Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks

Share This Post

Pharmacy Chain CVS Files for 'Crypto-Collectible' and NFT Trademarks

The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods” and “crypto-collectibles.”

CVS Trademark Filings Discuss Virtual Worlds and NFTs

The drugstore giant CVS has filed a series of trademark filings with the USPTO on February 28, 2022, and the registrations were published on March 4. The CVS-Health trademark filing #97287237 discusses a number of virtual items and non-fungible token (NFT) concepts. Section 1(a) in the filing states:

Downloadable virtual goods, namely, a variety of consumer goods, prescription drugs, health, wellness, beauty, personal care products, and general merchandise for use online and in online virtual worlds.

Similarly, section 1(b) is described in the same fashion but also with “digital assets and digital collectibles sold as non-fungible tokens (NFTs).” The CVS Health virtual goods and digital collectibles trademarks follow a slew of well known brands that have also filed similar metaverse-related trademarks with the USPTO.

The fast-food giant McDonald’s filed metaverse-related trademarks with the USPTO in mid-February, and Walmart filed metaverse and NFT-related trademarks in mid-January. New Balance, Puma, and Crocs have filed metaverse trademarks as well in recent times. The CVS trademark filings indicate that the concepts are meant to bolster “entertainment and amusement” and for “use in virtual environments.”

CVS’s NFT idea aims to provide “online digital artwork and images; crypto-collectibles and application tokens used and transferred on software as a service; crypto-collectibles and application tokens accessed on platform as a service; providing temporary use of non-downloadable digital media, namely, digital assets, digital collectibles, digital tokens and non-fungible tokens.”

What do you think about CVS filing for NFT and metaverse related trademarks with the USPTO? Let us know what you think about this subject in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates

Rich Dad Poor Dad author Robert Kiyosaki believes that bitcoin’s price is “about to explode” as the Federal Reserve cuts interest rates He predicted that as interest rates drop,

Ethereum In 2021 Vs. 2024: Fractal Suggests Major Breakout In Q4

Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level Although these concerns were eased with a

Bitcoin holds above $60k amid heavy volatility after FOMC confirms 50bp rate cut

Bitcoin (BTC) experienced heavy volatility on Sept 19 following the Fed’s FOMC meeting but maintained its position above the $60,000 threshold Fed chair Jerome Powell confirmed weeks of

Lawmaker Flags Concerns Over SEC’s Crypto Approach

Congressman French Hill has raised concerns over the US Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership

Solana (SOL) Could Crash 40% If It Stays Below $140 – Top Analyst Shares Insights

Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level This underperformance has raised

Hong Kong Crypto Growth Tops Eastern Asia – How Did It Outpace The region?

Hong Kong’s 86% year-over-year crypto transaction growth is impressive Chainalysis reports that Hong Kong leads Eastern Asia in crypto adoption following this rise The region ranks 30th in