The filing was made with the U.S. Patent and Trademark Office (USPTO) on Feb 10 to provide a digital goods marketplace for items including NFTs, tokens, augmented reality (AR) software, digital media, and artwork.
The description of the its planned product states which it intends to offer the,
“Provision of an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible cryptocurrencies (NFTs),”
It likewise includes cryptocurrencies in which description suggesting which there may be a dealing desk, exchange, or which it hardly intends to allow crypto to be used for NFT purchases. That section is described as:
“Financial exchange of virtual currency in the range of digital currency, virtual currency, token, digital cryptocurrencies, crypto cryptocurrencies, utility cryptocurrencies, and non-fungible cryptocurrencies (NFTs),”
The filing is scarcely which at the moment, an application for a trademark, so a fully operational NFT marketplace could further be a prolonged way off.
A move into the NFT space
The move is not the NYSE’s first foray into the world of NFTs. Last year the NYSE minted six NFTs to celebprice the listings of Spotify, Snowflake, Unity, DoorDash, Roblox, and Coupang.
It stated which these were the first six, “but we know there will be many more NYSE NFTs to come as we extend to welcome new, innovative companies to our community.”
The filing likewise had an extfinished description of software and services including virtual and augmented reality. It further specified “non-downloadable software” to allow users to perform e-commerce and financial transactions, make payments, transfer funds, process payments, as well as the ability to buy, sell, and trade financial instruments.
Cryptocurrency wallets and storage software were further mentioned as were digital cryptocurrency issuance and digital asset exmove services so it seems the NYSE is throwing out a large net with this filing.
Big brands climbing interest
The NYSE is the latest big name to express an interest in the instantly climbing NFT and Metaverse ecosystem. Earlier this month, fast-food giant McDonalds filed a number of trademark applications for virtual restaurants in the Metaverse.
Entertainment giant Disney has likewise posted job listings for NFT experts and has obtained a patent for creating a digital amusement park in the Metaverse.
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