Lionsgate Entertainment Files NFT-Focused Trademark Application
NFT
Lions Gate Leisure has indicated an curiosity in offering NFT-focused providers by way of a recently-filed trademark utility.
Prime American-Canadian leisure firm Lionsgate Leisure Company (Lionsgate) has filed a trademark utility with the USA Patent and Trademark Workplace (USPTO) for its enterprise identify Lionsgate with intentions to offer NFT-related and crypto buying and selling choices beneath the trademark.
The event was not too long ago disclosed by USPTO-licensed trademark legal professional and NFT fanatic Mike Kondoudis. In accordance with Kondoudis, Lionsgate seeks to supply providers bordering on a crypto buying and selling platform, NFTs, digital tokens, and digital items.
Lions Gate Leisure has filed a trademark utility for
▶️ LIONSGATE ◀️
claiming plans for:
✅ Crypto buying and selling software program
✅ Digital items
✅ NFTs
✅ Digital tokens#NFTs #Metaverse #Crypto #Cryptocurrency #Web3 #LionsGateEntertainment #Lionsgate pic.twitter.com/jROELDPOdL— Mike Kondoudis (@KondoudisLaw) November 28, 2022
The trademark utility with the serial quantity 97686763 was filed on November 21 with the USPTO and owned by Lions Gate Leisure Inc., per knowledge from a doc shared by Kondoudis.
Info from the doc additionally means that Lionsgate is seeking to present prospects with choices within the type of digital media, equivalent to digital artwork, digital tokens, non-fungible tokens (NFTs), and digital collectibles.
Moreover, the corporate plans to launch its digital foreign money change platform, which might be used for the creation, storage, monitoring, and processing of digital tokens, together with however not restricted to NFTs and digital collectibles.
Lionsgate additionally plans to supply merchandise bordering on digital currencies created utilizing blockchain expertise. As well as, the doc reveals that Lionsgate will present providers that might give prospects entry to downloadable digital avatars, skins, and characters.
Moreover, the agency can be trying into creating and presenting a multifaceted platform that can facilitate a number of providers referring to cryptocurrency and NFT buying and selling. These embody transactions carried out with digital collectibles, cryptocurrencies, digital arts, NFTs, and different digital tokens.
Lionsgate’s Growing Curiosity in Web3 and NFTs
Lionsgate’s latest trademark utility isn’t it’s first coping with the cryptocurrency scene.
Final month, Lionsgate partnered with Autograph and Web Sport because the corporations seemed to launch a brand new web3 expertise linked to Lionsgate’s horror TV collection SAW. Gamers are anticipated to outlive the horror web3 expertise to win prizes which embody a Mutant Ape NFT.
Moreover, in June, web3 recreation The Sandbox introduced a partnership with Lionsgate to leverage the highest leisure firm’s movie assortment in offering its prospects with movie-themed web3 locations within the Metaverse.
Being one of many main entities within the leisure trade, Lionsgate’s sustained involvement with the web3 and NFT scene is prone to drive extra consideration to the trade. Moreover, its latest trademark utility suggests an intention to dive instantly into the NFT scene.
Different Developments
Amid a surge in institutional adoption, the cryptocurrency and NFT scene has captured the eye of a number of high firms who wish to leverage the nascent blockchain expertise and its purposes as they keep forward of the curve.
There seems to be a surge of crypto-focused trademark purposes of late. The Crypto Primary has beforehand reported 4 purposes from high companies this month alone, together with Nissan, Rolex, the College of Alabama, and JPMorgan.
Kondoudis additionally disclosed that Mastercard not too long ago filed one other trademark utility for Mastercard Crypto Safe, beneath which the agency will present providers within the type of a transaction surveillance platform, cryptocurrency data provision, and danger evaluation.
