Formula One has submitted eight trademark applications to the United States Patent and Trademark Office. They cover a variety of cryptocurrency and nonfungible token (NFT), and metaverse services and products.
Formula One Getting Deep Into Crypto, NFTs, Metaverse
Formula One filed eight trademark requests with the United States Patent and Trademark Office on October 5. These applications indicated its intentions to use a broad range of non-fungible tokens (NFT) and metaverse products and/or services.
Mike Kondoudis, a USPTO licensed trademark attorney. detailedA tweet Monday
Formula One has filed 8 trademarks for ‘F1’ covering: Cryptocurrency + NFTs, NFT + Crypto marketplaces, Retail stores for virtual goods, Blockchain financial transactions, Cryptocurrency trading + mining … and more.
These trademark serial numbers include 97620234 and 97620226. 97620223, 97620223. 97620223. 97620223. 97620220. 97620223. 97620220. 97620223. 97620223. 97620220. 97620218. 97620213. 97620210. 97620208. Formula One Licensing B.V. filed the applications. This Netherland-based company is part of Formula One Group and claims trademark ownership for the F1 logo.
Formula 1 is the world’s largest annual global sporting event, racing in 22 countries across five continents. “We have over half a billion passionate fans supporting the world’s best drivers and constructors,” its website claims.
South Florida Motorsports, a Formula 1 affiliate, named Crypto.com the official title sponsor of the Formula 1 Crypto.com Miami Grand Prix in February. However, Ad Age reported last week that Crypto.com has been “downsizing its marketing deals and headcount in the wake of crypto winter,” which could affect the crypto firm’s plans with Formula One.
Crypto.com became the inaugural global partner of Formula One’s Sprint series for 2021 in June last year. Stefano Domenicali, president and CEO of Formula 1, said at the time: “We are pleased to welcome Crypto.com to the Formula 1 family, as we continue to attract progressive global brands anchored in performance and innovation.”
How do you feel about Formula One’s trademark filings covering eight different types of crypto, NFT and metaverse products? We’d love to hear from you in the comment section.
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