Business News Report
January 03, 2023

The Absolut Company files trademarks to open virtual Malibu rum bars in the metaverse

In Brief

Absolut files NFT and metaverse patents to launch NFTs and open virtual bars related to its rum drink Malibu in the metaverse.

Absolut opened its first metaverse bar in Decentraland in April 2022 during Coachella.

The Absolut Company files trademarks to open virtual Malibu rum bars in the metaverse

The vodka company Absolut has filed trademarks to open virtual Malibu rum-themed bars and serve NFT drinks in the metaverse. The trademarks cover virtual clothing, footwear, and alcoholic drinks; NFT trading software; stores for virtual goods, including NFTs; NFT trading marketplaces; and virtual bars and restaurants.

The metaverse-based bars and restaurants will also feature real-life home delivery.

A licensed trademark attorney, Mike Kondoudis, shared on December 27 that the Absolut company filed a web3-related patent with the United States Patent and Trademark Office.

The Absolut Company, founded in 1917, is a beverage production firm known for creating international spirit brands such as Absolut Vodka, coffee liquor Kahlúa, and a coconut-flavored liquor brand, Malibu.

According to the data, the Absolut Company wants to launch virtual alcoholic and non-alcoholic drinks and virtual wearables in the metaverse. In addition, the drink production brand seeks to offer downloadable software, mobile apps, and cloud-based solutions for processing crypto-related transactions.

Absolut also plans to provide cloud-based solutions for trading, storing, and transferring cryptocurrencies and NFTs. Its other plan includes launching an NFT marketplace for digital media and virtual assets.

Malibu already held a metaverse experience for the Coachella festival for two weeks in April. Absolut.Land in Decentraland offered users exclusive gear and the opportunity to win NFT wearables. By exploring the land and finding collectibles, users could win prizes and discount codes to use in real life.

Luxury beverage companies that joined the metaverse include whisky Johnnie Walker, Patrón tequila, and cognacs Rémy Martin and Hennessy. Besides, there is an NFT marketplace, BlockBar, entirely dedicated to liquor.

Disclaimer

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.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories

The Secrets Behind MetaHub Finance’s Web3 Success

by Victoria d'Este
November 22, 2024
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Zeus Network Unveils New ZEUS Tokenomics To Drive Bitcoin Liquidity And Solana Integration
News Report Technology
Zeus Network Unveils New ZEUS Tokenomics To Drive Bitcoin Liquidity And Solana Integration
November 22, 2024
Solv Protocol Partners With Sonic To Bring Bitcoin To The Blockchain And Redefine BTC’s Role In DeFi
News Report Technology
Solv Protocol Partners With Sonic To Bring Bitcoin To The Blockchain And Redefine BTC’s Role In DeFi
November 22, 2024
The Secrets Behind MetaHub Finance’s Web3 Success
Interview Business Markets Software Technology
The Secrets Behind MetaHub Finance’s Web3 Success
November 22, 2024
The Most Game-Changing Investments and Partnerships of the Week Shaping the Future of Web3
Digest Business Markets Technology
The Most Game-Changing Investments and Partnerships of the Week Shaping the Future of Web3
November 22, 2024