Exclusive: blockchain.io replied to a complaint

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2 months ago
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The founders of Blockchain wallet (blockchain.com) recently accused blockchain.io (Paymium) in misleading rebranding.

Team of blockchain.io, their Head of Communication in particular, reached out to Future Times and elaborated on their side of the story:

Paymium, successfully operating a BTC/EUR crypto-fiat exchange since 2013 and serving 170,000 customers, is currently closing its private ICO to accelerate the rollout of Blockchain.io. The public sale for this new cryptocurrency exchange will start September 27. The domain name Blockchain.io was registered by Paymium way back in April 2012, and the Blockchain.io project launch was publicly advertised in the press months ago. 3 days before the beginning of the sale and a few weeks away from the official release of our platform, it is no surprise to us to be challenged by some potential competitors, for obvious reasons. We condemn this approach that doesn’t comply with the crypto-community values.

Moreover, Blockchain.io disputes the accusation of making false and misleading statements. What is at stake is the protection of our name, our reputation, and our loyal investors and customers. For these reasons, our lawyers will answer point by point the claims made.

As for our ICO, we already provided early investors with the alpha version of our platform which is ready to be launched just after the public sale in November. The name blockchain.io is the legal property of Paymium and the public sale will start as planned on September 27“.

The accusations of blockchain.com are mostly focused on the infringement associated with misleading investors and visual and conceptual similarities of the projects (for instance, logo, color scheme of the website etc).

Future Times is planning to collect additional information and interview Paymium CEO in order to clarify the situation as much as possible – so stay tuned for further updates.