Current U.S. trademark information confirmed that curiosity in Non-Fungible Tokens remains to be elevated in 2022. The variety of NFT trademark functions filed to this point this yr has already surpassed all of final yr’s functions.
1967 NFT-related functions have been filed to this point in 2022, larger than the 1965 functions filed final yr, in accordance with information from mental property lawyer Mike Kondoudis.
The info signifies {that a} increase in 2021, which took whole market valuation to $25 billion from $95 million in a yr, has proven no signal of slowing down.
Fashionable manufacturers bounce into NFT adoption this yr
Their rising reputation via 2021 has now seen a number of well-liked manufacturers making use of for NFT and metaverse-related logos. Current trademark information reveals Burger King, Playboy, WWE and DKNY all have plans to concern NFTs, and achieve a presence within the metaverse. Card operator American Express additionally lately utilized for NFT-related logos.
A number of main know-how corporations have additionally sought to capitalize on the NFT craze by launching their very own marketplaces. Videogame retailer GameStop’s market, which is predicated on Loopring, went live earlier this week. Japanese social media big Line additionally introduced its personal NFT marketplace.
Fb proprietor Meta lately revealed plans to introduce NFTs into its broadly used social media platform instagram- a transfer that’s more likely to increase mass adoption of the medium.
Superstar curiosity in NFTs additionally grows
The medium’s rising reputation has additionally attracted a bunch of celebrities into minting their very own tokens. Earlier at this time, well-liked rapper Snoop Dogg launched a brand new assortment of music tokens themed round ApeCoin (APE) and the Bored Ape Yacht Membership.
New entrants to the NFT world this yr embrace NBA star Lebron James, in addition to singer Cher and motion film star Chuck Norris, who have been all seen making use of for token-related logos.
The rising reputation has additionally enabled main gamers to department out into different tasks. Yuga Labs, creator of the Bored Ape Yacht Membership NFTs, lately launched a new token, and unveiled plans to create its personal metaverse recreation. The agency additionally purchased the rights to CryptoPunks, the second-biggest NFT assortment after Bored Ape.
Disclaimer
The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
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