Chinese Government Rejects Metaverse Trademark Applications: Report

China's authorities has begun rejecting trademark applications related to metaverse projects, according to galore section media reports.

• Trademark applications containing yuan yuzhou - Mandarin for metaverse - person been denied registration by the National Intellectual Property Administration, the South China Morning Post (SCMP) reported Monday citing information from concern and trademark registration tracking steadfast Tianyancha.

• Those rejected see applications by NetEase, iQiyi and Xiaohongshu.

• Applications by the country's tech giants including Tencent and Alibaba (which owns the SCMP) are inactive pending review.

• The enactment has been attributed to an effort to combat a unreserved of specified applications which could origin trademark squatting – a concern wherever idiosyncratic different than the archetypal marque proprietor obtains a trademark – and misunderstanding among consumers.

• According to experts, this suggests that authorities are attempting to assuage immoderate imaginable hype astir the metaverse successful the exertion industry.

• “What I spot is the authorities encouraging enterprises to participate the metaverse arena with genuine technological capability,” Chen Gaojie of tech probe steadfast PatSnap, told the SCMP. “The metaverse involves galore halfway cutting-edge technologies, specified arsenic artificial quality and blockchain.”

• The metaverse is simply a conceptualized satellite wherever the net yet becomes an immersive virtual abstraction that tin beryllium utilized for work, play, socializing, experiences and events. The word was coined by Neal Stephenson successful his 1992 caller “Snow Crash.”