Josh Garza emailed me back and I am trying my best to discuss options.
Sadly, we lost the little leverage I thought we had.
I received a letter from the US trademark office denying my protest for Garza's PayCoin trademark stating that "first use" or "prior art" does not apply to trademarks.
So it appears Garza was right when he said the trademark was gonna be his. Well, he said it was already his. lol
At any rate, I also spoke with an expert at the trademark office as well and she told me exactly the same thing.
Prior art applies ONLY to patents, NOT trademarks so we have no case as far as the trademark office system is concerned.
At this point we can only hope for some goodwill from Mr. Garza.
Don't dump your coins out of desperation - if I cannot work out a buyout deal then we will relaunch and I will put together a dev team to relaunch a better coin, with more features and less dilution so everyone should be able to come out ahead, holding a Better coins worth more than what they had prior to Garza launching XPY, with the exception of the coin name, of course, which did nothing for the coin until Garza took his public.
If we don't have a case then anything devs do on this coin to fight Garza could result in a lawsuit when Garxa actually gets the trademark. I would rather solve this the easy way if possible.
I hit Garza hard and fast initially, and frankly, I was an asshole cause I thought we had a clear cut case of prior art.
If anyone wants to file another protest with the trademark office to verify that what I am saying is true then please feel free to do so - it only takes about 10 minutes and you'll get a denial letter in a week.
Mr garza is speaking to me so that's a good sign. I am hopeful something will be worked out, at least help the PYC community with developing and relaunching a revised [and improved] PYC replacement.
Best regards...
Where is the dev for pyc paycoin? I didnt know that a person owned any of the crypto coins completely, so I don't know how one person can go and get a trademark for the name of a cryptocoin when they do not own it. even devs may be replaceable, and once they release the coin to the rest of the world, they don't really seem to own it anymore. I don't know if the guy can get a trademark for that. maybe if he was king or ruler or president, but not a common man owning the trademark to a currency name. (does anyone have the trademark to the word 'bitcoin' ? ). and if there was these kinds of issues right from the beginning bitcoin would have been doomed
By the way,
has anyone thought about starting a new thread, and make it self-moderated, and don't allow any discussion of this copycat paycoin into the new thread(but maybe start a separate thread for that specific purpose, that way keeping the main thread clean). Also, the title of this thread is about a hard fork coming soon, not the best advertising for a coin, so why not start a new main thread and lock this one?
\\~basically we have a deal worked out with Josh Garza since he swiftly lifted the name "paycoin" without properly checking out with us he agreed to pay(lol) a certain amount of the new paycoins equating to about 100BTC ..problem is he only delivered 25% of said amount, and his coin has been dropping in price...so now it's back to the drawing board for team pyc,,,meh
zzz