News Report
November 08, 2022

Swiss watchmaker Rolex files Metaverse, NFT, and crypto trademarks

In Brief

Rolex files Web3 trademark applications

The trademarks cover NFTs and NFT marketplaces, virtual goods, and downloadable computer software

Swiss watchmaker Rolex files Metaverse, NFT, and crypto trademarks

Luxury Swiss watchmaker Rolex files crypto, Metaverse, and NFT trademark applications. Mike Kondoudis, the United States Patent and Trademark Office licensed trademark attorney, shared the news on his Twitter. 

According to the application, the Geneva-based company plans to develop downloadable computer software for blockchain technology. The software might function as a digital wallet and contain virtual objects, NFTs, and digital collectibles. 

Then, the trademark applications cover financial patronage and sponsorship services, as well as cryptocurrency transactions conducted with the help of NFTs and other blockchain technologies. The company is planning to hold virtual interactive auctions for digital objects, including watches, NFTs, and art objects. Rolex also plans to provide online spaces for collectors and sellers of virtual watches, watch parts, and related NFTs. 

In addition, the company plans to place marketing campaigns in the Metaverse, following Italian luxury fashion brand Gucci and its “Flora” campaign in Roblox

Swiss watchmaker Rolex files Metaverse, NFT, and crypto trademarks
Mike Kondoudis

Several luxury Swiss watchmakers have entered the Web3 space before Rolex. The “adoption” list features Chronoswiss, which created a Metaverse location of its flagship store in Decentraland, and Franck Muller, who launched an NFT series of limited-edition watches. TAG Heuer issued a model that permits its owners to display their blue-chip NFTs, while Hublot tapped renowned Japanese artist Takashi Murakami to create unique watches and NFT designs.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024