BlockchainCryptocurrencyNewsNFT

University Of Alabama Files Six Crypto-based Trademark Applications

The University of Alabama (UA) has filed six trademark applications with the US USPTO (United States Patent and Trademark Office). The educational institution wishes to offer NFT-related and crypto-related services to its users.

On November 14th, a licensed trademark attorney, Mike Kondoudis, announced that UA had submitted crypto-based trademark applications. Also, the university will trademark its logo and name in the Metaverse.

According to Kondoudis, the six trademark filings cover various areas. For example, they include NFT marketplaces, digital tokens and NFTs, financial brokerage services, and an online store for digital goods.

Furthermore, the tweet revealed that the university filed the applications on November 9th. The NFT-based services the university will offer include downloadable multimedia files covering pictures, audio, artworks, and videos in NFTs.

Users would be able to download these multimedia files as NFTs. In addition, it will offer digital collectibles in sports and athlete-related objects.

There would also be an online store where people can buy digital goods and an NFT marketplace for buying and selling NFTs.

Another service the UA will offer is NFT issuance. It will also provide brokerage services centered on digital tokens, NFTs, and crypto-collectibles.

📰 Also read:  Inflows for Bitcoin ETFs Reach $20 Billion in Just 10 Months

Meanwhile, the crypto industry has experienced increased engagement from top global corporations. This is evident considering the latest spike in crypto-related trademarks filed in the country.

In 2022 alone, there have been several NFT and crypto trademark applications. In addition, several companies have delved into the space.

They range from luxury car manufacturers, tech firms, clothing firms, and financial institutions to government agencies.

The University of Arizona Is Not New To Crypto

On Monday, reports revealed that luxury watchmaker Rolex delved into the crypto space. The luxury watchmaker submitted trademark filings to USPTO on October 31st.

From the filings, Rolex wants to offer crypto-related and NFT services. News of Rolex’s crypto-based trademark applications surfaced not long after other companies, including Visa, Western Union, and Nissan, made similar moves.

Furthermore, several individuals have compared the cryptocurrency market with the internet. They believe companies that enter the crypto sector early have a more significant advantage.

Hence, the growing interest in the crypto sector should not come as a surprise. Several companies want to enter the industry at its beginning stages.

The University of Alabama has also shown interest in crypto. The institution signed a partnership with the blockchain analysis company, Chainalysis in 2020.

📰 Also read:  Harris Campaign Accused of Coordinated Efforts to Sway Public on X Platform

The aim is to provide students with the training and education necessary to gain cryptocurrency-related skills. Similarly, the University of Arizona has also started accepting gifts from donors in the form of cryptos.


Tokenhell produces content exposure for over 5,000 crypto companies and you can be one of them too! Contact at info@tokenhell.com if you have any questions. Cryptocurrencies are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by Tokenhell authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content or banners (ad space) posted on the site. Read full terms and conditions / disclaimer.

📰 Also read:  Harris Campaign Accused of Coordinated Efforts to Sway Public on X Platform

Bradley Nelson

Bradley Nelson is a US based cryptocurrency news writer for Tokenhell, he helps readers stay up to date with the latest trends and news from the blockchain and crypto world. Bradley has been a crypto enthusiast since 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Skip to content