<p>This proposal is in context with Gavin Wood <a href="https://www.youtube.com/watch?v=RvbsSq1a_8g&amp;t=5598s">interview</a>, where he suggested that Polkadot should invest in assets outside Polkadot ecosystem or blockchains for diversification. When this proposal passes, Polkadot will acquire the legal entity currently holding the EU-<a href="https://euipo.europa.eu/eSearch/#details/trademarks/018999388">registered</a> trademark for the word <strong>PARTYFY</strong> and the domain <a href="http://www.partyfy.eu">www.partyfy.eu</a> (as well as .ee, .fi, .lt, and .lv). A representative from Polkadot will delegate a person to act on their behalf&mdash;a signer who will personally appear before a notary in Estonia for the transfer of ownership. Discussion <a href="2385">here</a>. Press release about trademark <a href="https://finance.yahoo.com/news/partyfy-eu-secures-trademark-partyfy-092400487.html?guccounter=2">here</a>.</p>

- **Problem Statement:** Polkadot considering diversifying investments beyond its ecosystem.
- **Significance:** Acquiring the PARTYFY trademark and domains for diversification.
- **Proposed Solution:** Acquire the legal entity holding the PARTYFY trademark and domains.
- **Expected Outcomes:** Diversification of Polkadot's investments and assets.

#1038 To acquire Partyfy trademark

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