Originally published at: Tolkien-themed cryptocurrency shut down over copyright infringement | Boing Boing
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Another innovative currency goes by the wayside. Struck down by Big Fantasy! /s
You misspelled “trademark infringement” in the subject. @doctorow is probably shaking his head somewhere.
Also, does the fact that they used trademark to enforce this mean that there will be an official Tolkien cryptocoin? I mean, trademark’s only purpose is to prevent customer confusion, so I imagine they’d have to be in a competing market. Right?
Right??
Ack, good point. I’ll be honest: I DID have “trademark infringement” in the headline, but the Wordpress CMS has this “headline assistant” tool thing that told me that “copyright infringement” was somehow more “clickable.” I don’t always take the AI’s advice on such things — like if it’s intentionally misleading — but in this case, I neglected to consider the differences.
Not necessarily; trademark law is also used to protect brand reputation and integrity.
If I tried to launch a line of My Little Pony®-themed sexual health products and got shut down by Hasbro that doesn’t imply that Hasbro was secretly planning to sell their own version of Applejack Ass-Lube.™
Then I guess Palantir probably shouldn’t exist (but also for other reasons, as well).
Sort of. The ostensible purpose of trademarks is to indicate the source of a good or service. So if you buy a LOTR licensed game, merchandise, etc., you have a reasonable expectation that it’s been created, or at least signed off on, by a particular organization. In other words, it’s not going to be Ratatoing. While the Tolkien estate isn’t involved in crypto, a reasonable consumer wouldn’t know this, and would make a reasonable assumption that the JRR Token is, in fact, associated with Tolkien and LOTR, especially as the similarity in branding is the main draw.
I was thinking more:
(Also, “JRR Token” is pretty cheap pun— I would think the obvious name for it would be “mithril” or some variant.)
… I know more than a few bronies that would buy the hell out of that.
Indeed. There’s been a running gag in the computer network industry for a long time mis-labeling “token ring” as “tolkien ring”, for obvious reasons.
Maybe an enterprising entrepreneur could launch a competing brand called “My Big Stallion.”
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Ummm… Nope. not going there. Besides, others already have. (and OMG NSFW.)
“Bad Dragon” already has the market pretty covered when it comes to horse themed sex toys.
That’s the name of my new band!
That’s our first single!
Thiel already has that one. Mithril Capital.
Also:
and
Coming soon, Banana-Token. Just look at it!
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