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NFT Trademark Applications In 2022 Surpass Filings In 2021

Current U.S. trademark knowledge confirmed that curiosity in Non-Fungible Tokens continues to be elevated in 2022. The variety of NFT trademark functions filed to this point this 12 months has already surpassed all of final 12 months’s functions.

1967 NFT-related functions have been filed to this point in 2022, greater than the 1965 functions filed final 12 months, in keeping with knowledge from mental property lawyer Mike Kondoudis.

The information signifies {that a} growth in 2021, which took complete market valuation to $25 billion from $95 million in a 12 months, has proven no signal of slowing down.

Fashionable manufacturers bounce into NFT adoption this 12 months

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Their rising recognition by way of 2021 has now seen a number of in style manufacturers making use of for NFT and metaverse-related emblems. Current trademark knowledge exhibits Burger King, Playboy, WWE and DKNY all have plans to subject NFTs, and achieve a presence within the metaverse. Card operator American Categorical additionally just lately utilized for NFT-related emblems.

A number of main know-how corporations have additionally sought to capitalize on the NFT craze by launching their very own marketplaces. Videogame retailer GameStop’s market, which is predicated on Loopring, went reside earlier this week. Japanese social media big Line additionally introduced its personal NFT market.

Fb proprietor Meta just lately revealed plans to introduce NFTs into its broadly used social media platform instagram- a transfer that’s prone to enhance mass adoption of the medium.

Celeb curiosity in NFTs additionally grows

The medium’s rising recognition has additionally attracted a number of celebrities into minting their very own tokens. Earlier as we speak, in style rapper Snoop Dogg launched a brand new assortment of music tokens themed round ApeCoin (APE) and the Bored Ape Yacht Membership.

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New entrants to the NFT world this 12 months embrace NBA star Lebron James, in addition to singer Cher and motion film star Chuck Norris, who had been all seen making use of for token-related emblems.

The rising recognition has additionally enabled main gamers to department out into different initiatives. Yuga Labs, creator of the Bored Ape Yacht Membership NFTs, just lately launched a brand new token, and unveiled plans to create its personal metaverse recreation. The agency additionally purchased the rights to CryptoPunks, the second-biggest NFT assortment after Bored Ape.

 



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