This will certainly impress the regulators.
Well then, carpe diem, or whatever ...
Topic: Ahead of the launch, Libra changed its name - page 3. (Read 620 times)
With all the negative coverage of Libra in recent years, it's not that surprising that they have changed the name.
This will certainly impress the regulators.
Well then, carpe diem, or whatever ...
This will certainly impress the regulators.
Well then, carpe diem, or whatever ...
I see the rebranding simply money thrown out of the window. People know about "Facebook's coin", no matter how it's called.
Maybe they had some discussion with other businesses with Libra name (there's at least a Libra Bank), but still "libra" is a common Latin word, hence not copyrighted.
Strange decision...
Maybe they had some discussion with other businesses with Libra name (there's at least a Libra Bank), but still "libra" is a common Latin word, hence not copyrighted.
Strange decision...
I think this will not make any difference, because for me name doesn't matter,
but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
They hope by changing name it will be regulated, even though I think it is not certain it will be realized. The Libra team is already loss for thinking about how regulators will accept them, the launch is scheduled for January 2021, Let's see if after becoming DIEM the regulator will accept them in January, wait and see.but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
I dont see changing name could change the regulators decision. Maybe they change the name for some another reasons
..who want to invest..
Whats there to invest, its a stablecoin. Pay dollar to get a dollar worth of whatever stablecoin, minus fee's, same in reverse.
Outright scary if the world is in such bad shape where people “invest” 1 dollar to get guaranteed 0.98 or less back
I wonder what is the main reason for these sudden changes before the launch, Maybe they are doing some strategies which they are the only one who knows about it. Anyway, there's nothing to worry about these changes because Libra came from a trusted source and those companies who backed it up are some giant companies out there. Therefore, those who wanted to invest need to read and look for their roadmaps to clarify the changes or for not to miss anything important in these update.
I hope it would be a blockchain based coin atleast because most of the features seem to be compromised already as a result of pressures from regulatory authorities and US government. If this stablecoin will not be linked to fb or whatsapp it could be a major setback for their investors and community.
Why did they change the name? In my opinion, using the name Libra looks really good because everyone already knows that Libra is coming, but changing the name will make Libra have to reintroduce and convince everyone that Libra really changed its name to Diem, so that people who want to invest in the Libra project don't think bad about this name change going forward.
It's more of a marketing strategy, they had legal problems with the first brand name.
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
In each of these cases, the new brand name was chosen in accordance with the development goals. The same thing happened with Libra, whose name change is explained by the fact that "Diem" - means a new day for the project. But I still have a question: why did the Association leave the same logo when changing its name?
They are rebranding maybe to hype up the release again. I mean Libra is already a hot topic a year ago but right now it's just not even becoming our concern instead we focuses more on paypal and visa nowadays which about to adopt cryptocurrency. Therefore, they decide to rebrand . Though Diem or Libra doesn't really matter in my opinion. What matters most is how they operate or what they really offer.
What was the reasoning behind the original name Libra anyway? I always saw Libra as the scales,,, so that is balance or justice, which I totally never got as a concept for an unfair brand to take advantage of its people with fees;)
Sometimes I get paid and in my receipt it says "per diem" which means "for each day". Maybe this is Facebook for daily payments who knows?
Sometimes I get paid and in my receipt it says "per diem" which means "for each day". Maybe this is Facebook for daily payments who knows?
It's more of a marketing strategy, they had legal problems with the first brand name.
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
I am very excited about this project, but it seems the name of the project has changed and I do not understand why. They are really a big project of this market, the things you mentioned I think they need to calculate and prepare for it. It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
It's more of a marketing strategy, they had legal problems with the first brand name.
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
That doesn't make sense to see that. Can we expect libra will erase all of bad images when it was rebranding its name to the diem? People are knowing it correctly. The government and central banks who have been banning libra know surely about this too. I think that will not give an impact to the libra's reputation. It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
Maybe people just know if libra was a dead project and that's why they were rebranding it to the new name. people will know that as a new project.
It's more of a marketing strategy, they had legal problems with the first brand name.
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
It is not a mystery, it has already happened in the past with several brands.
Link: https://www.mentalfloss.com/article/503464/15-companies-changed-their-names
Now the name turned into Diem, hmmm???even they change the name but the system, concept, still the same I think
nothings gonna change for what happen before they launch their token(LIBRA). But of course, still lets wait and see who knows
there is something new things happen anyway in the end.
nothings gonna change for what happen before they launch their token(LIBRA). But of course, still lets wait and see who knows
there is something new things happen anyway in the end.
I think this will not make any difference, because for me name doesn't matter,
but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
They hope by changing name it will be regulated, even though I think it is not certain it will be realized. The Libra team is already loss for thinking about how regulators will accept them, the launch is scheduled for January 2021, Let's see if after becoming DIEM the regulator will accept them in January, wait and see. but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
This change in name is still a mistery to me.
They say they want a new beginning and a *fresh* name can give them a new start. Things haven't been so good for Libra's team due to politicians and regulators making a lot of pressure over project's partners since 2019, when it started. So much pressure resulted in partners Paypal and Visa leaving the project.
Probably many other partners Libra's team was counting on also fled and it made them rethink the name as a marketing strategy to mask the initial failure.
Well, at least that is what they say, although I'm not sure if that is the truth.
https://fortune.com/2020/12/01/facebook-libra-association-name-diem/
They say they want a new beginning and a *fresh* name can give them a new start. Things haven't been so good for Libra's team due to politicians and regulators making a lot of pressure over project's partners since 2019, when it started. So much pressure resulted in partners Paypal and Visa leaving the project.
Probably many other partners Libra's team was counting on also fled and it made them rethink the name as a marketing strategy to mask the initial failure.
Well, at least that is what they say, although I'm not sure if that is the truth.
https://fortune.com/2020/12/01/facebook-libra-association-name-diem/
On December 1, the Libra Association announced a change in its name. The campaign now has the name " Diem». https://twitter.com/DiemAssociation/status/1333790806314926089 Also when going to the address https://libra.org, redirects to a new address https://www.diem.com The campaign logo remains the same.
https://www.diem.com/en-us/updates/diem-association/
I understand this was done so that the negative that preceded the launch of Libra was not transferred to the project that is being launched in January. How do you explain the reason for this rebranding?
I think they are rebranding and changing the way libra was planned because of pressure from regulators and looks like Diem will just be another stablecoin backed by fiat usd so obviously the hype will reduce now. https://www.diem.com/en-us/updates/diem-association/
I understand this was done so that the negative that preceded the launch of Libra was not transferred to the project that is being launched in January. How do you explain the reason for this rebranding?
I think this will not make any difference, because for me name doesn't matter,
but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
but maybe the libra team have some specific reason for this change and hopefully this new name will bring something good for this project
On December 1, the Libra Association announced a change in its name. The campaign now has the name " Diem». https://twitter.com/DiemAssociation/status/1333790806314926089 Also when going to the address https://libra.org, redirects to a new address https://www.diem.com The campaign logo remains the same.
https://www.diem.com/en-us/updates/diem-association/
I understand this was done so that the negative that preceded the launch of Libra was not transferred to the project that is being launched in January. How do you explain the reason for this rebranding?
https://www.diem.com/en-us/updates/diem-association/
I understand this was done so that the negative that preceded the launch of Libra was not transferred to the project that is being launched in January. How do you explain the reason for this rebranding?
Well, Libra name was widely spread negativly, and anyone who was even a tiny bit in crypto heard about it.
This however, wasn't broadcasted so much so many people will not know it's association with libra. Good move? We'll see
In any case, changing the name of the project and the coin itself two months before the official release will not contribute to the growth of its image. There will be Diem, backed by a dollar, and perhaps not directly related to the social network Facebook, because US regulators insisted on it. We will see soon what kind of stablecoin it will be and how it will differ from other stablecoins. I don't expect anything special from her anymore.
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