Muhammad Ali registered as a trademark in Web3 overlaying NFTs and metaverse

The identify of the legendary boxer and activist Muhammad Ali is now protected as a trademark within the Web3 area extending to non-fungible tokens (NFTs) and digital items within the metaverse.

Certainly, the trademark of the boxer nicknamed ‘The Best’, who’s thought to be one of the crucial important sports activities figures of the 20th century, is registered below the U.S. Registration No. 6881575, issued on October 18, in response to a tweet posted by NFT and metaverse licensed trademark lawyer Michael Kondoudis on October 19.

The registered trademark covers NFT-authenticated media that includes Ali, digital clothes, footwear, headwear, sports activities luggage, and tools.

Konduodis informed Finbold: 

“This registration was examined and authorised in lower than a yr, which is pretty fast by USPTO requirements. We count on the identical outcomes for functions for different superstar names. It additionally gives a blueprint for safeguarding superstar names and types as they transition into the metaverse.”

He added:

“We count on this pattern of superstar Web3 logos to proceed as extra celebrities come to acknowledge the necessity for model safety within the metaverse.”

Trademarking superstar names 

It’s price mentioning that the trademark software for Muhammad Ali was one in all a number of filed in late 2021 to trademark superstar names. A few of the others embody Marilyn Monroe and Elvis Presley.

Notably, the Soccer star Cristiano Ronaldo signed an unique NFT partnership with Binance again in June. Many athletes and sports activities organizations internationally are leaping on the NFT bandwagon in an effort to take care of their degree of fan engagement with followers. 

Finbold beforehand reported, skilled basketball participant Kevin Durant of the Brooklyn Nets of the Nationwide Basketball Affiliation (NBA) submitted 26 trademark functions for the NFT and the metaverse.

Lastly, it’s additionally price noting NFT and blockchain-related logos filed within the U.S. surpassed 6,000 already thus far in 2022, 3 times the determine reported for 2021.

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