Since the beginning of the year, more trademark applications for digital currencies, NFTs, Web3, and the Metaverse have been submitted in the United States than in all of 2021.
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More than 3,600 trademark applications for cryptocurrencies and crypto-related services were submitted to the United States Patent and Trademark Office as of August 31, according to statistics collated by intellectual property lawyer Mike Kondoudis on Tuesday. In comparison, just 3,516 trademark applications were filed for cryptocurrencies and crypto-related services in all of 2021. While trademark registrations for the Metaverse or Web3 have more than quadrupled from 1,866 in 2021 to 4,150 as of August 2022, the number of NFT applications has increased even more, according to Kondoudis (from more than 5,800 in 2022 to 2,087 in 2021).
Across all three application categories in 2022, March allegedly had the highest number of files (1,078 for NFTs, 604 for crypto, and 759 for the Metaverse), while July and August typically saw the lowest. Mark Zuckerberg, CEO of Meta, said in March that Instagram would soon support NFTs.
After initiating a lawsuit against MetaBirkins creator Mason Rothschild for allegedly benefitting from the sale of NFTs with the company's Birkin brand name, Cointelegraph reported on September 1 that Hermès has filed a trademark application in the U.S. for usage of its name in the Metaverse, NFTs, and virtual currency. The US Space Force, Meta, Formula One, MasterCard, McDonald's, Gatorade, and other big companies have all filed patents with the USPTO in 2022, showing that they are interested in virtual items or blockchain technology.
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