E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce elephantine Ebay has filed 2 trademark applications covering a wide scope of products and services relating to the metaverse and non-fungible tokens (NFTs).

Ebay’s NFT, Metaverse Trademark Applications

Ebay Inc. (Nasdaq: EBAY) filed 2 trademark applications with the United States Patent and Trademark Office (USPTO) past week covering a wide scope of products and services relating to non-fungible tokens (NFTs) and the metaverse.

A USPTO-licensed trademark attorney, Mike Kondoudis, tweeted Tuesday: “Ebay Inc. is coming to the metaverse.” He explained that the filings bespeak the e-commerce giant’s plans for virtual bully marketplaces, online retail stores with existent and virtual goods, NFTs, NFT exchanges, and NFT trading. The applications’ serial numbers are 97473696 and 97473620.

One time earlier Ebay filed the 2 trademark applications, the institution announced that it has acquired NFT marketplace Knownorigin. According to Ebay, the 2 companies signed and closed the woody connected June 21.

Ebay CEO Jamie Iannone described astatine the time: “Ebay is the archetypal halt for radical crossed the globe who are searching for that perfect, hard-to-find, oregon unsocial summation to their postulation and, with this acquisition, we volition stay a starring tract arsenic our assemblage is progressively adding integer collectibles.”

The e-commerce level began allowing NFT income successful May past year, citing a “massive question of attention” successful the area.

This month, McKinsey and Company said that the metaverse could make $5 trillion by 2030. “By 2030, it is wholly plausible that much than 50 percent of unrecorded events could beryllium held successful the metaverse,” the institution noted.

In addition, a survey conducted successful April showed that the metaverse volition beryllium the most popular spot for crypto, with 70% of respondents agreeing that “cryptocurrency and blockchain exertion advancements volition beryllium captious to shaping the aboriginal of the metaverse.” Moreover, Citigroup predicted that the metaverse could beryllium a $13 trillion accidental with 5 cardinal users by 2030 portion Goldman Sachs sees the metaverse arsenic an $8 trillion opportunity.

What bash you deliberation astir Ebay filing trademark applications covering metaverse and NFT services? Let america cognize successful the comments conception below.