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Unstop Domains promises “patent non-infringement pact” in Web3 domain name alliance

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It is reported that Unstop Domains promised to sign a \”patent non-infringement pact\” in the Web3 domain name alliance, which is composed of dozens of companies…

Unstop Domains promises patent non-infringement pact in Web3 domain name alliance

It is reported that Unstop Domains promised to sign a “patent non-infringement pact” in the Web3 domain name alliance, which is composed of dozens of companies providing naming services. Unstop Domains said that it would not enforce a key patent named “resolving blockchain domain” against other members of the industry organization of the Web3 domain name alliance. While announcing the patent commitment, Unstop Domains also revealed that another 52 projects have joined the Web3 domain name alliance, including the cryptocurrency exchange Blockchain.com and the NFT market Rarible, but at present the Ethereum Domain Name Service (ENS) has not joined. The chief developer of ENS expressed reservations about the decision of its competitors to open source code and domain name intellectual property.

Unstop Domains promised to sign the “Patent Non-infringement Treaty” in the Web3 Domain Name Alliance

Interpretation of the news:


Unstop Domains has made an announcement that it will sign a “patent non-infringement pact” in the Web3 domain name alliance, which comprises of several companies that provide naming services. The company has stated that it will not enforce a key patent called “resolving blockchain domain” against other members of the industry organization of the Web3 domain name alliance.

The announcement by Unstop Domains demonstrates the significance of patents in the world of domain names. Patents can often be a way for companies to protect their intellectual property and secure a competitive advantage in the market. However, in this case, Unstop Domains has taken a different approach by promising not to enforce its patent against its competitors, thereby promoting collaboration and industry cooperation.

Moreover, Unstop Domains has stated that another 52 projects have joined the Web3 domain name alliance, which includes popular companies such as Blockchain.com and Rarible. However, the Ethereum Domain Name Service (ENS) has not joined the alliance. The chief developer of ENS has expressed doubt, and reservations about the decision of its competitors to open-source code and domain name intellectual property. This statement underlines the inherent tension between competition and cooperation in the world of intellectual property and domain names.

In conclusion, Unstop Domains has made a significant announcement by promising a “patent non-infringement pact” in the Web3 domain name alliance. This move highlights the importance of collaboration and industry cooperation over competition, which can benefit the industry as a whole. However, it also underlines the inherent tension between competition and cooperation in the realm of intellectual property and domain names.

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