Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services – Featured Bitcoin News

Mastercard has 15 trademark applications that cover a broad range of services related the non-fungible tokens and metaverse. “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said.

Mastercard’s NFT, Metaverse Trademark Applications

Last week, Mastercard the payment giant filed fifteen trademark applications at the United States Patent and Trademark Office. These covered a broad range of products and services that relate to metaverse tokens and non-fungible tokens.

A USPTO-licensed trademark attorney, Mike Kondoudis, noted that the trademark applications are for Mastercard, Priceless, and Mastercard’s circles logo. Mastercard’s Priceless campaign offers cardholders everyday discounts.

Mastercard Files 15 Trademark Applications Covering Metaverse, NFT Services

The trademark applications indicate Mastercard’s plans for a wide range of NFT projects, such as NFT-authenticated downloadable music files and marketplaces for digital goods and NFT-backed media.

These include e-commerce software that allows users to conduct electric business transactions and credit card processing.

These serial numbers are for 15 trademark application: 97346112; 97346097; 97346070; 97346070; 97346065, 97346070; 97346060; 97346070. 97346060. 97346053. 97346060. 97346043. 97346053. 97346060. 97346043. 97346041. 97346043. 97346053. 97346033. 97346023. 97346019.

A Mastercard spokesperson told the Insider: “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders.” The spokesperson added:

The filing of this application is part of the effort to ensure that trademark protection continues for any possible use in the metaverse.

A growing number of large corporations have made a similar move, including Meta (formerly Facebook), Mcdonald’s, Burger King, Panera Bread, and Panda Express.

Citi forecasted last month that the metaverse would be worth $13 trillion and have five billion users by 2030. The metaverse, according to Goldman Sachs, is a $8 trillion investment opportunity. JPMorgan, a megabank, and HSBC have established a presence within the metaverse.

What do you think about Mastercard’s 15 trademark applications for NFT and metaverse products and services? Comment below.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. His main interests are in Bitcoin security, open source systems, network effects, cryptography, and intersections between economics, cryptography, and Cryptography.

Images CreditsShutterstock. Pixabay. Wiki Commons

DisclaimerThis article serves informational purposes. This article is not intended to be a solicitation or offer to sell or buy any product, service, or company. Bitcoin.com doesn’t offer investment, tax or legal advice. This article does not contain any information, products, or advice that can be used to cause or allegedly to cause any kind of damage.

Get more Crypto News at CFX Magazine