THELOGICALINDIAN - Ecommerce behemothic Ebay has filed two brand applications accoutrement a advanced ambit of articles and casework apropos to the metaverse and nonfungible tokens NFTs
Ebay’s NFT, Metaverse Trademark Applications
Ebay Inc. (Nasdaq: EBAY) filed two brand applications with the United States Patent and Brand Office (USPTO) aftermost anniversary accoutrement a advanced ambit of articles and casework apropos to non-fungible tokens (NFTs) and the metaverse.
A USPTO-licensed brand attorney, Mike Kondoudis, tweeted Tuesday: “Ebay Inc. is advancing to the metaverse.” He explained that the filings announce the e-commerce giant’s affairs for basic acceptable marketplaces, online retail food with absolute and basic goods, NFTs, NFT exchanges, and NFT trading. The applications’ consecutive numbers are 97473696 and 97473620.
One day afore Ebay filed the two brand applications, the aggregation appear that it has acquired NFT exchange Knownorigin. According to Ebay, the two companies active and bankrupt the accord on June 21.
Ebay CEO Jamie Iannone declared at the time: “Ebay is the aboriginal stop for bodies beyond the apple who are analytic for that perfect, hard-to-find, or different accession to their accumulating and, with this acquisition, we will abide a arch armpit as our association is more abacus agenda collectibles.”
The e-commerce belvedere began allowing NFT sales in May aftermost year, citation a “massive beachcomber of attention” in the area.
This month, McKinsey and Aggregation said that the metaverse could accomplish $5 trillion by 2030. “By 2030, it is absolutely believable that added than 50 percent of alive contest could be captivated in the metaverse,” the aggregation noted.
In addition, a analysis conducted in April showed that the metaverse will be the most popular abode for crypto, with 70% of respondents accordant that “cryptocurrency and blockchain technology advancements will be analytical to abstraction the approaching of the metaverse.” Moreover, Citigroup predicted that the metaverse could be a $13 abundance befalling with 5 billion users by 2030 while Goldman Sachs sees the metaverse as an $8 abundance opportunity.
What do you anticipate about Ebay filing brand applications accoutrement metaverse and NFT services? Let us apperceive in the comments area below.
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