eBay Ventures Into Metaverse and NFTs World

After submitting numerous trademark applications for various products in the metaverse, American eCommerce juggernaut eBay is the most recent well-known brand to show interest in the area.

The business submitted applications for non-fungible tokens (NFT), NFT markets, NFT trading, and online storefronts for both physical and virtual items. On June 23, the USPTO (the United States Patent and Trademark Office) received the application.

On June 28, registered trademark attorney Michael Kondoudis tweeted about the application. In his tweet, he said: –


This decision seems to have been taken after seeing the current ongoing economic meltdown. However, this scheme will help in attracting more customers to this business. Despite being a pioneer marketplace, Finbold revealed that the company’s shares had been downgraded on June 28 after losing more than 30% of their value overall.

According to the application summary, the eBay metaverse startup plans to provide services including an interactive website that lets users interact with blockchain-based digital assets. The business also plans to offer exchange services for NFTs.

Other brands like eBay are also interested in Metaverse

  1. Amazon
    One of eBay‘s biggest rivals, Amazon, has also shown interest in the metaverse. By announcing ambitions to enhance consumer satisfaction with Amazon View, a virtual augmented room. Users can view a 3D floor layout of their home thanks to the product.
  2. Mars Inc.
    They also submitted an NFT application for M & M trademark.
  3. McDonald’s and KFC
  4. De Lorean
    They also submitted two trademark application

According to a Finbold analysis, almost 4,000 NFT-related trademarks were registered in the US between January 1 and May 31, 2022.

For more crypto-related information and news visit Suncrypto Academy.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date. Occasionally unintended errors or misprints may occur. We recommend you to please do your own research or consult an expert before making any investment decision. You may write to us at [email protected].

Leave a Comment

Related Posts

Crypto Weekly Technical Analysis

Crypto Weekly Technical Analysis| 12 February

The events of the previous week prompted positive sentiment in the crypto world, and we

Weekly Crypto Market Updates

Weekly Crypto Market Updates | 05 February

The events of the previous week prompted negative sentiment in the crypto world, and we

Weekly Crypto Updates

Weekly Crypto Updates | 29 January

The events of the previous week prompted bullish sentiment in the crypto world, and we