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American automobile producer Ford Motor Firm is the most recent automobile model prepping its entry into the world of nonfungible tokens (NFTs) and the Metaverse — submitting 19 trademark purposes throughout its main automobile manufacturers.
United States Patent and Commerce Workplace (USPTO) licensed trademark legal professional Mike Kondoudis revealed in a Wednesday tweet that the corporate had filed a complete of 19 trademark purposes overlaying its automobile manufacturers together with Mustang, Bronco, Lincoln, Explorer and F-150 Lightning, amongst others.
The trademark purposes cowl digital vehicles, vehicles, vans, SUVs and clothes for its manufacturers and likewise cowl a proposed on-line market for NFTs.
FORD is making a giant transfer into the Metaverse!
The corporate has filed 19 trademark purposes for all of its main manufacturers claiming plans for:
▶️ Digital vehicles, vehicles, vans, and clothes
▶️ On-line shops for NFTs#NFT #Metaverse #Web3 #NFTs #Ford #Mustang #F150 #Fordtrucks pic.twitter.com/2JK2Nf9jO7— Mike Kondoudis (@KondoudisLaw) September 7, 2022
In accordance with USPTO paperwork filed by Ford on Sept. 2, the automobile producer plans to create downloadable paintings, textual content, audio and video that includes its vehicles, SUVs, vehicles and vans, which shall be authenticated by NFTs.
The corporate additionally revealed plans for “downloadable digital items,” particularly “pc packages” that includes car elements and equipment and clothes to be used in “on-line digital worlds,” together with on-line commerce exhibits performed in digital actuality and augmented actuality.
There are additionally intentions to create a market to advertise the “digital paintings of others” by way of a web site, together with “on-line retail retailer providers that includes non-fungible tokens (NFTs) and digital collectibles.”
Associated: Lamborghini-backed GT racing workforce to authenticate automobile elements utilizing NFTs
Ford’s resolution to enter into the Web3 area comes lower than a month after Ford Govt Chairman Invoice Ford and CEO Jim Farley introduced huge employees cuts from its world workforce to scale back firm expenditure.
Ford isn’t the primary automobile firm to make a transfer into the Metaverse area.
Vehicle firms like Nissan, Toyota, and Hyundai have introduced plans to increase into the quickly rising Metaverse area, whereas luxurious automobile producers similar to Bentley and Lamborghini have already rolled out NFT collections.
