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Jun 14, 2022

A Report Says That NFT Trademark Applications Filed in the United States Has Surpassed 4,000

News, NFT News
NFT Trademark Applications

SNEAK PEEK

  • U.S. NFT trademarks have grown phenomenally in 2022, totaling beyond 4,000.
  • Only 363 trademarks were filed in 2021, during the same period.
  • Maximum trademarks were filed in March 2022.

According to trademark and patent attorney Michael Kondoudis, NFT trademarks in the United States have surpassed 4,000 from January 1 to May 31, 2022.

With the exact number being 4,049, it can be concluded that 27 new trademarks were filed each day in 2022. In 2021, only 363 trademarks were filed with the U.S. Patent and Trademark Office (USPTO).

This year, March was the most productive month, with 1,023 NFT trademarks being registered. The lowest numbers were observed in January with 637 trademarks, while there were 770 trademarks in February, 876 in April, and 743 in May.

Finbold, in mid of February, reported that NFT trademark applications in the U.S. in 2021 stood at 1,263, which represented a 421-fold growth from simply three filings in 2020.

Compared to 2020, the current growth is 1,349 times, surpassing the entire 2021, with 2022 only halfway gone.

According to a recent survey, 64.3% of the 1,318 persons buy NFTs to make money.

Coming to other reasons included community and flexing (14.7%), collecting digital art (12.4%), and accessing games and tools (8.6%).

On June 7, 2022, three major NFT trademark applications were filed.

Kraft Foods filed trademark applications for-

  • KRAFT
  • JELL-O
  • KOOL-AID
  • VELVEETA
  • LUNCHABLES
  • OSCAR MEYER
  • PHILADELPHIA

YETI COOLERS filed 45 trademark applications for-

  • YETI
  • BUILT FOR THE WILD
  • And 8 Other brands

St. Jude Hospital filed trademark applications for-

  • NFTs, NFT-backed media, crypto-collectibles
  • Digital asset + collectible marketplaces
  • Virtual health and wellness products
  • Virtual stores with virtual and non-virtual goods

The next day, i.e., June 8, Arizona State University filed trademark applications for its names and “Red Devil” logo.

The filings intend plans for-

  • NFT-backed media
  • Virtual clothing
  • Virtual environments for athletics, concerts + “educational instruction.”

These recent filings are another proof of the increasing NFT trademark application in the U.S.

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About The Author

Manjul Mishra

Manjul is fond of writing news, blogs & articles based on NFT, crypto and metaverse. With years of experience in writing, she knows how to entice the audience and keep their interest in place. Chasing the most recent moves happening in the technological world, she conveys them through her writing. Apart from writing, she is inclined towards music in her free time.