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Ripple’s Trademark Quest: Navigating Charitable Ventures and Legal Waters

Ripple’s Trademark Bonanza

Ripple, the heavyweight boxer of the cryptocurrency world, is keeping its trademark game sharp. Just last month, they filed four new applications with the United States Patent and Trademark Office (USPTO). Talk about a dedicated filing cabinet!

New Additions: Ripple Impact and Other Thrillers

On August 19, Ripple burst onto the scene with their fresh trademark application titled “Ripple Impact.” Sounds uplifting, right? This one intends to cover categories related to charitable foundation services, including raising funds and improving capital. Who knew cryptocurrency could have a heart?

More Than Just A Name

But hold on, there’s more! Just days earlier, on August 11, Ripple submitted a trio of trademark applications under the names Ripple Impact, Ripple X, and Ripplex. These names aim to carve a niche in the electronic payment services industry, focusing on monetary transactions in both fiat and virtual currencies.

  • Ripple Impact: Charitable foundation services
  • Ripple X: Electronic payment innovation
  • Ripplex: Fiats and virtual currencies exchange

Awaiting the USPTO’s Nod

As of now, all four of Ripple’s trademark applications are patiently waiting for the USPTO’s seal of approval. It’s like standing in line at the DMV, but with significantly more potential profit and fewer forms to fill out!

The Ongoing Saga of ODL

Earlier in the year, Ripple also filed for trademarks concerned with their flagship payment service—On-Demand Liquidity (ODL). According to the records, these applications haven’t just disappeared into the abyss; they’ve been accepted and are now in the hands of a diligent examiner. Hopefully, they’ll have better luck than getting lost in the paperwork shuffle!

PayID: The Legal Tightrope

Ripple’s trademark escapade doesn’t stop there—with their PayID filings still causing waves. The trademark name became the center of attention when a banking consortium in Australia threw a legal wrench into the works, alleging that Ripple’s usage of the branding violated their interbank payments network’s intellectual property. So, not only is Ripple juggling trademark applications, but they’re also navigating through some choppy legal waters.

With these developments, Ripple is clearly not just playing poker with their cards close to their chest. They are charging ahead in the trademark race while managing to keep an eye on the court case that threatens to bring an unexpected twist to their well-laid plans.

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