Uncategorized

Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

The variety of firms submitting emblems for nonfungible tokens (NFTs), metaverse-related digital items and providers, and cryptocurrencies has grown quickly in 2022. 

In accordance with information compiled by licensed trademark lawyer Mike Kondoudis, the variety of trademark functions filed for digital currencies, in addition to their associated items and providers, has reached 4,708 as of the top of October 2022 — surpassing the full quantity filed in 2021 (3,547).

The variety of trademark functions filed for the metaverse and its associated digital items and providers additionally soared to 4,997 from the 1,890 filed in 2021. This appears to counsel an enormous urge for food for the metaverse and its associated merchandise, regardless of the setbacks the ecosystem has confronted in changing into totally useful.

The need for NFTs as a know-how nonetheless seems to be on the rise, regardless of a recorded decline in NFT buying and selling quantity and gross sales. In accordance with Kondoudis’ statistics, the full variety of trademark functions for NFTs and their associated merchandise elevated from 2,142 in 2021 to six,855 as of October 2022.

Associated: What stays within the NFT market now that the mud has settled?

Throughout the previous month, plenty of firms have filed recent trademark functions to hitch the Web3 ecosystem. On Oct. 21, make-up and beauty big Ulta filed a trademark utility for plans to incorporate NFTs and digital make-up and salon providers amongst its choices.

Luxurious watchmaker Rolex additionally filed a trademark utility with plans to convey NFTs, NFT-backed media, NFT marketplaces and a cryptocurrency trade to its empire.

Source link

Subscribe to our mailing list to receive new updates and special offers

We don’t spam! Read our [link]privacy policy[/link] for more info.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
You have not selected any currencies to display