News Report
April 12, 2022

Mastercard Filed 15 NFT Trademarks

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.

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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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