Fun

DAO acquires rights to the image behind the Doge meme

News Feed - 2024-04-19 05:04:30

Turner Wright3 hours agoDAO acquires rights to the image behind the Doge memeIndividuals behind the project said by acquiring the license to the iconic Shiba Inu image, they hoped to “unify the whole Doge community.”808 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksOwn The Doge, the decentralized autonomous organization (DAO) associated with the Shiba Inu meme behind the Dogecoin (DOGE) token, announced that it had secured legal rights to the iconic image.


Speaking to Cointelegraph on April 17, Own The Doge project leaders John Monarch and ‘Tridog’ said they had negotiated a deal with Sato Atsuko, the owner of the 18-year-old Shiba Inu Kabosu that became popular for her confused expression while sitting on a couch. The group purchased exclusive licensing and rights for the Doge image, seemingly giving them control over merchandise and other uses for the meme in the crypto space.


“I think [the deal] unlocks a lot for corporations, where there’s confusion around copyright,” said Tridog.


Own The Doge said that with more clarity around the doge image copyright — which had seemingly been a free-for-all for years — there were opportunities for partnerships with big brands. The project said they reached out to Sato roughly three years ago and were able to negotiate a deal to purchase the rights to Kabosu’s image by working with legal experts in Japan and the United States.Source: Own the Doge


Working with Sato and others, the project has already released a documentary on the history of doge and the evolution of the image in and out of the crypto space. According to Tridog, the group was not “looking to enforce” its copyright claim on users and certain brands already using the image to spread its ‘doing only good everyday’ mantra.


“We want to unify the whole doge community,” said Monarch. “We feel like Dogecoin and a lot of the others, like NFT [nonfungible token] side of things, and people who are into memes and the Reddit world, have always kind of diverged [...] it’s all about bringing the tracks together under one cultural umbrella.”


Related:Coinbase to launch DOGE futures, says it ‘transcended’ meme origins


The basis for the Doge image dates back to 2010 when Sato took a casual picture of Kabosu sitting on a yellow sofa in her home in Japan. Monarch suggested he had been the first person to use the term ‘Doge’ on social media, eventually leading to additional memes, the Dogecoin token, and various crypto-themed merchandise.


Tridog said the purchase of the licensing rights likely wouldn’t impact the Dogecoin Foundation or the meme token, which continues to use the image. Kabosu will celebrate her 19th birthday on Nov. 2 at a celebration in Japan. Though old for a dog, she has some catching up to do: the world’s oldest Shiba Inu lived to be more than 26 years old.


Magazine:Real-life Doge at 18: Meme that’s going to the moon# Dogecoin# Law# Business# image# CopyrightsAdd reaction

News Feed

Morgan Stanley’s Bitcoin ETF push a ‘death wish,’ says former SEC official
Ciaran Lyons5 hours agoMorgan Stanley’s Bitcoin ETF push a ‘death wish,’ says former SEC officialFormer United States Securities and Exchange Commission official John Reed Stark believes Morgan Stanley’s Bitcoin
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid ex
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned
Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank
Nigerian Fintech Flutterwave Obtains Two Licenses From Rwandan Central Bank Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Ba
Kenyan Central Bank Raises Key Rate by 75 Basis Points
Kenyan Central Bank Raises Key Rate by 75 Basis Points The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis poi
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher As bitcoin is coasting along under the $20K region, the network’s ha
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City
Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City Bitfinex and Tether have been banned from ope
Felix Ng7 hours agoDecentralized exchanges a magnet for crypto wash traders: Solidus LabsToken deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus La
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan China has been confronted with multiple economic and financial problems this year amidst an ongoin
US Federal Court Rules NSA Mass Surveillance Illegal, Credits Edward Snowden
US Federal Court Rules NSA Mass Surveillance Illegal, Credits Edward SnowdenA federal appeals court has ruled that the U.S. National Security Agency (NSA) mass surveillance program
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has
Labour victory in UK elections renews crypto industry optimism
Robert D. Knight10 hours agoLabour victory in UK elections renews crypto industry optimismThe Labour Party has promised to make the UK “a global leader in tokenization.”1950 Total views2 Total sharesListen to article