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  4. “Lord of the Rings” Themed JRR Token Banned Over Copyright Issues
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“Lord of the Rings” Themed JRR Token Banned Over Copyright Issues

JRR Token is no longer being distributed: the token’s website, YouTube channel, and Twitter (NYSE:TWTR) accounts are also being closed down. Tolkien’s estate,...
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“Lord of the Rings” Themed JRR Token Banned Over Copyright Issues “Lord of the Rings” Themed JRR Token Banned Over Copyright Issues

JRR Token is no longer being distributed: the token’s website, YouTube channel, and Twitter (NYSE:TWTR) accounts are also being closed down.

Tolkien’s estate, which takes care of the rights of the late J.R.R Tolkein, author of “Lord of the Ring’s,” claimed that the digital asset infringed upon the trademark.

The token was launched in August 2021 and combined online gaming, in-game crypto wagers, and NFT utilization.

Developers called their project “The One Token That Rules Them All.” The coined phrase was made in reference to the famous quote “one ring to rule them all,” from the genre defining fantasy novels.

The token’s website displayed many creatures, such as images of wizards, rings, and Hobbit holes, created by the famous writer.

The domain’s name, JRR Token, also bore resemblance to the author’s name – J. R. R. Tolkien.

Allegations made against them proved that the developers of JRR Token were making money from the late author’s names and creations, without the rights or licensing to do so.

“There is no doubt that the Respondent was aware of Tolkien’s works and created a website to trade off the fame of these works,” WIPO (World Intellectual Property Organization) panel member John Swinson concluded.

On The Flipside

  • Intellectual property laws and WIPO are adapting to the crypto world.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

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EUR/USD

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USD/JPY

157.91

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AUD/USD

0.6469

-0.0003 (-0.05%)

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USD/CAD

1.3780

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EUR/JPY

168.32

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EUR/CHF

0.9808

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Gold Futures

2,295.80

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Crude Oil WTI Futures

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Brent Oil Futures

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Natural Gas Futures

1.946

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US Coffee C Futures

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Euro Stoxx 50

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S&P 500

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DAX

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FTSE 100

8,144.13

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17,763.03

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1,973.05

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10,854.40

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27.35

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266.60

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Adidas AG

226.40

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6.714

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Siemens AG Class N

175.90

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15.010

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
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ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
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Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
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WTI$80.83+3.390.04%
Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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