The well-known condom manufacturer Durex has submitted an application for a trademark, which indicates that the corporation may soon enter the metaverse and the NFT industry.
Mike Kondoudis, a licensed trademark attorney at the United States Patent and Trademark Office (USPTO), tweeted on July 29, 2022, that the proprietor of Durex has filed a trademark application combining NFTs and cryptocurrencies.
When or how exactly Durex will make its initial entrance into the metaverse and the NFT sector is something that the company has not yet disclosed in any specific detail. The company’s patent application, on the other hand, detailed parts of cryptocurrency mining, virtual condoms, cryptocurrencies, non-fungible tokens (NFTs), downloadable media files, and financial services using cryptocurrencies.
In recent weeks and months, there has been a rise in the level of interest shown in the metaverse by businesses of a medium and big scale. More than 3,300 patents associated with the metaverse have been registered with the USPTO by brands from around the world as of this point in 2022.
NIKE, Stella Artois, Gucci, and Louis Vuitton are some of the most well-known firms in the world, and all of them have taken active measures toward expanding their presence in the metaverse
The XFL, a minor professional football league in the United States, has submitted a trademark application for the word “XFL,” signaling that it has aspirations to enter the metaverse and the realm of non-fungible tokens. This news comes after the XFL filed the application for the name “XFL” (NFTs).
The company wants to include an NFT marketplace, virtual goods, and experiences in its future plans, according to its trademark application. The company will offer these.
The Professional Golfers Association of America (PGA), which is completing agreements with Sorare and Autograph to launch golf NFTs, submitted a Web 3.0 trademark application for its logo. This comes after the PGA said it’s finalizing these deals.
The metaverse is still in the planning and imagining stage at this point. Skeptics caution that there is no obvious method to discern in which direction the metaverse will evolve, despite the fact that many major actors in the technology industry are currently attempting to define and establish a foundation for the metaverse.
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