Football club Paris Saint-Germain filed a trademark application to enter the metaverse, non-fungible tokens and crypto wallets.
Paris Saint-Germain FC, a football club based in the French capital, has long a situation where you buy a cryptocurrency with the expectation of selling it at a higher price for profit later. expressed interest in the crypto world. For example, in 2020 it launched your fan token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. and in 2021 appointed Crypto.com your first trading partner of the cryptocurrency ecosystem.
Now it is going one step further and moving to have a presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a range of services, including software, souvenirs and items linked to non fungible in cryptocurrency, fungibility is when a coin or token can be replaced by any other identical coin or token. tokens (NFT) for authentication authentication is a process that confirms a user's identity using passwords, SMS codes, fingerprints, and other forms of ownership proofs before granting access to sensitive and/or personal information. purposes. But it is also entering the world of wallets and crypto.
That’s because Michael Kondoudis, a patent attorney who has unveiled several trademark registrations in the metaverse, shared the news on Twitter:
PSG is in the Metaverse!
French football club PARIS SAINT-GERMAIN has filed a trademark application covering:
-Multimedia supported by NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility.
-Cryptocurrency transaction management
-Virtual clothing, sports equipment and electronics
PSG is in the Metaverse!
French Football Club PARIS SAINT-GERMAIN has filed a trademark application covering:
— Mike Kondoudis (@KondoudisLaw) March 21, 2022
Metaverse, NFT and crypto transactions
In addition, the trademark application, which was filed on March 16, goes beyond what is expected for a football team: it includes downloadable audio and video recordings, downloadable multimedia files containing text, audio and video related to sports highlights, and products for use offline and/or in online virtual worlds, all authenticated through NFT. In addition to this, and most strikingly, the football club also included a cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. wallet a place where cryptocurrency users can store, send and receive digital assets. software in this app, as well as the ability to manage crypto transactions.
This presentation represents a first step in protecting the brand as it moves into the Metaverse. Clearly, the club sees the potential of the Metaverse and is preparing its brand for the virtual economy that will dominate it.
More teams in the Metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users.
But Paris Saint-Germain is not the first European football club to recognise the importance of the metaverse as an alternative to extend its reach and gain new business opportunities.Otro club de fútbol, el FC Barcelona, reported earlier this month that it is preparing a series of actions to jump into metaverse products, NFT and even have its own cryptocurrency (beyond the fan token).
Sources: Twitter, Bitcoin.com , archivo
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