Following in the footsteps of American Express, Mastercard filed 15 trademark applications with the US Patent and Trademark Office on April 4 to register the metaverse and NFT trademarks in the United States.
Mike Kondoudis revealed the trademark registrations, claiming that the apps are connected to NFT collections and markets, metaverse payment processing software, and e-commerce transactions. In the virtual world, death is a reality.
MasterCard has also applied for a trademark for the “Circle” logo as well as the phrase “Priceless.” According to its website, the company also promises to deliver “metaverse events and performances in the financial, crypto, and NFT sectors,” according to its website.
For quite some time, the payments business has been pushing the crypto industry’s growth. It has teamed with Ethereum software developer ConsenSys to assist build a scaling solution that provides financial institutions with “enterprise-grade scalability.” ConsenSys received $65 million in investment from Mastercard in April.
This submission is a follow-up to American Express’s application, which was submitted earlier this month. It wants to register trademarks for crypto, token, and NFT trading services and an online NFT marketplace, travel agency services, and virtual world entertainment.