Trademarks registered for NFTs, metaverse and cryptocurrencies rise to new levels in 2022
The number of companies registering trademarks for non-fungible tokens (NFTs), metaverse-related virtual goods and services, and cryptocurrencies has grown rapidly in 2022.
According to data compiled by licensed trademark attorney Mike Kondoudis, the number of trademark applications filed for digital currencies, as well as their related goods and services, has reached 4,708 by the end of October 2022 – surpassing the total number filed in 2021 (3,547). ).
As of October, 4,708 US trademark applications have been filed for digital/cryptocurrencies + related goods/services
January: 481
February: 541
March: 612
April: 589
May: 561
June: 461
July: 416
August: 345
September: 378
October: 324The total in 2021 was 3,547#Crypto #Fintech #DeFi #Cryptocurrencies #Web3 #NFTs pic.twitter.com/kqaIeRyFd9
— Mike Kondoudis (@KondoudisLaw) 7 November 2022
The number of trademark applications for the metaverse and its related virtual goods and services also rose to 4,997 from the 1,890 filed in 2021. This seems to suggest a massive appetite for the metaverse and its related products, despite the setbacks the ecosystem has faced i becomes fully functional.
As of October, 4,997 US trademark applications have been filed for Metaverse and virtual goods/services:
January: 417
February: 573
March: 773
April: 577
May: 549
June: 550
July: 398
August: 428
September: 398
October: 334The total in 2021 was 1,890#Metaverse #Web3 #NFTs #MetaverseNFT #Virtual Reality #NFT pic.twitter.com/lbsXapld0N
— Mike Kondoudis (@KondoudisLaw) 7 November 2022
The desire for NFTs as a technology still appears to be on the rise, despite a recorded decline in NFT trading volume and sales. According to Kondoudis’ statistics, the total number of trademark applications for NFTs and their related products increased from 2,142 in 2021 to 6,855 as of October 2022.
As of October, 6,855 US trademark applications have been filed for NFTs and related goods/services
January: 644
February: 789
March: 1082
April: 898
May: 767
June: 729
July: 542
August: 522
September: 445
October: 437The total in 2021 was 2,142.#NFTs #Web3 #NFT community #Metaverse #MetaverseNFT #NFT pic.twitter.com/J9xj2UdPrP
— Mike Kondoudis (@KondoudisLaw) 7 November 2022
Related: What remains in the NFT market now that the dust has settled?
Over the past month, a number of companies have submitted new trademark applications to join the Web3 ecosystem. On October 21, makeup and cosmetics giant Ulta filed a trademark application for plans to include NFTs and virtual makeup and salon services among its offerings.
Luxury watchmaker Rolex also filed a trademark application with plans to bring NFTs, NFT-supported media, NFT marketplaces, and a cryptocurrency exchange to its empire.
