This proposal is in context with Gavin Wood interview, 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-registered trademark for the word PARTYFY and the domain www.partyfy.eu (as well as .ee, .fi, .lt, and .lv). A representative from Polkadot will delegate a person to act on their behalf—a signer who will personally appear before a notary in Estonia for the transfer of ownership. Discussion here. Press release about trademark here.