Formula One Files 8 Trademarks for 'F1' Covering Wide Range of Cryptocurrency and Metaverse Products

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Formula One Files 8 Trademarks for 'F1' Covering Wide Range of Cryptocurrency and Metaverse Products - Cryptocurrency

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Formula One Files 8 Trademarks for 'F1' Covering Wide Range of Cryptocurrency and Metaverse Products

Method One has filed eight trademark purposes protecting a variety of cryptocurrency, non-fungible token (NFT), and metaverse services with the USA Patent and Trademark Workplace (USPTO).

Method One Getting Deep Into Crypto, NFTs, Metaverse

Method One filed eight trademark purposes with the USA Patent and Trademark Workplace (USPTO) on Oct. 5 indicating its plans involving a variety of cryptocurrency, non-fungible token (NFT), and metaverse services.

A USPTO-licensed trademark legal professional, Mike Kondoudis, detailed in a tweet Monday:

Method One has filed eight emblems for ‘F1’ protecting: Cryptocurrency + NFTs, NFT + Crypto marketplaces, Retail shops for digital items, Blockchain monetary transactions, Cryptocurrency buying and selling + mining … and extra.

The trademark serial numbers are 97620234, 97620226, 97620223, 97620220, 97620218, 97620213, 97620210, and 97620208. The purposes had been filed by Method One Licensing B.V., a Netherland-based firm of the Method One Group which claims possession of the emblems associated to Method One and the F1 brand.

Method 1 is the world’s largest annual international sporting occasion, racing in 22 nations throughout 5 continents. “We’ve got over half a billion passionate followers supporting the world’s finest drivers and constructors,” its web site claims.

In February, South Florida Motorsports (SFM), a Method 1 affiliate group, introduced Crypto.com because the official title accomplice of the Method 1 Crypto.com Miami Grand Prix. Nonetheless, Advert Age reported final week that Crypto.com has been “downsizing its advertising and marketing offers and headcount in the wake of crypto winter,” which may have an effect on the crypto agency’s plans with Method One.

Crypto.com grew to become the inaugural international accomplice of Method One’s Dash sequence for 2021 in June final 12 months. Stefano Domenicali, president and CEO of Method 1, stated on the time: “We’re happy to welcome Crypto.com to the Method 1 household, as we proceed to draw progressive international manufacturers anchored in efficiency and innovation.”

What do you concentrate on Method One submitting eight trademark purposes protecting a variety of cryptocurrency, non-fungible token (NFT), and metaverse services? Tell us in the feedback part beneath.

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Mastercard Specializing in 5 Key Areas to Flip Crypto Into ‘an On a regular basis Technique to Pay’

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