Finance News
By Steven Anderson
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DISNEY AGAINST TRON TRADEMARKS APPLICATIONS
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TRON TO PROSECUTE THEIR TRADEMARKS IN US
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NOTICE FROM DISNEY
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TRON Did Not Expect the Whole Community to Turn Up for the TestNet
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Three trademark applications of TRON were not accepted; undoubtedly, the rejections are a damaging blow to the blockchain platform of Justin Sun.
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Early in November, Disney claimed that TRON applications for trademarks would damage its brand and no response in this regard.
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Justin Sun, CEO of TRON, is a billionaire and Chinese entrepreneur. He is known for paying $4.
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In an ICO for the TRON (TRX) in September 2017, he spent in millions in an attempt to attract several other developers to the project.
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Justin Sun Tweeted: “(2/6) When a trademark application is in the United States, it has to specify a "class" for the type of product or service that the trademark belongs to.
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Tron stated that they would continue to prosecute their trademarks in the United States, further stating that they have received trademark registrations in several other countries.
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Disney continues to argue that TRON, Blockchain Company is creating confusion over its brand.
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A notification from Disney acknowledged by Raybo technology did not file anything in return.
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Jake Chervinsky, counsel at Compound, stated that "Tron did not take the trademark registration process seriously." He added that they did not hire a US counsel to represent them.
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There was nothing wrong about abandoning a Trademark attempt when faced with a strong defense like that of Disney; however, a respectful way is to withdraw the application and…
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TRON News tweeted: “Test-net is currently being upgraded, be prepared for an all exclusive dapp utilizing the #TRON network!
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