Mastercard Files 15 Trademark Applications for a Wide Range of Metaverse, NFT Services
Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experienc...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Mastercard has filed 15 trademark applications covering a wide range of services relating to the metaverse and non-fungible tokens (NFTs). “We are continually looking for opportunities to deliver new and unique experiences to our customers and cardholders,” Mastercard said.
Payments giant Mastercard filed 15 trademark applications with the United States Patent and Trademark Office (USPTO) last week covering a wide range of products and services relating to non-fungible tokens and the metaverse.
A USPTO-licensed trademark attorney, Mike Kondoudis, noted that the trademark applications are for Mastercard, Priceless, and Mastercard’s circles logo. Priceless is a Mastercard campaign that provides cardholders with everyday discounts.
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.
They also cover many activities in the metaverse including e-commerce software to allow users to perform electric business transactions, payment processing services, credit card processing, and providing financial information.
The serial numbers of the 15 trademark applications are 97346112, 97346101, 97346097, 97346083, 97346070, 97346064, 97346060, 97346043, 97346041, 97346029, 97346023, 97346019, 97346012, 97346003, and 97346993.
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:
This filing is simply part of that effort, ensuring that the trademark protection for our brand carries through to any potential use in the metaverse uninterrupted.
A growing number of large corporations have made a similar move, including Meta (formerly Facebook), Mcdonald’s, Burger King, Panera Bread, and Panda Express.
Last month, Citi predicted that the metaverse could be a $13 trillion opportunity with five billion users by the year 2030. Global investment bank Goldman Sachs believes that the metaverse is an $8 trillion opportunity. Recently, megabanks JPMorgan and HSBC established a presence in the metaverse.
What do you think about Mastercard’s 15 trademark applications for NFT and metaverse products and services? Let us know in the comments section below.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
XRP Price Set for Institutional Boost? Evernorth Files $1B SEC Amendment
XRP price prediction is getting bullish as Ripple backed Evernorth amended its SEC registration statement again. The real question...
Bitcoin (BTC) Price Prediction: BTC Eyes $68K–$69K as Traders Look for a Range Breakout
Technical signals remain mixed, but several analysts are watching the $68,000–$69,000 zone as a potential test if Bitcoin can esta...
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading...
Iran alters military strategy, threatens wider war with US amid blockade tensions
Iran's strategic shift may escalate regional tensions, impacting global markets and complicating U.S. foreign policy and military...
Block traces COLDCARD attacker to blockchain services provider after $38M Bitcoin theft
The incident underscores the critical need for rigorous firmware testing and swift vulnerability disclosures to protect digital as...
Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report
Bitcoin Magazine Coldcard Bitcoin Thief Likely Used Top Blockchain Services Provider: Report Since over $70 million in Bitcoin was...