Meta has filed eight new trademark applications with the United States Patent and Trademark Office (USPTO) for its logo, which also covers a wide range of cryptocurrency-related products and services. Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted on March 23 that the applications (serial numbers: 97320155, 97320153, 97320149, 97320147, 97320146, 97320144, 97320140, and 97320136) were submitted on March 18. The applications span a wide spectrum of crypto-related products and services, such as crypto tokens, cryptocurrencies, blockchain software, cryptocurrency exchanges, and cryptocurrency trading.
According to sources, Kondoudis defined Meta’s applications as a template for how the business aims to interact in the metaverse. He explained that the goods and services provided by those applications expanded much beyond the standard NFT [non-fungible tokens] and metaverse items that many applications contain. He went on saying that-
Only a company of this scale, with a hand in the creation and development of the metaverse, could conceivably intend on achieving everything in these applications.
A rising number of prominent companies, including McDonald’s, Burger King, Panera Bread, and Panda Express, have made similar moves. Burger King applied for a trademark on the same day as Meta did. According to Kondoudis, the burger chain’s application includes NFTs, blockchain software, cryptocurrency trading, and virtual eateries. Goldman Sachs, a global investment company, has also estimated that the metaverse has an $8 trillion potential. JPMorgan and HSBC have recently developed a foothold in the metaverse.