Luxury watchmaker Rolex has filed a trademark application claiming plans for NFTs, NFT-backed media, NFT marketplace, crypto keys, and crypto transactions.
The application also mentioned virtual goods auctions including watches, art objects, digital collectibles, and more, as per the tweet shared by USPTO licensed trademark attorney Mike Kondoudis.
The trademark further claims for virtual and cryptocurrency exchange+transfer, along with marketing via product placements in online games or metaverse.
That’s just the beginning as more and more luxury brands and businesses have already dipped their toes in decentralized culture, filing trademark applications for crypto, NFTs, and metaverse.
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.
