US trademark applications for metaverse and NFTs at all-time high
Recent data reveals that since January 2022, there have been more US trademark applications for crypto assets, NFTs, Web3, and the metaverse than during all the months in 2021. The number of applications has more than doubled, with March 2022 seeing the highest number of filings for all types of trademark applications.
Mike Konduodis, an intellectual property lawyer, stated that individuals and businesses filed over 3,600 trademark applications for crypto-related services with the US Patent and Trademark Office in 2022, whereas in 2021, there were 3,516.
When it comes to NFT applications, they have also increased from 2,087 in 2021 to more than 5,800 in 2022. The number of trademark applications for the metaverse and Web3 has more than doubled, with nearly 4,150 applications for the metaverse and Web3 in 2022, and only 1,866 in 2021.