues so they’re trying to help.
— Jeremy Gardner (@Disruptepreneur) December 23, 2020
Happy to send you all the letters!
— COIN ARTIST (@coin_artist) December 23, 2020
This was the first letter I received, I would not call this amicable. pic.twitter.com/Po9zZ5TGW8
— COIN ARTIST (@coin_artist) December 23, 2020
And her lawyers reply
The claim was outrageous, has anyone copyrighted a ticker before?
But what do i know? Let’s ask the box of infinite knowledge.
As you can read in the artist’s Twitter, the support was overwhelming against the evil shitcoin bullies.
Then Andreas Antonopoulos (my personal favorite crypto super hero, and my justice compass, Yuge respect for Andreas) jumped in, to lead the defence against coindefi.
Andreas made a very well written thread on twitter that for sure broke some bones.
Ok now you are caught up, what has been the coindefi defense?
Well they feel that they are completely right on their approach, they compiled an article as a response in which they state their bullshit arguments and paint themselves as innocent little flowers, while admitting they have successfully bullied others in the past, and only coin artist kicked back.
How disgraceful!
This is where they "set the record straight" lmao.
If you were impressed by the google investigative journalism skills showcased earlier, wait till you see this my happy little troll.
I have reached out to the TG group of the shitcoin, and here are the replies I got.
That’s some really toxic shit right there. If you go on their TG the responses when this is brought up are always similar.
A gofundme page has been started by coin artist to help with the legal expenses.
At the time of writing we can see, around 7,000$ have already been donated, out of a 100k $ goal on fiat + some donations in ETH that of course, can’t be displayed by gofundme.
Since this brought up a lot of attention, others started coming out.
This is why corporate bullying works. Defending against even a bullshit lawsuit or threat costs a lot of money. The whole point is to make people give up.
— Andreas (BEWARE of giveaway scams!) (@aantonop) December 24, 2020
She may not even raise 1/10th of that, but at least it goes to the EFF if it isn't needed for lawyers
It will be so interesting to see how this develops and if it even set a precedent. But we all agree that we cheer for the right side and when we win the message that we send out is :
Anyone else want to make a $COIN? I will send you 10 $ZCL RIGHT NOW if you promise to do the following
- Make a $COIN right now in 5 minutes at https://t.co/Wp4pXIco73
- Let @CoinDeFi know about it
- Give away a few $COIN on Twitter— Rhett Creighton (@Rhett_Creighton) December 24, 2020
It will be so interesting to see how this develops and if it even set a precedent. But we all agree that we cheer for the right side and when we win the message that we send out is :