The Tolkien estate has smote JRR Token — but the NFTs persist
It seems our prediction that a Lord of the Rings-themed “JRR Token” cryptocurrency was destined for the fires of Mount Doom was accurate — the World Intellectual Property Organization (or WIPO) has declared that it violated a trademark belonging to the estate of author J.R.R. Tolkien, and ordered that one of the project’s web domains be transferred to that estate (via the Financial Times).
If you’re unfamiliar with JRR Token (not Tolkien), here’s the lore — it was a cryptocurrency project that drew heavy inspiration from The Lord of the Rings. Its tagline was “The One Token That Rules Them All,” its website featured Tolkien-esque imagery of rolling hills and wizards, and there was even a promotional video featuring an actor from the…