1 year ago
Formula One has filed 8 trademark applications covering a wide scope of cryptocurrency, non-fungible token (NFT), and metaverse products and services with the United States Patent and Trademark Office (USPTO).
Formula One Getting Deep Into Crypto, NFTs, Metaverse
Formula One filed 8 trademark applications with the United States Patent and Trademark Office (USPTO) connected Oct. 5 indicating its plans involving a wide scope of cryptocurrency, non-fungible token (NFT), and metaverse products and services.
A USPTO-licensed trademark attorney, Mike Kondoudis, detailed successful a tweet Monday:
Formula One has filed 8 trademarks for ‘F1’ covering: Cryptocurrency + NFTs, NFT + Crypto marketplaces, Retail stores for virtual goods, Blockchain fiscal transactions, Cryptocurrency trading + mining … and more.
The trademark serial numbers are 97620234, 97620226, 97620223, 97620220, 97620218, 97620213, 97620210, and 97620208. The applications were filed by Formula One Licensing B.V., a Netherland-based institution of the Formula One Group which claims ownership of the trademarks related to Formula One and the F1 logo.
Formula 1 is the world’s largest yearly planetary sporting event, racing successful 22 countries crossed 5 continents. “We person implicit fractional a cardinal passionate fans supporting the world’s champion drivers and constructors,” its website claims.
In February, South Florida Motorsports (SFM), a Formula 1 affiliate organization, announced Crypto.com arsenic the authoritative rubric spouse of the Formula 1 Crypto.com Miami Grand Prix. However, Ad Age reported past week that Crypto.com has been “downsizing its selling deals and headcount successful the aftermath of crypto winter,” which could impact the crypto firm’s plans with Formula One.
Crypto.com became the inaugural planetary spouse of Formula One’s Sprint bid for 2021 successful June past year. Stefano Domenicali, president and CEO of Formula 1, said astatine the time: “We are pleased to invited Crypto.com to the Formula 1 family, arsenic we proceed to pull progressive planetary brands anchored successful show and innovation.”
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What bash you deliberation astir Formula One filing 8 trademark applications covering a wide scope of cryptocurrency, non-fungible token (NFT), and metaverse products and services? Let america cognize successful the comments conception below.
Kevin Helms
A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.
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