One of France’s popular football clubs Paris Saint-Germain (PSG) is ready to set foot into the NFT and metaverse.
The club has registered a number of trademarks with metaverse and NFT-related keywords for products and services at the U.S. Patent and Trademark Office (USPTO) on March 16th.
Trademark lawyer Michael Kondoudis revealed that the company had secured its name to be used in these ecosystems.
The Parisian club, which counts Lionel Messi, Neymar, and Kylian Mbappe among its top positions, has applied for trademarks for downloadable – audio and video recordings, multimedia files containing text, audio, and video relating to sports highlights – all of which are authenticated through NFTs.
Along with it, a trademark for goods like clothing, bags, sports garments, sports shoes, hats, watches, and soccer balls – all authenticated via NFTs – for use offline and/or in online virtual worlds. Cryptocurrency software and hardware wallets have also made the cut.
“Clearly, PSG sees the potential of the Metaverse and is preparing its trademark for the virtual economy that will dominate it,” Mr. Kondoudis opined.
Top musicians, fashion designers, and athletes have all entered the virtual arena of the metaverse recognizing its importance in creating new business opportunities. The first club to enter the NFT space, FC Barcelona is also having plans to integrate crypto, NFT and metaverse in the club – its president Joan Laporta had revealed.