U.S. multinational automaker Ford filed 19 trademark applications for all of its major brands in order to enter the metaverse and the non-fungible token (NFT) space.
According to the applications, shared via Twitter by trademark attorney Michael Kondoudis, the company plans to offer:
🚨🚨FORD is making a big move into the Metaverse!
The company has filed 19 trademark applications for all of its major brands claiming plans for:
▶️ Virtual cars, trucks, vans, and clothing
▶️ Online stores for NFTs#NFT #Metaverse #Web3 #NFTs #Ford #Mustang #F150 #Fordtrucks pic.twitter.com/2JK2Nf9jO7
— Mike Kondoudis (@KondoudisLaw) September 7, 2022
- Virtual cars, SUVs, trucks and vans, ground vehicle parts and accessories, and apparel;
- Online retail store services with NFT and digital collectibles.
- While Ford’s plans with Web3 are still unknown, the filing of these applications is a strong signal of the company’s future focus.
Other automakers on Web3
So far, other automakers have made their voices heard through metaverse and NFT projects.
Last December, Porsche celebrated its 70th anniversary in Australia by launching three pieces of NFT digital art featuring the Taycan Turbo.
In addition, Lamborghini has announced three NFT initiatives: the auction of an Aventador Ultimae with a linked NFT, the unveiling of its “Space Time Memory” NFT project, and the announcement of its third NFT effort in partnership with NFT PRO and INVNT.ATOM.
Hyundai and Kia are two other automakers participating in Web3.
Mercedes-Benz, Hyundai, Lamborghini, Bentley and other major automakers have also released their own NFT collections.
Luxury hypercar maker W Motors entered the Metaverse space in August.
Earlier this week, Renault Korea, the French automaker’s South Korean subsidiary, and The Sandbox, a popular Metaverse platform, introduced virtual car experiences.
Alfa Romeo also incorporated NFT into its vehicles to store maintenance records.
While automakers are entering the NFT space at a rapid pace, it is unclear whether or not this Metaverse rush will produce robust use cases.
Trademark applications are on the rise
Metaverse and NFT-based brand applications are increasing at a massive pace. More and more companies are coming forward not to be left behind and acquire market share to deliver innovative experiences.
Recently, Hooters, Taco Bell, KFC, Burger King, Panera Bread, McDonald’s, Wingstop, Panda Express, Tyson Foods, Carl’s Jr. and others have already filed trademark applications to express their intentions to enter the metaverse with virtual food and beverages and offer NFTs.
Follow us on our social networks and keep up to date with everything that happens in the Metaverse!.