NFT

Food companies secure trademarks to enter metaverse

A variety of meals firms have lately begun to place themselves throughout the Web3 ecosystem by submitting trademark purposes for the Metaverse and nonfungible tokens (NFTs). 

Licensed trademark legal professional Mike Kondoudis shared in a tweet that Kraft Meals Group had filed a trademark for its iconic sizzling dog-shaped Weinermobile on Oct. 12. The submitting revealed that the model plans to broaden into NFTs, digital tokens, digital items, NFT marketplaces, digital meals, drink and eating places.

The trademark software urged that Kraft Meals Group additionally has plans to function a digital restaurant, in addition to function digital items for residence supply in each actual and digital worlds.

On Oct. 6, the favored meals model and quick meals chain, In-N-Out Burger filed an identical trademark software with plans to function a web-based retail retailer that includes digital items; particularly, meals, drinks and merchandise related to the model to be used in on-line digital worlds.

In accordance with the trademark software, In-N-Out Burger plans to supply, “non permanent use of on-line non-downloadable software program for customers to entry, transmit, alternate and set up possession of digital items, blockchain tokens, nonfungible tokens, digital media, digital recordsdata, and digital belongings within the discipline of meals, drinks, eating places, and merchandise.”

Associated: McDonald’s begins to simply accept Bitcoin and Tether in Swiss city

On Oct. 10, Mike Kondoudis additionally reported that Del Monte Meals had filed eight trademark purposes for its underlying manufacturers “Del Monte” and “The Del Monte Sheild,” with plans to create NFTs, NFT-backed media, on-line digital marketplaces, digital eating places, shops, meals and drinks.

The trademark software additionally disclosed that Del Monte Meals intends to broaden into the Web3 software program house. In accordance with the appliance, the model will produce “software program for importing, transmitting, publishing, storing, managing, verifying, authenticating, and speaking digital forex, crypto-collectibles, digital tokens, digital recordsdata, photos, sound recordings, video recordings, digital objects, and digital services.”

In September, Cointelegraph reported that the variety of U.S. emblems filed associated to cryptocurrencies, nonfungible tokens (NFTs), Web3 and the Metaverse has grown exponentially throughout the previous yr.

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