FACENT Trademark

Trademark Facts

Goods & Services

A decentralized, tokenized store of wealth that acts as a payment medium from one party to another without the intermediation of financial institutions using blockchain technology, namely, asset-referenced fungible digital tokens that maintain a stable value by referring to the value of a non-fungible physical commodity, namely an entrusted and diverse pool of fully cut and raw natural diamonds, and are exchangeable for the non-fungible physical commodity using blockchain technology and asset-referenced tokens designed to be non-native, fully reserved tokenized representative monetary units supported by, and exchangeable into, an entrusted, ring-fenced, transparent, and diverse pool of fully cut, raw, natural, ethically sourced diamonds held in a secure facility using blockchain technology; Recorded computer software for transacting with smart contracts, exchanges, decentralized exchanges and decentralized finance (DeFi) protocols, namely, recorded computer software for creating and issuing asset-referenced fungible digital tokens that maintain a stable value by referring to the value of a non-fungible physical commodity, namely an entrusted and diverse pool of fully cut and raw natural diamonds using blockchain technology, and for managing and verifying transactions for exchanging the asset-referenced fungible digital asset for the non-fungible physical commodity using blockchain technology; Recorded computer software for emulating and reflecting the volume of natural, certified diamonds bought and sold globally at retail and to reflect the value of each diamond and to fix such values on the blockchain.

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