Share some Bitpinas love:Subscribe to our newsletter!NFT gaming and asset discovery platform MetaverseGo partners with SM Megamall to launch the country’s first NFT execution...

The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.” CVS Trademark Filings Discuss Virtual Worlds and NFTs The drugstore giant CVS has filed a series […]

On 1 February 2022, Moscow Exchange (MOEX), Russia’s main trading venue for equities, bonds, derivatives, FX and money markets, will add shares of 80 international companies including Fidelity Nati...

January 17, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ USDC supply on Ethereum passed USDT for the first time[...]

The post Walmart and Crocs Go Web3 appeared first on Unchained Podcast.

According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs Trademark Filing Describes ‘Downloadable Virtual […]

Crocs, the leading footwear brand is stepping into the world of non-fungible tokens (NFTs), according to a trademark application filed on January 11 with the United States Patent and Trademark Office (USPTO). The trademark filing requests the right to use the Crocs name on NFTs of ‘footwear, clothing, bags, accessories, and charms for decorating’ as well as the software needed to create and sell them. In fact, the application is marked for ‘Downloadable computer software for creating, managing, storing, accessing, sending, receiving, exchanging, validating and selling digital assets, digital collectibles, digital tokens and non-fungible tokens (NFTs).’ The filing indicates that the footwear brand is preparing to issue NFTs, according to a well-known crypto-intellectual property lawyer. Its counsel, WilmerHale, filed on an ‘intent-to-use’ basis, meaning Crocs has a bona fide intention to use it in commerce. This is not the first time a show brand is moving into digital wearables. In December 2021, Nike bought NFT collectibles startup RTFKT, a virtual shoe company that makes NFTs. Even Adidas scooped up $23 million in sales after its first NFT drop. NFTs could spell a lucrative new business for the publicly traded Crocs, which posted 67 percent revenue growth year over year in 2021. Executives initially spoke of the company’s digital focus in its Jan. 11 earnings call but made no mention of the metaverse. Founded in 1999, Crocs has a market cap of $7.4 billion. The shoe company sells its products in approximately 80 countries through wholesalers, retail stores, e-commerce sites, and third-party marketplaces.

The post Footwear Brand Crocs Files For NFT Trademark appeared first on Cryptoknowmics-Crypto News and Media Platform.

Crocs, the popular shoe company, is looking to get into NFTs, according to a trademark application filed on January 11.

The post Shoe company Crocs is eyeing an NFT play, according to trademark application appeared first on The Block.