Sega Registers a Trademark for the Term “Sega NFT”, Despite Potential Backlash

Japanese multinational online game and leisure firm, Sega has registered a trademark for the time period “Sega NFT”. Reportedly, final month, Sega filed two emblems with the Japanese Patent Workplace. Whereas the primary trademark is for “Sega NFT”, the second is for “Sega Classics NFT Assortment”. 

Sega NFT trademark logo
Sega has filed for 2 emblems, together with for “Sega NFT”. Credit: Sega

Sega NFT: What we all know up to now

The revelations come amidst Sega CEO Haruki Satomi’s latest announcement to place Sega NFT plans on maintain. The Japanese agency had initially deliberate to launch NFTs via play-to-earn video games final summer season. Nevertheless, following damaging reactions from Sega followers, it had put play-to-earn video games on maintain.

“We have to fastidiously assess many issues akin to how we are able to mitigate the damaging components, how a lot we are able to introduce this inside the Japanese regulation, what shall be accepted and what won’t be by the customers,” Satomi stated. “There have been many bulletins about this already together with at abroad however there are customers who present damaging reactions at this level.”

Based on VGC, the Japan Patent Workplace revealed the brand new trademark submitting on January 14. The Sega NFT trademark submitting is more likely to garner additional backlash from Sega followers.

Because the NFT wave sweeps the gaming business, a number of gaming giants have joined the craze. This consists of companies akin to Ubisoft and Konami, each of which additionally confronted backlash from the gaming group. For instance, Japanese online game firm, Konami launched NFTs of its Castlevania collection early this month. The announcement didn’t go down properly with the corporate’s followers who had been fairly livid. Moreover, Ubisoft needed to take down the trailer of its new NFT platform following damaging fan reactions. 

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Whereas gaming is among the outstanding use instances for NFTs, gaming business giants should tread fastidiously earlier than foraying into the NFT house. 

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