Michael Kondoudis, a patent attorney and trademark attorney in the United States, announced on Thursday that two football titans had recently filed for a crypto trademark application to seek protection for their contributions.
According to the Tweet on Kondoudis’ handle, the two most popular football clubs are searching for trademark protection on virtual products as they plan to explore the Metaverse.
Filing a trademark application was proof that these football clubs have plans to protect their crypto applications, including the transactions made on blockchain technology, including cryptocurrency exchanges and Virtual Reality (VR) software.
The rivals of Spanish La Liga do not just limit the protection to the blockchain world but also opt to cover the digitally created headwear, footwear, sportswear, and clothing accessories.
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As Real Madrid and Barcelona file for trademark protection, the application is liable to cut across e-payment and e-commerce technology. Users will be able to conduct any business transactions by using the network of a computer.
Football powerhouses REAL MADRID and BARCELONA have filed a joint trademark application covering:
⚽️ Virtual reality gaming
⚽️ Virtual clothing, footwear, headgear
⚽️ Cryptocurrency transaction management software
…and more!#FCBarcelona #RealMadrid #Metaverse #Web3 #Crypto pic.twitter.com/OpqcE9Xf3j
— Mike Kondoudis (@KondoudisLaw) August 11, 2022
Real Madrid and Barcelona enter the Metaverse
The fans of Real Madrid across the globe will have the opportunity to visit Bernabeu Stadium, Santiago, and access a series of products offered by the football club, as its plans to enter the Metaverse are solid.
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The first digital project called Madrid’s Virtual World has already been launched by the Spanish club. With these, the football club’s audience worldwide could seamlessly participate in all the activities and interact with all the elements of the club.
Also, Barcelona and Real Madrid have gone so far in the digital world as to launch Fan Tokens.