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China's government has begun rejecting trademark applications related to metaverse projects, according to numerous local media reports.Trademark applications containing yuan yuzhou - Mandarin for metaverse - have been denied registration by the National Intellectual Property Administration, the South China Morning Post (SCMP) reported Monday citing data from business and trademark
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According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs
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The filing is a strong sign that Crocs is preparing to issue NFTs, one well-known crypto-intellectual property lawyer told CoinDesk. Its counsel, WilmerHale, filed on an “intent-to-use” basis, meaning the brand has a bona fide intention to use it in commerce. Original Source
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Even though the People’s Bank of China’s (PBOC) warning on metaverse and nonfungible tokens (NFTs) in November, more than a thousand Chinese companies have submitted thousands of metaverse-related trademark applications.In a summit back in November, Gou Wenjun, the PBOC’s AML and Analysis Center Director, warned about the dangers of digital
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Despite the government’s restriction on bitcoin and an imminent ban on the metaverse, Chinese internet company Baidu announced on Monday that it has filed its metaverse trademark. Baidu And The Metaverse Of Xi’rang According to the most recent trade registration statistics, Chinese enterprises are hurrying to register trademarks related to the metaverse,
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Sports footwear and apparel manufacturer Nike is exploring the design of virtual materials featuring its iconic logo and slogan.According to Oct. 27 records at the U.S. Patent and Trademark Office, Nike has filed applications for its namesake, swoosh logo, and "just do it" slogan to be used in virtual goods for
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According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency An analysis by regional news
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The big news this week happened on April 16th, when a major power outage in Xinjiang wreaked havoc on the BTC hash rate. According to local sources, the hash rates on Ant Mine Pool fell by 21.93%, BTC.com by 18.5%, Binance Mine Pool by 22%, and Huobi Mine Pool by
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Amid the growing concerns about relocating its corporate headquarters due to regulatory concerns, Ripple Labs has filed a new trademark PayString.Ripple Labs Inc has filed a new trademark with the United States Patent and Trademark Office (USPTO) for a business entity dubbed PayString. According to the data on the USPTO
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Ripple, the developer of various XRP-based products, has filed yet another new trademark with the United States Patent and Trademark Office, or USPTO.Filed on Nov. 6, a filing for the trademark "PayString" gives scant information as to which business or product will be marketed under its canopy. Indeed, the trademark registration
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