Trademark applications for crypto, NFTs and Metaverse surge in 2022: Report

The variety of U.S. emblems filed associated to cryptocurrencies, nonfungible tokens (NFTs), Web3 and the Metaverse since January have reportedly handed these filed in 2021.

According to information compiled by mental property lawyer Mike Kondoudis on Tuesday, people and companies filed greater than 3,600 trademark applications for cryptocurrencies and crypto-related providers with the United States Patent and Trademark Office as of Aug. 31, in comparison with 3,516 in all of 2021. In addition, Kondoudis reported that the variety of NFT applications had surged even greater — greater than 5,800 in 2022 in comparison with 2,087 in 2021 — whereas the variety of trademark filings associated to the Metaverse or Web3 had greater than doubled: 1,866 in 2021 and 4,150 as of August 2022.

So far in 2022 over 5800 trademark apps have been filed with the USPTO for NFTs (and associated items/providers)
Jan: 646
Feb: 781
March: 1078
April: 886
May: 747
June: 718
July: 530
Aug: 502

The 2021 whole was 2087.#NFTs #Web3 #NFTCommmunity #Metaverse #MetaverseNFT pic.twitter.com/3XCZTD4QP7

— Mike Kondoudis (@KondoudisRegulation) September 6, 2022

Data from March reportedly confirmed the biggest variety of filings in 2022 throughout all three software varieties, with 1,078 for NFTs, 604 for crypto and 759 for the Metaverse, whereas July and August usually had the bottom variety of applications. Meta CEO Mark Zuckerberg introduced in March that the corporate was making ready to make NFTs out there on Instagram.

Related: US trademark and copyright places of work to review IP affect of NFTs

Cointelegraph reported on Sept. 1 that luxurious model Hermès had filed a trademark software in the U.S. for use of its title in the Metaverse, NFTs and digital forex following the corporate submitting a lawsuit in opposition to MetaBirkins founder Mason Rothschild for allegedly making the most of the sale of NFTs bearing the corporate’s Birkin model title. In addition, main corporations in and out of the crypto area together with Meta, Formula One, Mastercard, McDonald’s, Gatorade and the U.S. Space Force have all, in 2022, made filings with the USPTO suggesting digital merchandise or involvement with crypto and blockchain.

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