Regardless of a broader downturn in associated markets, multinational companies don’t seem to have slowed down on their trademark functions overlaying Web3, crypto, nonfungible tokens (NFTs), and the Metaverse.
The month of February — now drawing to a detailed — noticed the likes of Basic Motors and Lacoste, and Walmart making their territory with Web3-related trademark functions. January was a good busier month.
One of many newest NFT-related filings concerned automotive big Basic Motors, which filed for 2 new trademark functions on Feb. 16 overlaying its Chevrolet and Cadillac manufacturers.
Based on the submitting, the agency is concerned about downloadable digital media information containing collectible paintings, textual content, audio, and video, authenticated as non-fungible tokens (NFTs).
GM has filed a pair of recent functions to trademark:
Chevrolet
CadillacThe functions cowl NFT-authenticated media information.#NFTs #Web3 #GM #Chevy #Cadillac pic.twitter.com/otf2PNH3fP
— Mike Kondoudis (@KondoudisLaw) February 21, 2023
A day in a while Feb. 17, French clothes big, Lacoste filed 5 trademark functions for “CHAMPS-ELYSEES”. The functions element plans for NFTs, crypto transaction software program, digital clothes, shops for digital items, and digital actual property companies.
In early February, USPTO licensed trademark lawyer Mike Kondoudis shared on Twitter that American multinational retail company Walmart had filed trademark functions for the “SamsClub” title and emblem.
The retail big claimed plans for NFTs, blockchain software program, digital actuality healthcare, cryptocurrency buying and selling, brokerage, and monetary companies.
January was no completely different with Web3, NFT, Metaverse and crypto-related trademark functions filed by pet meals agency Pedigree, Nationwide insurance coverage firm, Irish distillers Jameson, French style big Yves Saint-Laurent, and even the Nationwide Geographic Society, amongst others.
Associated: Hold an eye fixed out for main firm NFT trademark filings this yr
Talking to Cointelegraph final month, Kondoudis mentioned that trademark filings are “dependable indicators of future plans to make use of marks for the services listed within the functions.”
Moreover, regardless of the bear market, there have been document numbers of trademark functions for NFTs, Metaverse, and crypto-related patents in 2022, the mental property lawyer famous.