Coinbase Exchange Files to Trademark Crypto Jargon “BUIDL”
Coinbase set to get a new trademark approval for “BUIDL” and has submitted the request to get an approval for the miss-spell word “Build” trademark as ‘BUIDL”. The term is already in wide use in the cryptocurrency community and the community is not very happy about this.
Why trademark “BUIDL”? Crypto community not happy
The request was submitted on October 02, 2018 to the commissioner for trademarks. The Application for trademark “BUIDL” was submitted by the Californian based cryptocurrency exchange, Coinbase, Inc., which was in regards to the ‘Software as a service (SAAS) services. The official announcement claims that the SAAS that using virtual currency and software that are non-downloadable but helps in trading, tracking, reading and using tokens with blockchain technology.
It reads as;
International Class 042: Software as a service (SAAS) services featuring software for transactions using virtual currency, namely, software for managing, buying, selling, storing, transacting,…
Read Full Story : Coingape