Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

The variety of firms submitting emblems for nonfungible tokens (NFTs), metaverse-related digital items and companies, and cryptocurrencies has grown quickly in 2022. 

In keeping with knowledge compiled by licensed trademark legal professional Mike Kondoudis, the variety of trademark functions filed for digital currencies, in addition to their associated items and companies, has reached 4,708 as of the tip of October 2022 — surpassing the whole quantity filed in 2021 (3,547).

Via October, 4708 US trademark apps have been filed for digital/cryptocurrencies + associated items/companies
Jan: 481
Feb: 541
Mar: 612
Apr: 589
Could: 561
June: 461
July: 416
Aug: 345
Sep: 378
Oct: 324

The 2021 whole was 3547#Crypto #Fintech #DeFi #Cryptocurrencies #Web3 #NFTs pic.twitter.com/kqaIeRyFd9

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

The variety of trademark functions filed for the metaverse and its associated digital items and companies additionally soared to 4,997 from the 1,890 filed in 2021. This appears to counsel an enormous urge for food for the metaverse and its associated merchandise, regardless of the setbacks the ecosystem has confronted in changing into totally purposeful.

Via October, 4997 US trademark apps have been filed for Metaverse and digital items/companies:
Jan: 417
Feb: 573
March: 773
April: 577
Could: 549
June: 550
July: 398
Aug: 428
Sept: 398
Oct: 334

The 2021 whole was 1890#Metaverse #Web3 #NFTs #MetaverseNFT #VirtualReality #NFT pic.twitter.com/lbsXapld0N

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

The will for NFTs as a know-how nonetheless seems to be on the rise, regardless of a recorded decline in NFT buying and selling quantity and gross sales. In keeping with Kondoudis’ statistics, the whole variety of trademark functions for NFTs and their associated merchandise elevated from 2,142 in 2021 to six,855 as of October 2022.

Via October, 6855 US trademark apps have been filed for NFTs and associated items/companies
Jan: 644
Feb: 789
Mar: 1082
Apr: 898
Could: 767
June: 729
July: 542
Aug: 522
Sept: 445
Oct: 437

The 2021 whole was 2142.#NFTs #Web3 #NFTCommmunity #Metaverse #MetaverseNFT #NFT pic.twitter.com/J9xj2UdPrP

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

Associated: What stays within the NFT market now that the mud has settled?

Throughout the previous month, various firms have filed recent trademark functions to affix the Web3 ecosystem. On Oct. 21, make-up and beauty big Ulta filed a trademark software for plans to incorporate NFTs and digital make-up and salon companies amongst its choices.

Luxurious watchmaker Rolex additionally filed a trademark software with plans to carry NFTs, NFT-backed media, NFT marketplaces and a cryptocurrency change to its empire.