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Litecoin and Yunbi trademarks are up for auction, starting price 100,000 yuan, attracting follow.
According to reports, a bidding network platform recently announced two trademark auction information related to crypto assets. These two trademarks are "Litecoin" and "Cloud Coin", and the auction will officially start at 10 AM on April 17.
The auction details show that the "Litecoin" trademark covers Class 9 and Class 36, with the two categories being auctioned as a whole. The starting bid for this trademark is set at 100,000 RMB. Meanwhile, the "Yunbi" trademark belongs to Class 41, and its starting bid is also 100,000 RMB. Both trademarks require a deposit of 10,000 RMB for bidding.
It is worth noting that the registrants of these two trademarks are Shenzhen Yuanwei Culture Co., Ltd. The "Litecoin" trademark was registered on July 14, 2015, while the "Yunbi" trademark was registered on September 28, 2015.
This trademark auction has sparked industry attention towards encryption-related intellectual property. With the rapid development of the blockchain and digital currency sector, the value of relevant trademarks may receive increasing attention from investors. However, potential buyers should also exercise caution when participating in bidding, evaluating the actual application value and potential legal risks of these trademarks.