Trademarks filed for NFTs, metaverse and cryptocurrencies soar to new levels in 2022

The fig of companies filing trademarks for nonfungible tokens (NFTs), metaverse-related virtual goods and services, and cryptocurrencies has grown rapidly successful 2022. 

According to information compiled by licensed trademark lawyer Mike Kondoudis, the fig of trademark applications filed for integer currencies, arsenic good arsenic their related goods and services, has reached 4,708 arsenic of the extremity of October 2022 — surpassing the full fig filed successful 2021 (3,547).

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

The fig of trademark applications filed for the metaverse and its related virtual goods and services besides soared to 4,997 from the 1,890 filed successful 2021. This seems to suggest a monolithic appetite for the metaverse and its related products, contempt the setbacks the ecosystem has faced successful becoming afloat functional.

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

The tendency for NFTs arsenic a exertion inactive appears to beryllium connected the rise, despite a recorded diminution successful NFT trading measurement and sales. According to Kondoudis’ statistics, the full fig of trademark applications for NFTs and their related products accrued from 2,142 successful 2021 to 6,855 arsenic of October 2022.

— Mike Kondoudis (@KondoudisLaw) November 7, 2022

Related: What remains successful the NFT marketplace present that the particulate has settled?

Within the past month, a fig of companies person filed fresh trademark applications to articulation the Web3 ecosystem. On Oct. 21, constitution and cosmetic elephantine Ulta filed a trademark exertion for plans to see NFTs and virtual constitution and salon services among its offerings.

Luxury watchmaker Rolex besides filed a trademark exertion with plans to bring NFTs, NFT-backed media, NFT marketplaces and a cryptocurrency speech to its empire.