Walmart is shifting to the NFT domain and moving to the metaverse.
The applications that were filed with the patent commodity state Commission indicate that one of the largest US companies, Walmart, is going to switch to NFT and launch its cryptocurrency assets.
According to CNBC, applications in order to register the original trademarks were submitted to the patent commodity state Commission on 30.12.21. 7 applications were made, which indicate the company’s plans to create and sell virtual products later. Another statement indicates future plans for the release of its cryptocurrency assets and the NFT complex. The company pays special attention to “stable and continuous research of the latest technological tools and their impact on customers.”
“Walmart always tests the latest technologies. Individual ideas turn into finished products or service. Other ideas are being tested to gain experience” – this is what the company’s applications say.
- Gerben, as a trademark attorney, says that these statements contain a large amount of data about how Walmart will act in the future. Nowadays, most large companies understand that the field of NFT is very important. This leads to the protective activity of trademarks in this industry. Gerben is waiting for other retailers to enter this market soon, which follows due to the popularization of NFT.
It should be recalled — in 2021, Walmart stores were equipped with cryptocurrency vending machines in the amount of more than 200 pieces.
