E-Commerce Giant Ebay Files Trademark Application Covering Extensive Metaverse, NFT Services – Metaverse Bitcoin News

E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services related to Metaverse and non-fungible tokens (NFTs).

Ebay’s NFT, Metaverse trademark application

Ebay Inc. (Nasdaq: EBAY) last week filed two trademark applications with the United States Patent and Trademark Office (USPTO) covering a wide range of products and services related to non-fungible tokens (NFTs) and Metaverse.

“Ebay Inc. is about to enter Metaverse,” Mike Kondoudis, a trademark attorney licensed by the USPTO, tweeted on Tuesday. He explained that the documents show the e-commerce giant’s interest in virtual goods marketplaces, possession of physical and virtual goods plans for online retail stores, NFTs, NFT exchanges and NFT trading. The serial numbers for the applications are 97473696 and 97473620.

The two trademark applications were filed on Ebay a day after the company announced that it had get Knoworigin, an NFT marketplace. The two companies signed and closed the deal on June 21, according to Ebay.

Jamie Iannone, CEO of Ebay, said at the time: “Ebay is the first stop for people around the world looking for the perfect, hard-to-find or unique collectibles, and with this acquisition we will continue to be the leading site as our community grows Add more digital collectibles.”

e-commerce platform started allow The NFT sale last May cited a “massive wave of attention” in the region.

This month, McKinsey & Company said the metaverse could spawn $5 trillion by 2030. “By 2030, it is entirely possible that more than 50 percent of in-person events could be held in a virtual world,” the company noted.

Additionally, a survey conducted in April revealed that the Metaverse will be most popular 70% of respondents agreed that “advances in cryptocurrency and blockchain technology are critical to shaping the future of the Metaverse.” And, Citigroup The Metaverse is predicted to be a $13 trillion opportunity with 5 billion users by 2030, while Goldman Sachs Think of the Metaverse as an $8 trillion opportunity.

What do you think of Ebay filing a trademark application covering Metaverse and NFT services? Let us know in the comments section below.

Kevin Helms

As an Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

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