Neiro IP Sparks Debate as Doge Community Tackles Ownership of Meme Tokens

The digital landscape of memecoins is facing a pivotal moment as Own The Doge DAO, a collective holding the IP rights to the original “Doge” meme, announced its acquisition of Neiro’s intellectual property (IP). The DAO, which recently secured the rights to use images of Neiro—the shiba inu adopted by Kabosu’s owner—has initiated discussions to determine which NEIRO token best represents the new Doge figurehead.

The Neiro IP and Its Growing Significance

Own The Doge DAO broke the news on X (formerly Twitter), stating:

“@kabosumama has officially granted our DAO the Neiro IP. With numerous tokens vying for legitimacy, it’s time for the Doge community to decide the ‘real’ Neiro.”

The DAO plans to involve the broader community in discussions, allowing DOG token holders to vote on an on-chain proposal to resolve the debate.

This development stems from the July adoption of Neiro, following Kabosu’s passing. The announcement spurred the creation of several NEIRO tokens on platforms like Ethereum and Solana, two of which have since amassed significant market capitalizations.

However, Kabosu’s human owner, Atsuko Sato, has clarified her position:

“I do not endorse any crypto project except @ownthedog $dog because they own the original Doge photo and IP. Please watch out for token scams.”

Community Perspectives and Token Rivalries

The Neiro IP discussion has ignited passionate responses from various token teams. For example, @Neirowoof, creators of the first NEIRO token, argued:

“Being the first Neiro means something special. We are the true Sister of DOGE and Guardians of Kabosu’s Legacy.”

Other teams have also presented their cases, further dividing the community. The ongoing deliberations may influence the future of IP-backed memecoins, an increasingly important topic as legal scrutiny in the space intensifies.

Legal Risks for IP-Backed Memecoins

Memecoins leveraging intellectual property are now under the microscope. Recent examples highlight the risks:

• PNUT Token: The owner of “Peanut the Squirrel” issued a cease-and-desist letter to Binance, claiming trademark infringement.
• ChillGuy (CHILLGUY): A popular memecoin facing legal challenges despite significant trading volume.

Tokens that fail to secure IP rights are vulnerable to lawsuits, posing risks to their long-term viability.

What Lies Ahead for Neiro and Memecoins?

The Neiro IP debate marks a turning point for memecoin projects. As IP-backed tokens gain prominence, the community’s decision will likely set a precedent for how intellectual property rights are respected in the crypto world.

Whether Neiro tokens can avoid legal pitfalls depends on the resolution of the DAO-led discussions and whether they uphold the principles of Doge culture—collaboration, humor, and charity.