Mastercard Filed 15 NFT Trademarks
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
The American multinational financial services corporation has filed 15 NFT and Metaverse trademarks. This means the company is intended to follow Visa and American Express in the virtual economy exploration.
The Tweet shared by Mike Kondoudis, the trademark attorney of United States Patent and Trademark Office, indicates that Mastercard has filed 15 trademark applications for ‘MASTERCARD’, the Circles Logo, and the ‘PRICELESS’ slogan of the company.
The trademark of the latter consists of various multimedia files: text, artwork, audio and video. These are now authenticated in the form of NFTs. Then, Mastercard has claimed the signature red, yellow and orange colours as a part of the mark, which is going to be used for processing the virtual cards, payments and transactions; as well as concerts, sporting and cultural events; travel experiences and other kinds of events in the Metaverse and other virtual worlds.
Hence, the financial giant plans to work on the possibility of processing payments and E-commerce transactions in the Metaverse, using a virtual credit, debit or prepaid card. Moreover, it’s going to provide financial information in the Metaverse and other virtual worlds.
Then, Mastercard is going to create marketplaces for digital goods and NFT backed media.
Previously, in July 2021, Mastercard has also launched a startup engagement program aimed at the exploration of blockchain technology for businesses and single users, the ‘Start Path’ Crypto scheme.
Read related posts:
- Dfinity sues Meta over trademarking the infinity logo
- Visa Announced an NFT Program For Creators
- LA leads the way in the pot metaverse
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.