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Baitty (OP)
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July 27, 2014, 08:05:47 PM |
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http://www.coindesk.com/kanye-west-sues-coinye-altcoin-oblivion/ Rapper Kanye West has managed to kill an altcoin named in his honour, six months after it was launched by a team of developers.
Called Coinye West, the altcoin was subsequently renamed Coinye in an attempt to continue its business activities even in the face of legal pressure.
The developers envisioned Coinye as a fun and simple altcoin for the hip-hop community, and even tweeted news about its development to the rapper in the hopes he would embrace the concept.
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Currently held as collateral by monbux
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Cryptopher
Legendary
 Offline
Activity: 1789
Merit: 1008
Keep it dense, yeah?
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July 27, 2014, 09:48:39 PM |
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Killed? I thought that it was already dead?
To be fair, that project was always going to get into legal troubles when it associated itself with Kanye.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT |
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cryptofan5
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July 28, 2014, 03:47:55 AM |
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Killed? I thought that it was already dead?
To be fair, that project was always going to get into legal troubles when it associated itself with Kanye.
First, it was already dead from the beginning. Second, the rapper probably did not understand the concept and did not want anything so weird to be associated with his name. :-) |
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ThomasCrowne
Full Member
Offline
Activity: 210
Merit: 100
★☆★ 777Coin - The Exciting Bitco
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July 28, 2014, 07:55:26 AM |
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Kanye's freaking music sucks anyway. Not to mention his attitude.
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DrG
Legendary
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Activity: 2086
Merit: 1035
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July 28, 2014, 11:20:24 AM |
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Imagine that - a coin representing a 1%er who thinks he's a 99%er failing.
"I'm sorry, but Cosbycoin had one of the best devs of all time!"
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escrow.dude
Member
Offline
Activity: 95
Merit: 10
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July 28, 2014, 11:29:54 AM |
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The altcoin was always stupid and it's only advantage was that it's name was catchy and was similar to a famous person.
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Baitty (OP)
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July 28, 2014, 11:32:01 AM |
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The altcoin was always stupid and it's only advantage was that it's name was catchy and was similar to a famous person.
I agree that the coin never had any potential but I just find it silly that kayne went that far. especially with his big ass lawyers which he paid millions for that which only took a week in trial. |
Currently held as collateral by monbux
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joshraban76
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July 28, 2014, 01:49:08 PM |
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This does not really shock me to be honest because of the name they used, anything that involved itself with the name Kanye West was always going to end up in a legal issue in the end even if it did take time. I personally though feel he really did take it a little too far when he did sue them.
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Brooker
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July 28, 2014, 02:00:28 PM |
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This does not really shock me to be honest because of the name they used, anything that involved itself with the name Kanye West was always going to end up in a legal issue in the end even if it did take time. I personally though feel he really did take it a little too far when he did sue them.
It didn't involve the name Kanye West. It was called Coinye West. It was a parody which is completely protected legally. The devs just obviously didn't have the balls to fight it which is a shame. |
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bitsmichel
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July 28, 2014, 03:04:23 PM |
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http://www.coindesk.com/kanye-west-sues-coinye-altcoin-oblivion/ Rapper Kanye West has managed to kill an altcoin named in his honour, six months after it was launched by a team of developers.
Called Coinye West, the altcoin was subsequently renamed Coinye in an attempt to continue its business activities even in the face of legal pressure.
The developers envisioned Coinye as a fun and simple altcoin for the hip-hop community, and even tweeted news about its development to the rapper in the hopes he would embrace the concept. Just another junk coin, nobody really loses - except the hiphop community and kayne himself. but, junk music too  |
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BTCat
Legendary
Offline
Activity: 1960
Merit: 1010
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July 28, 2014, 03:26:37 PM |
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How about Biebercoin BRC, chance to survive?
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bitsmichel
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July 28, 2014, 04:10:11 PM |
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How about Biebercoin BRC, chance to survive?
I think the guy is too full of himself to notice it, once his market department finds out they'll make a decision. Probably they would do the same as Kayne, but you never know. |
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cr1776
Legendary
Offline
Activity: 4032
Merit: 1299
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July 28, 2014, 04:35:48 PM |
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This does not really shock me to be honest because of the name they used, anything that involved itself with the name Kanye West was always going to end up in a legal issue in the end even if it did take time. I personally though feel he really did take it a little too far when he did sue them.
It didn't involve the name Kanye West. It was called Coinye West. It was a parody which is completely protected legally. The devs just obviously didn't have the balls to fight it which is a shame. It was probably a money issue vs a balls issue. Big law firm with lots of bucks vs a joke coin with none. :-) |
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acs267
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July 28, 2014, 04:52:54 PM |
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I love how Coindesk is always late.
I think this happened before July. Sort of old news. Anyway, they didn't even use his face for the logo. They used the Gay Fish.
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BTCat
Legendary
Offline
Activity: 1960
Merit: 1010
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July 28, 2014, 05:30:20 PM |
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How about Biebercoin BRC, chance to survive?
I think the guy is too full of himself to notice it, once his market department finds out they'll make a decision. Probably they would do the same as Kayne, but you never know. If biebercoin gets that much attention it will be huge marketing ... Think i'll buy a few |
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Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
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July 28, 2014, 06:03:48 PM |
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This does not really shock me to be honest because of the name they used, anything that involved itself with the name Kanye West was always going to end up in a legal issue in the end even if it did take time. I personally though feel he really did take it a little too far when he did sue them.
It didn't involve the name Kanye West. It was called Coinye West. It was a parody which is completely protected legally. The devs just obviously didn't have the balls to fight it which is a shame. have you seen the coin icon ? google search it right now.. that is a picture of him. soooo uhhhhh |
FUD first & ask questions later™ |
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acs267
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July 28, 2014, 06:20:21 PM |
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This does not really shock me to be honest because of the name they used, anything that involved itself with the name Kanye West was always going to end up in a legal issue in the end even if it did take time. I personally though feel he really did take it a little too far when he did sue them.
It didn't involve the name Kanye West. It was called Coinye West. It was a parody which is completely protected legally. The devs just obviously didn't have the balls to fight it which is a shame. have you seen the coin icon ? google search it right now.. that is a picture of him. soooo uhhhhh Nope. It's the Gayfish from South Park. Which is a parody of Kanye West, so, really, nope. |
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Zer0Sum
Legendary
Offline
Activity: 1588
Merit: 1000
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July 28, 2014, 07:04:07 PM |
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Does that mean I should dump my Peter Todd coins? Is Mr. Todd litigious?
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