Will Marvel Comics Move Against Crypto Startup’s ‘Wacoinda’ Plan?

Marvel's Black Panther was a phenomenal hit, striking a chord with many viewers. It seems that even cryptocurrency enthusiasts have been inspired by the film, with an altcoin seemingly riffing off of the film. The question is, will Marvel approve?

Black Panther

Comic book titan Marvel Comics via their subsidiary Marvel Characters, Inc., filed a request with the U.S. Patent and Trademark Office (USPTO) on August 13 for an extension to decide whether the firm will oppose the trademark submissions for Wacoinda and the Wakanda Wine Fest.

The trademark submission for Wacoinda was filed by a firm called Wilsondom LLC. The Kentucky-based firm is also working on launching financial and educational services built around cryptocurrencies, legal information website Justia reveals.

Is A Fight Over Trademarks Upcoming?

WacoindaThe USPTO has approved the extension request, and now Marvel has until November 14 of this year to decide if they want to take legal action. Marvel has yet to respond to requests for a comment on the news.

Notably, the Wacoinda trademark, if approved by the USPTO, would be applied to financial education and economic empowerment initiatives aimed at the African-American community.

Wacoinda isn’t the only cryptocurrency-related project that the film has brought to life. In June of this year, Senegalese-American singer Akon announced his plans to launch his own cryptocurrency, dubbed AKOIN. The singer also stated he aims to build a “real-life Wakanda” in a city in Africa, as the coin’s site has called it.

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