Coinbase Won't Patent "BUIDL" Word

The most obvious reason for the withdrawal of the application was the criticism that Coinbase underwent on the web
20 December 2018   1370

California-based Coinbase no longer claims a patent for the BUIDL trademark, it follows from the updated application status on the website of the United States Patent and Trademark Office.

As stated in the accompanying comment, the application was withdrawn at the request of the applicant.

The most obvious reason for the withdrawal of the application was the criticism that Coinbase underwent on social networks after it became aware of the company's plans to patent this term earlier this month.

The term “buidl”, popular in the cryptocurrency community, is derived from the word “build”. This word is formed by analogy with the term “hodl”, meaning long-term investment in digital assets. BUIDL implies the creation and development of new blockchain products, and not just storage of cryptoactive assets.

The application clarified that the term "BUIDL" refers to software using the SaaS model (software as a service), which provides the tools "to carry out transactions using virtual currency".

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1020

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.