CharmPosh.com Reveals How Blockchain Technology Will Protect Baby Names
Blockchain Technology Offers An Alternative Over Trademarks For Protecting Baby Names
CharmPosh.com's website explains that a trademark never dies, only if it is constantly in use. Identifying this very reason as also a major problem when it comes to baby names because if a trademark doesn't remain in use at all times it must terminate.
According to CR Cataunya Ransom for CharmPosh.com, celebrities mainly secure trademarks for the names of their children as babies, to typically stop anyone else from profiting while using the name.
Ransom says, most often celebrities themselves are not actually seeking to monetize the trademark of their baby names. Which is also a requirement of the trademark registration, that it will be used in commerce for monetization. Not doing so terminates the trademark rights.
Continuing, Ransom explains content from CharmPosh.com's website that covers how trademarks work for baby names. Revealing trademarks don't have to actually be filed, over simply using the mark first in commerce. As it relates to Trademark law, it is an issue of First to Use vs. First to File.
This is how the United States Patent and Trademark Office defines First Use, like date of first use anywhere is the date when (1) the goods were first sold or transported, or the services were first rendered, under the mark, and (2) such use was bona fide and in the ordinary course of trade.
The date the mark was first used "anywhere" means such use in the United States or elsewhere, regardless of whether the nature of the use was local or national, intrastate or interstate, or of another type. Which the date of first use anywhere will always be earlier than or the same as the date of first use in commerce.
For example, Kim Kardashian holds registrations for her three children "North West," "Saint West," and "Chicago West" and Kylie Jenner recently made headlines for filing paperwork for the trademarks "Stormi Webster" and "Stormiworld,"
In 2017, before Beyoncé and Jay-Z's twins "Sir Carter" and "Rumi Carter" were born, their names were secured as trademarks.
Ransom says that because celebrity parents hold influencer powers and are in a rush to trademark their baby names, many other parents attempt to copycat what they see.
This is where Blockchain technology saves the day. When parents purchase their baby names as a Blockchain Domain, the parent is the only one who holds ownership as the private key wallet holder and operator. Through acquiring the baby's name as a Blockchain domain, it also becomes an asset that sits on top of a smart contract such as the Ethereum platform.
CharmPosh reports Blockchain domains are on Zilliqa (ZIL) Mainnet network and already top celebrity baby names are taken. Which "Blue Ivy Carter" the daughter of Beyoncé and Jay-Z is already taken on Zilliqa (ZIL) Mainnet network.
Ransom is quick to point out that the names of celebrity babies are considered to hold hot resale value. However, she says that popular baby names year by year can hold even greater value.
Also, Ransom says parents can also send Bitcoin crypto at baby showers as gifts through Blockchain domains. Where Blockchain domains can accept cryptographic payments in 9 different cryptocurrency options and the list is rapidly expanding.
To set up a Blockchain domain for a baby name, CharmPosh.com's website provides a complete step-by-step article on how to get started for instantly securing baby names using Blockchain technology.
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