Social Media Giant Files Multiple Trademark Applications for Crypto and Web 3.0 Technology

Social media giant Meta registers eight new trademark applications related to crypto and decentralized finance (DeFi) technology.

According to recent filings with the United States Patent and Trademark Office (USPTO), the company formerly known as Facebook has applied to trademark several blockchain services and other related crypto technologies in the purpose of launching its proprietary metaverse project.

Meta applied to trademark a social networking and online dating platform, including a specially customized subdivision for users who invest in crypto assets. They also applied for the development technology related to Web 3.0 applications, such as e-commerce, DeFi and games.

Furthermore, the company deposit electronic publishing service marks, some of which are associated with virtual reality, financial transaction services necessary to exchange and pay with cryptocurrencies, metaverse based on virtual reality The advertisementand Communication Services for digital assets on their network.

In addition, they have filed trademarks for downloadable security software for smartphone applications related to cryptography and portable equipment compatible with augmented reality.

According to a declaration Per Michael Kondoudis, a DC-based metaverse and non-fungible token (NFT) attorney, Meta’s stock signals that the tech giant is poised to make a splash in the financial industry.

“These repositories reflect the company’s strategy for moving to the metaverse. Meta clearly has big plans for the virtual economy that will drive it. Meta’s latest trademark filings are sure to be of interest to participants in the financial industry and beyond.

The filings by Meta follow billionaire CEO Mark Zuckerberg announcing that the company’s popular photo-based social media platform, Instagram, will soon begin supporting NFTs.

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Featured image: Shutterstock/Joeprachatree/Natalia Siiatovskaia

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