Major companies in various fields are seeking to acquire brands in Web 3.0 with the start of 2023
Despite the downturn in related markets, multinational corporations do not seem to be slowing down in applying for their trademarks in the world of Web 3.0, NFTs, Metaverses, AI and cryptocurrencies.
February, now drawing to a close, saw companies such as General Motors, Lacoste and Walmart carve out their own territory with trademark applications in the Web3 space, but January was even busier.
This was one of the most recent requests submitted in the world of non-fungible codes, belonging to the giant company in the world of cars, General Motors, which Submitted Recently, on February 16th, the application included the two brands Chevrolet and Cadillac.
According to the application, the company is interested in downloadable digital media containing collectible works, along with text, audio, and video that are certified as non-fungible tokens.
GM has filed a pair of new applications to trademark:
The applications cover NFT-authenticated media files.#NFTs #Web3 #GM #Chevy #Cadillac pic.twitter.com/otf2PNH3fP
— Mike Kondoudis (@KondoudisLaw) February 21, 2023
On the 17th of February, Submitted French clothing giant Lacoste has submitted five applications for the “CHAMPS-ELYSEES” trademark. The applications include plans for non-fungible tokens, crypto transaction software, virtual clothing, virtual goods stores, and virtual real estate services.
Furthermore, USPTO-licensed trademark attorney Mike Kondoudis posted on Twitter that the US multinational retailer Wal-Mart has filed several applications for the “SamsClub” trademark name and logo.
as may included The order the retail giant submitted plans include non-fungible tokens, blockchain software, healthcare in virtual reality, cryptocurrency trading, brokerage and financial services.
January was no different, as many applications were filed for trademarks in the web 3.0 space, non-fungible tokens, metaverses, artificial intelligence, and cryptocurrencies by companies such as pet food company Pedigree, insurance company Nationwide, and Distillery. Irishman Jameson, and French fashion giant Yves Saint-Laurent, along with the National Geographic Society, among many others.
Related articles: Keep an eye out for major company NFT trademark filings this year
Speaking to Cointelegraph last month, Kondoudis said that the trademark applications are “reliable indications that indicate the trademarks future plans to use the products and services included in the applications.”
Despite the bear market, There were a record number of trademark applications To enter the world of non-fungible tokens, metaverses, and crypto-related products in 2022, an intellectual property lawyer points out.