Even in 2023, Companies Are Still Registering Web 3.0 Trademarks
Trademark registration in the Web 3.0 space has not slowed down; on the contrary, more and more traditional companies are looking to enter the space. Recent filings include companies in the automotive, apparel and consumer goods industries.
Although there has been a decline in the number of registered trademarks in related markets, in the Web 3.0, cryptocurrency, NFT and metaverse markets, multinational corporations do not appear to be slowing down in terms of the number of trademark filings.
In February, companies such as General Motors, Lacoste and US discount goods chain Walmart filed for Web 3.0-related trademarks. January was even busier in terms of registrations.
Among the latest NFT-related applications is car company, General Motors. The company filed two trademark applications on 16 February, covering their Chevrolet and Cadillac brands.
Based on the filing, it is clear that the company is interested in downloadable digital media files that will include collectible artwork, text, audio and video, all created as NFTs to authenticate the product.
Just one day later, on February 17, French clothing mega-company Lacoste filed a total of five applications for the "CHAMPS-ELYSEES" trademark. The application includes detailed plans for NFTs, software for cryptographic transactions, virtual clothing, virtual goods stores and virtual real estate services.
In early February, a tweet from USPTO licensed attorney Mike Kondoudis reported that US multinational retail corporation Walmart had filed a trademark application for the name and logo "SamsClub.'' Walmart said in a statement that it plans to launch NFTs, blockchain software, VR healthcare, cryptocurrency stores, brokerage and financial services.
A number of trademark applications related to Web 3.0, the metaverse and cryptocurrencies were also filed in January. Companies that filed in January include pet food company Pedigree, Nationwide building insurance company, Irish whiskey giant Jameson, fashion firm Yves Saint Laurent, and even the non-profit educational institution, National Geographic Society.
The filing of so many trademarks by such large companies across so many industries bodes well for the future of Web 3.0 and the technologies associated with it, because companies won’t want to be left behind when the technology is ubiquitous.
Despite the still ongoing bear market, a record number of trademark applications were filed in 2022 for NFTs, metaverse and overall cryptocurrency-related products, according to one intellectual property lawyer.
Source: cointelegraph.com
analyst opinion
Jakub Odvářka
Although there has been a decline in the number of registered trademarks in related markets, in the Web 3.0, cryptocurrency, NFT and metaverse markets, multinational corporations do not appear to be slowing down in terms of the number of trademark filings.
In February, companies such as General Motors, Lacoste and US discount goods chain Walmart filed for Web 3.0-related trademarks. January was even busier in terms of registrations.
Among the latest NFT-related applications is car company, General Motors. The company filed two trademark applications on 16 February, covering their Chevrolet and Cadillac brands.
Based on the filing, it is clear that the company is interested in downloadable digital media files that will include collectible artwork, text, audio and video, all created as NFTs to authenticate the product.
Just one day later, on February 17, French clothing mega-company Lacoste filed a total of five applications for the "CHAMPS-ELYSEES" trademark. The application includes detailed plans for NFTs, software for cryptographic transactions, virtual clothing, virtual goods stores and virtual real estate services.
In early February, a tweet from USPTO licensed attorney Mike Kondoudis reported that US multinational retail corporation Walmart had filed a trademark application for the name and logo "SamsClub.'' Walmart said in a statement that it plans to launch NFTs, blockchain software, VR healthcare, cryptocurrency stores, brokerage and financial services.
A number of trademark applications related to Web 3.0, the metaverse and cryptocurrencies were also filed in January. Companies that filed in January include pet food company Pedigree, Nationwide building insurance company, Irish whiskey giant Jameson, fashion firm Yves Saint Laurent, and even the non-profit educational institution, National Geographic Society.
The filing of so many trademarks by such large companies across so many industries bodes well for the future of Web 3.0 and the technologies associated with it, because companies won’t want to be left behind when the technology is ubiquitous.
Despite the still ongoing bear market, a record number of trademark applications were filed in 2022 for NFTs, metaverse and overall cryptocurrency-related products, according to one intellectual property lawyer.
Source: cointelegraph.com
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