The American food manufacturing and processing giant Kraft Foods Group has filed non-fungible token (NFT) and metaverse patents for several of its popular brands.
The firm joins a number of conventional companies like Gatorade, Nike, Adidas and Coca-Cola who have gone on to secure their products and brands in the cryptocurrency/virtual sphere.
According to a Monday tweet from United States Patent and Trademark Office (USPTO) trademark attorney Mike Kondoudis, Kraft Foods has secured the brands of Jell-O, Kool-Aid, Velveeta, Lunchables, Oscar Mayer, Philadelphia and of course the Kraft brand.
The company’s NFT and metaverse brands encompass a wide range of potential services and products, such as a virtual restaurant where users can earn virtual rewards and assets, virtual food and beverages, NFTs, and NFT-backed media and marketplaces. of virtual goods and NFT.
Kraft Foods has filed trademark applications for
▶️ KRAFT
▶️ JELL-O
▶️ KOOL-AID
▶️ VELVEETA
▶️ LUNCHEABLE
▶️ OSCAR MEYER
▶️ PHILADELPHIAcovering
✅NFTs, NFT-backed media + Digital tokens
✅NFT Marketplaces
✅Virtual restaurants, foods + drinks #NFT #Metaverse #Web3 #crypto pic.twitter.com/Nu42rkw04I— Mike Kondoudis (@KondoudisLaw) June 13, 2022
Kraft Foods has filed trademark applications for
▶️ KRAFT
▶️ JELL-O
▶️ KOOL-AID
▶️ VELVEETA
▶️ LUNCHEABLE
▶️ OSCAR MEYER
▶️ PHILADELPHIAcovering
✅NFT, media backed by NFT + digital tokens
✅NFT Marketplaces
✅Virtual Restaurants, Food + Drinks #NFT #Metaverse #Web3 #Crypto pic.twitter.com/Nu42rkw04I
At the moment, it’s unclear if Kraft will be looking to roll out any virtual deals or promos anytime soon or if it’s just looking to block brands early. Nevertheless, one of its brands already made a small move last year, when beloved hot dog maker Oscar Mayer auctioned off via eBay in August 2021 a Dogecoin (DOGE)-themed pack of “Hot Doge Wieners” that came with 10,000 DOGE free.
Seth Green reunites with his monkey
Seth Green has finally met with the Bored Ape Yacht Club (BAYC) NFT who was outsmarted via a phishing scam, with the Hollywood actor and Robot Chicken co-creator declaring that Ape #8398 “is at home.”
After Green had his NFT stolen a month ago, the scammer sold it to user DarkWing84 for 106.5 Ether (ETH) or $144,000 at the time.. Green immediately contacted the buyer to reach an agreement online, since the NFT, which Fred Simian called, is of particular importance, given that its underlying IP is being used to create a cartoon show.
Apparently, the negotiation process must have been long, since the NFT did not contact the actor until the end of last week.
Since the NFT was locked and could not be purchased from OpenSea due to being stolen, Green paid 165 ETH, worth approximately $224,300 at the time of writing, through cryptocurrency custody platform NFT trader to get his token back, suggesting he tipped nearly 60 ETH to Darkwing84, who returned the NFT in good faith.
Jim Carrey tokenizes original artwork for charitable causes
Iconic actor and comedian Jim Carrey is auctioning off a tokenized original artwork dubbed Sunshower through SuperRare, with all proceeds going to a nonprofit that supports food banks in the United States called Feeding America..
In addition to being known around the world as a comedic actor, Carrey is also a respected artist who creates everything from physical paintings and illustrations to fully animated pieces..
The Sunshower NFT represents an animated version of a vibrant acrylic canvas in which rain and bright colors bathe a man’s face, with a speaking piece in the background..
At the time of writing this article, the auction lasts a day and a half, and the highest bid so far amounts to 42.35 ETH, that is, about USD 57,500.
I’ve been both blessed and cursed in this life with a vivid imagination and a burning desire to share my peculiarities and inspirations with you. This little mood enhancer is called Sunshower.
I hope this NFT does for you what it did for me… weeeeeeeee! https://t.co/vdiwD9v0rd— Jim Carrey (@JimCarrey) June 9, 2022
I have been blessed and cursed in this life with a vivid imagination and a burning desire to share my quirks and inspirations with you. This little mood enhancer is called Sunshower. I hope this NFT does for you what he did for me…weeeeeeeee! https://t.co/vdiwD9v0rd
NFT trading volume plummets
According to NFT data aggregator CryptoSlam, four of the top five blockchains in terms of sales volume have seen double-digit drops in the last seven days.
In that time span, industry leader Ethereum’s trading volume is down 28.85% to $176.5 million, while second-placed Solana has also seen its volume drop 13.71% to $176.5 million. 24.9 million.
The biggest losers in the past week are Binance Smart Chain, ranked third, and ImmutableX, ranked fifth, with a whopping 46.59% and 58.63% drops, accounting for $4.1 million and $1.3 million of volume each..
The only blockchain in the top five that has yet to see a double-digit drop is the Flow network.which has plunged 9% and represents an NFT turnover of $3.1 million.
Other Nifty News
Gordon Goner, the pseudonymous co-founder of Yuga Labs, issued a warning on Saturday about a possible incoming attack on his social media accounts under the Yuga Labs umbrella.after receiving “credible information” that a Twitter infiltrator would help circumvent the security of the accounts.
The global payment technology giant Mastercard has partnered with a number of leading NFT marketplaces to enable 2.9 billion cardholders to directly make NFT purchases without having to purchase cryptocurrency first..
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