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E-commerce large Ebay has filed two trademark purposes masking a variety of services and products referring to the metaverse and non-fungible tokens (NFTs).
Ebay’s NFT, Metaverse Trademark Functions
Ebay Inc. (Nasdaq: EBAY) filed two trademark purposes with the USA Patent and Trademark Workplace (USPTO) final week masking a variety of services and products referring to non-fungible tokens (NFTs) and the metaverse.
A USPTO-licensed trademark lawyer, Mike Kondoudis, tweeted Tuesday: “Ebay Inc. is coming to the metaverse.” He defined that the filings point out the e-commerce large’s plans for digital good marketplaces, on-line retail shops with precise and digital items, NFTs, NFT exchanges, and NFT buying and selling. The purposes’ serial numbers are 97473696 and 97473620.
Someday earlier than Ebay filed the 2 trademark purposes, the corporate introduced that it has acquired NFT market Knownorigin. Based on Ebay, the 2 corporations signed and closed the deal on June 21.
Ebay CEO Jamie Iannone described on the time: “Ebay is the primary cease for folks throughout the globe who’re looking for that excellent, hard-to-find, or distinctive addition to their assortment and, with this acquisition, we are going to stay a number one web site as our neighborhood is more and more including digital collectibles.”
The e-commerce platform started permitting NFT gross sales in Might final yr, citing a “huge wave of consideration” within the space.
This month, McKinsey and Firm stated that the metaverse may generate $5 trillion by 2030. “By 2030, it’s fully believable that greater than 50 p.c of reside occasions may very well be held within the metaverse,” the corporate famous.
As well as, a survey carried out in April confirmed that the metaverse would be the hottest place for crypto, with 70% of respondents agreeing that “cryptocurrency and blockchain expertise developments will likely be important to shaping the way forward for the metaverse.” Furthermore, Citigroup predicted that the metaverse may very well be a $13 trillion alternative with 5 billion customers by 2030 whereas Goldman Sachs sees the metaverse as an $8 trillion alternative.
What do you concentrate on Ebay submitting trademark purposes masking metaverse and NFT companies? Tell us within the feedback part beneath.
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