154

Official: Victoria’s Secret forays into NFTs and metaverse with 4 blockchain-related trademark filings

Official: Victoria’s Secret forays into NFTs and metaverse with 4 blockchain-related trademark filings
Jordan
Major
Updated: 23 May, 2022
2 mins read

The metaverse, popularly known as virtual reality, has attracted the attention of a growing number of household personalities and brands in recent weeks and months.

Victoria’s Secret, an American lingerie and beauty brand famed for its high-visibility marketing and branding, is the latest company to take its initial steps into the metaverse.

In a series of tweets on February 13, trademark attorney Michael Kondoudis disclosed that Victoria’s Secret had filed four applications for digital collectibles and media developed using blockchain technology, as well as online clothes and media for usage in virtual worlds.

“Victoria’s Secret is coming to the Metaverse! New trademark applications filed on Feb. 8 indicate @VictoriasSecret plans to offer digital collectibles and media created with blockchain tech and online clothing and media for use in “virtual environments,” the lawyer tweeted.

Victoria’s Secret metaverse trademark applications. Source: tsdr.uspto.gov

The trademarks imply that Victoria’s Secret plans to engage in the metaverse by selling virtual products and services in online and virtual environments.

Mega companies enter the Metaverse

Last week Finbold reported ​​McDonald’s (NYSE: MCD) was set to explore the metaverse. In particular, eleven of the twelve trademarks the fast-food chain filed on February 4 were references to virtual restaurants, symbols, cafés, and other virtual services.

According to the application, McDonald’s would be able to give “downloadable multimedia files” for artwork, audio, and video files, as well as non-fungible tokens (NFTs). 

Elsewhere, following Nintendo’s (TYO: 7974) most recent financial results, the video game giant hinted at its interest in this area and could see ‘the potential’ it had for the company.

Latest News

Join us on Twitter or Telegram

Or follow us on Flipboard Flipboard

Like the article? Vote up or share on your social media

Recommended content

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s

Jordan Major
Author

Jordan is an investor and market analyst. He's passionate about stocks, ETFs, blockchain, and digital assets. At Finbold.com, he delves into the technicalities to obtain future trends for new market traders and gives insights into user-friendly platforms for beginners.

AD