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Home Crypto Updates

E-commerce Large Ebay Recordsdata Trademark Functions Overlaying Broad Vary of Metaverse, NFT Companies – Metaverse Bitcoin Information

by cryptostandard
June 30, 2022
in Crypto Updates
Reading Time: 3 mins read
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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.

What do you concentrate on Ebay submitting trademark purposes masking metaverse and NFT companies? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any harm or loss triggered or alleged to be attributable to or in reference to using or reliance on any content material, items or companies talked about on this article.

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