
A controversy has emerged surrounding the ownership of the official token rights for the Neiro memecoin. The situation is complex and has raised significant concerns within the cryptocurrency community.
As reported earlier, Atsuko Sato, the owner of Kabosu’s account, transferred the intellectual property (IP) rights to the Own the Doge DAO. This move was meant to secure official recognition for the token. However, it seems that this decision may not be without its challenges.
The situation is further complicated by a recent letter sent by Peanut the Squirrel creator Mark Longo to Binance, accusing them of using his trademark without permission. This has sparked heated debates regarding the legitimacy and legal rights of all memecoins.
Given the massive investment in these meme-based currencies, any news that disrupts this momentum can have significant consequences. It is crucial to monitor developments in this “digital dog war” to see how it shapes the future of the industry.
As a result, there are concerns about who will own the official token rights for Neiro memecoin.
Source: coinpedia.org