As of August 2022, more than 3,600 cryptocurrency-related trademark applications have been filed in the United States. This figure exceeds the total number of trademark filings for all of 2021.
More than 3,600 cryptocurrency-related trademark applications have been filed in the U.S., far exceeding the 3,516 total filings reached in 2021, according to data published Sept. 6 by trademark and patent attorney Michael Kondoudis. The total number of patents filed with the United States Patent and Trademark Office (USPTO) at the end of August was 3,899, with more expected to be filed in the coming months. After hitting a high of 604 new filings in March, the number of new filings has steadily declined each month as the market slumps. In August 2022, the number of new applications filed was 329.
Data on NFT and Metaverse-related trademark filings were also released. These patterns appear to be similar to cryptocurrency-related trademark filings, and reached a high in March with 1,078 new filings, bringing the total number of NFT-related trademark filings for the year to over 5,800. In 2021, the total number of new NFT-related trademark applications reached 2,087, well below the number of applications filed so far this year. Several factors have forced the need to register trademarks, including eradicating the ever-increasing number of fraudulent repetitions.
Notably, Sony Music filed a trademark application for the Columbia Records logo and plans to use it for NFT-backed media, music and podcast production, artist management, and music distribution services. Kondoudis announced the news on Twitter:
SonyMusic has filed a trademark application for the Columbia Records logo, claiming it plans to use it for NFT-backed MediaMusic + Podcast production artist management + music distribution service…etc
Regarding applications for Metaverse, Virtual and Web3 applications, the total number of applications submitted doubled from 1,866 in 2021 to 4,150.
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Source of information: Compiled from CRYPTODAILY by 0x Information.The copyright belongs to the author and may not be reproduced without permission