E-commerce big Ebay has filed two trademark purposes masking a variety of services referring to the metaverse and non-fungible tokens (NFTs).
Ebay’s NFT, Metaverse Trademark Functions
Ebay Inc. (Nasdaq: EBAY) filed two trademark purposes with the US Patent and Trademark Workplace (USPTO) final week masking a variety of services referring to non-fungible tokens (NFTs) and the metaverse.
A USPTO-licensed trademark legal professional, Mike Kondoudis, tweeted Tuesday: “Ebay Inc. is coming to the metaverse.” He defined that the filings point out the e-commerce big’s plans for digital good marketplaces, on-line retail shops with precise and digital items, NFTs, NFT exchanges, and NFT buying and selling. The purposes’ serial numbers are 97473696 and 97473620.
Someday earlier than Ebay filed the 2 trademark purposes, the corporate introduced that it has acquired NFT market Knownorigin. In line with Ebay, the 2 corporations signed and closed the deal on June 21.
Ebay CEO Jamie Iannone described on the time: “Ebay is the primary cease for folks throughout the globe who’re trying to find that good, hard-to-find, or distinctive addition to their assortment and, with this acquisition, we are going to stay a number one web site as our group is more and more including digital collectibles.”
The e-commerce platform started permitting NFT gross sales in Might final 12 months, citing a “large wave of consideration” within the space.
This month, McKinsey and Firm stated that the metaverse may generate $5 trillion by 2030. “By 2030, it’s solely believable that greater than 50 % of stay occasions could possibly be held within the metaverse,” the corporate famous.
As well as, a survey carried out in April confirmed that the metaverse would be the hottest place for crypto, with 70% of respondents agreeing that “cryptocurrency and blockchain expertise developments will probably be vital to shaping the way forward for the metaverse.” Furthermore, Citigroup predicted that the metaverse could possibly be a $13 trillion alternative with 5 billion customers by 2030 whereas Goldman Sachs sees the metaverse as an $8 trillion alternative.
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