Recently on the Twitter account of Mike Kondoudis (@KondoudisLaw) he published a photo that demonstrates the application of the Reebok trademark in the USPTO pair of patent applications on NFT assets and a whole range of assets that will be available in the metaverse and on Web3.
Patent applications include: downloadable virtual goods, namely computer software with footwear, clothing, hats, glasses, bags, sports backpacks, equipment, art, toys and accessories for use online and online virtual worlds, downloadable media files containing text, audio and sport related video, footwear and apparel authenticated using non-fungible tokens.
The second request includes: virtual merchandise retail store services, namely, footwear, clothing, hats, eyewear, bags, backpacks, sports equipment, art, toys, and accessories for use online, virtual merchandise online retail store services such as footwear, clothing, hats, bags, backpacks, sports equipment, art, toys and accessories, provision of an online marketplace for buyers and sellers of downloadable digital art images, music and video clips authenticated by non-fungible tokens.
The two applications were registered with the United States Patent and Trademark Office (USPTO) on November 18, 2022. With which clearly demonstrates the intention of the brand to enter a world unexplored by the company so far.
Despite not having a presence in the metaverse, Reebok has already dabbled in the world of non-fungible tokens (NFTs) at the hands of American rapper ASAP Nast, in which they launched a collection on RFOX’s NFT platform. Back then the assets were distributed for free, getting an immediate response from the NFTs claim within five minutes of the public release.
Later, in the OpenSea secondary market, these same NFTs that were released for free were valued at around USD $250,000.
The information and/or opinions expressed in this article do not necessarily represent the views or editorial line of Cointelegraph. The information presented here should not be taken as financial advice or investment recommendation. All investment and commercial movement involve risks and it is the responsibility of each person to do their due research before making an investment decision.
Keep reading:
Investments in crypto assets are not regulated. They may not be suitable for retail investors and the entire amount invested may be lost. The services or products offered are not directed or accessible to investors in Spain.