Lord of the Rings-themed cryptocurrency gets thrown into Mount Doom

Enlarge / A screenshot from jrrtoken.com. All similarities to LOTR had been purely coincidental, apparently.

The property of J.R.R. Tolkien, the creator of The Lord of the Rings, has efficiently vanquished a cryptocurrency that styled itself as “The One Token That Guidelines Them All.”

The JRR Token cryptocurrency launched in August, with a web site that featured rings, hobbit holes, and a wizard with an uncanny resemblance to Gandalf.

However the Tolkien property, which handles the rights to J.R.R. Tolkien’s The Hobbit and The Lord of the Rings fantasy novels, shortly stepped in to lodge a grievance with the World Mental Property Group (WIPO), the international discussion board for mental property coverage.

It famous that the cryptocurrency’s web site area title infringed its logos. Tolkien’s novels have been made into a trilogy of Hollywood movies, directed by Peter Jackson and starring Ian McKellen.

In response, legal professionals for Matthew Jensen, JRR Token’s Florida-based developer, mentioned that “token” was a generic time period, shouldn’t be confused with the surname Tolkien, and it didn’t infringe any mental property.

However the WIPO administrative panel resolution concluded that there was little question that the developer was “conscious of Tolkien’s works and created a web site to commerce off the fame of these works.”

The Tolkien property mentioned it had now recovered the JRRToken.com area title and had obtained the developer’s enterprise to cease all operations underneath the JRR Token title and delete any infringing content material from all related web sites and social media accounts.

Steven Maier, solicitor at legislation agency Maier Blackburn, which acted for the J.R.R. Tolkien property, mentioned this was a “significantly flagrant case of infringement” and added that the property was “vigilant” about stopping unauthorized events from taking benefit of the J.R.R. Tolkien title.

In the previous the Tolkien property has sued tourism and merchandise corporations for making use of the creator’s title and literary works, however that is the first time it has taken motion in opposition to a cryptocurrency.

Johnson Dalal, the US legislation agency representing Jensen, has been contacted for remark however had not responded by time of publication.

© 2021 The Financial Times Ltd. All rights reserved To not be redistributed, copied, or modified in any manner.

Lord of the Rings-themed cryptocurrency gets thrown into Mount Doom Source link Lord of the Rings-themed cryptocurrency gets thrown into Mount Doom

Leave a Reply

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