Registering a seemingly generic domain before a matching trademark was used or registered might be a safe road to domain investing.
Banking colossus JPMorgan has applied for the registration of the mark IndexGPT, with an intent to use filing for the following services:
IndexGPT.com is listed for sale on Dan
- Advertising; marketing services; compiling, providing and updating an index of securities values; business consultation regarding securities investing
- Financial affairs; monetary affairs; financial information services provided on-line from a global computer network or a data network namely, providing financial data in the nature of financial indices; providing financial data and financial and investment indices; financial investment in the field of securities; funds investment; financial affairs and monetary affairs, namely, financial information and analysis services for securities investing
- Providing temporary use of on-line non-downloadable cloud computing software using artificial intelligence for use in computer software selection of financial securities and financial assets. Software as a service (SAAS) services featuring software using artificial intelligence for Generative Pre-trained Transformer models in the field of financial services. Providing consumer product information for the purpose of selecting artificial intelligence (AI) hardware and software to meet the consumer’s specifications; software as a service (SAAS) services featuring software for analyzing and selecting securities tailored to customer needs
Meanwhile, the domain name IndexGPT.com was registered in January and its owner has listed it for sale at Dan.com. A few months ago, the asking price was $68,000 dollars, with the current BIN being at $35,000 dollars.
Would JPMorgan pay a solid chunk of cash to secure this exact match .com domain name?
The term “GPT” is already a part of other trademarks, such as OpenAI’s GPT-3 registered mark, and there is a pending UDRP on the ChatGPT.com domain name. It might not be advisable to register domains that contain “GPT” as we have pointed out.
