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Metaverse NewsNFT News

Mastercard Files 15 Metaverse & NFT Trademarks To USPTO

Mastercard expects to dominate the virtual economy & plans to provide card payment transaction processes in the metaverse.

Written By:
Renuka Tahelyani

Last updated: February 12, 2024 5:52 AM
Published 2022-04-11
Share
Mastercard Files 15 Metaverse & NFT Trademarks To USPTO

One of the leading card payments networks, Mastercard has filed for fifteen trademarks, five each for its “Circles” logo, the popular “Priceless” slogan, and its brand name for several NFT, Metaverse, and financial goods and services.

Mastercard has filed 15 trademark applications for
▶️MASTERCARD
▶️PRICELESS
▶️Its Circles Logo

Indicating plans for
✅NFT backed media
✅Payment processing in the Metaverse
✅Marketplaces for digital goods + NFTs
✅E-commerce transactions in the Metaverse#NFT #Metaverse #Web3 pic.twitter.com/IlamOZ6OLZ

— Mike Kondoudis (@KondoudisLaw) April 8, 2022

According to the Washington-based NFT trademark attorney, Michael Kondoudis, Mastercard submitted the trademark applications to the U.S. Patent and Trademark Office (USPTO) on April 4. 

The trademarks related to the slogan, logo, and brand name “Mastercard” includes: 

  • Providing services in virtual worlds or metaverse.
  • Conducting cultural events or award shows in the field of finance, technology, cryptocurrency, NFTs–in the metaverse.
  • Processing e-commerce virtual debit/credit cards and their payment card transactions.
  • An online marketplace for NFTs.
  • Downloadable music and multimedia files authenticated by NFTs.

These filings, according to Kondoudis, follow the trend of NFT and metaverse trademark filings from the “financial services sector”. He said, “Clearly, Mastercard sees the potential of the Metaverse and is preparing its trademarks and brand for the virtual economy that will dominate it.”

Brands are realizing the importance of metaverse protection, as proven by the increased number of trademark filings. The Crypto Times reported a similar filing by AmEx recently. The USPTO received seven new trademark applications related to metaverse in registering the American Express, its Centurion logo, and slogans.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Renuka Tahelyani - Crypto Content Writer at The Crypto Times
By Renuka Tahelyani
Renuka Tahelyani is a CA student, enthusiastic about everything Finance. She is still a wanderer in the crypto world aiming to keep up. When she is not reading a business journal she is either engrossed in a novel or planning an imaginary trip with imaginary cool people.

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