Share this article
CryptoKitties Developer Dapper Labs Blocks Token Project From Using 'Flow' Name
Flow is also the name of Dapper Labs' blockchain.
Updated Sep 14, 2021, 12:23 p.m. Published Mar 10, 2021, 12:47 p.m.
Make us preferred on Google
Dapper Labs, the blockchain game developer responsible for CryptoKitties, has persuaded a federal court to bar a token project from using the name "flow."
STORY CONTINUES BELOW
- The U.S. District Court for the Southern District of New York's order filed Monday prohibits the Flow Protocol from using the word "flow" in connection with the sale and marketing of its native token.
- The order includes the use of FLOW as the token's ticker symbol or in its domain name <flowprotocol.io>, authority for which transfers to Dapper Labs.
- Flow is also the name of the blockchain Dapper Labs launched in 2020.
- The court had previously issued a temporary restraining order restricting the defendants use of the word, which expired March 5.
- Along with CryptoKitties, Dapper Labs is also behind the digital collectibles platform NBA Top Shot, which allows user to collect and trade in-game "moments."
See also: Dapper Labs Raises $18M in Token Sale for NFT-Centric Flow Blockchain
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Crypto faces fork in the road as Clarity Act support wavers, Bitwise says
The asset manager argued that without federal legislation, the industry has three years to become indispensable before political winds potentially shift.
What to know:
- Bitwise said in a blog post Monday that Polymarket odds for the Clarity Act have fallen from 80% to 50% following industry pushback.
- If the bill fails, Bitwise believes crypto must achieve mass adoption in stablecoins and tokenization to force a regulatory hand.
- The firm anticipates a sharp rally upon the bill's passage, while a failure would likely lead to a "slower ascent" tied to proven utility.
Top Stories
