With Black Panther having such a huge box office, it’s learned that apparently the cryptocurrency enthusiasts are trying to capitalize on the movie with the Wacoinda coin, which of course is unrelated to Marvel, Disney or the fictional city found in the film, Wakanda.
Wilsondom LLC applied for a trademark for “Wacoinda” in February, but Marvel took notice and requested an extension from the U.S. Patent and Trademark Office in order to determine if Wacoinda viloates its own trademark and brand.
The U.S. Patent and Trademark Office has approved the extension, and now Marvel has until November 14 to decide if it wants to continue with legal action.
Obviously, the thought is that Marvel may feel Wacoinda infringes on Black Panther and Wakanda as fans may mistake the Wacoinda coin for something reated to the Marvel characters and films.
It’s learned that the term “Wacoinda” actually did come about as a result of the release of the Black Panther movie, as a member of the “Black Coin Group” on Facebook came up with the term as a direct result of Wakanda and Black Panther.
“My name is Lamar Wilson. I am the CEO / CTO of Hirjo, and I am also one of the many founders of Wacoinda,” Wilson said in an interview posted to YouTube recently. “Wacoinda is a group that was started on Facebook, probably in January, January the 17th, and it was called the Black Coin Group. After the movie Black Panther came out somebody came in the group and was like ‘Welcome to Wacoinda,’ and we all laughed at it and changed the name to it. So it was really cool.”
In a separate case, Marvel might also be contesting a trademark for the “Wakanda Wine Fest,” described as a “charitable donation services, namely, providing educational special events, seminars, workshops in the field of wine.”
Cryptocurrencies such as Bitcoin and LiteCoin have been all the rage over the past year or so as prices have at times skyrocketed; Wacoinda would be considered an altcoin.
Disney recently announced that Black Panther became the third movie ever to reach $700 million domestically in the U.S. and is currently the #2 movie of the year, only trailing behind The Avengers: Infinity War.
