Mastercard Files 15 Trademark Applications for Many Metaverse, NFT Services

Mastercard has filed 15 trademark applications covering a variety of services concerning the metaverse and non-fungible tokens (NFTs). “We square measure regularly trying to find opportunities to deliver new and distinctive experiences to our customers and cardholders,” Mastercard said.

Mastercard’s NFT, Metaverse Trademark Applications

Payments big Mastercard filed fifteen trademark applications with the u. s. Patent and Trademark workplace (USPTO) last week covering a good variety of merchandise and services concerning non-fungible tokens and therefore the metaverse.

A USPTO-licensed trademark lawyer, electro-acoustic transducer Kondoudis, noted that the trademark applications square measure for Mastercard, Priceless, and Mastercard’s circles emblem. valuable could be a Mastercard campaign that gives cardholders with everyday discounts.

The trademark applications indicate Mastercard’s plans for a good variety of NFT comes, like NFT-authenticated downloadable music files and marketplaces for digital product and NFT-backed media.

They conjointly cowl several activities within the metaverse as well as e-commerce software system to permit users to perform electrical business transactions, payment process services, mastercard process, and providing monetary data.

The serial numbers of the fifteen trademark applications are 97346112, 97346101, 97346097, 97346083, 97346070, 97346064, 97346060, 97346043, 97346041, 97346029, 97346023, 97346019, 97346012, 97346003, and 97346993.

A Mastercard interpreter told the Insider: “We square measure regularly trying to find opportunities to deliver new and distinctive experiences to our customers and cardholders.” The interpreter added:

This filing is just a part of that effort, making certain that the trademark protection for our whole carries through to any potential use within the metaverse uninterrupted.

A growing variety of huge firms have created an identical move, as well as Meta (formerly Facebook), Mcdonald’s, Burger King, Panera Bread, and Panda categorical.

Last month, Citi foretold that the metaverse may well be a $13 trillion chance with 5 billion users by the year 2030. international investment bank anarchist Sachs believes that the metaverse is Associate in Nursing $8 trillion chance. Recently, megabanks JPMorgan and HSBC established a presence within the metaverse.