Snoop Dogg files 2 NFT and Metaverse trademark applications
Snoop Dogg, an American artist, and songwriter has recently made an effort to expand his influence into the non-fungible tokens (NFTs) and metaverse sectors. On June 14, Calvin Broadus, better known by his stage as Snoop Dogg, filed trademark applications for UNCLE SNOOP and UNCLE SNOOP’S with the United States Patent and Trademark Office (USPTO).
Snoop Dogg’s real name is Calvin Broadus. Michael Kondoudis, a licensed trademark attorney, tweeted about the pending application on June 20th. According to the tweet, “there will be token markets for non-fungible tokens as well as digital things like garments, hats, and shoes as part of the effort.” Non-fungible tokens will also be supported as part of the scheme.
If the idea is accepted, the performer can offer hemp cigarettes and energy drinks in exchange for NFT tokens, which can be used to buy digital or physical products. Snoop Dogg began working on the development of non-fungible tokens (NFTs) and the metaverse with a diverse group of developers early on. He has contributed to The Sandbox and Clay Nation, as well as Bored Ape Yacht Club, where he possesses non-fungible tokens (NFTs). His other passions include the NFTs of the Bored Ape Yacht Club.
It’s vital to emphasize that nontraditional sources of income, or NFTs, enable artists to make a living in unconventional methods (streaming profits). Thanks to blockchain technology, musicians and other creative professionals can now set their own fees, distribute royalties, and form meaningful relationships with their fans.
The singer isn’t the first well-known athlete to show interest in the metaverse. Feingold previously stated that NBA All-Star Kevin Durant, who is currently playing for the Brooklyn Nets, had entered the National Football League’s territory (NFL). At this time, Durant does not have an agent.
As a result, Durant produced a total of 26 apps for the NFT and metaverse. Fans can swap non-fungible media and crypto-collectibles for these assets on a variety of exchanges, in addition to buying and selling media backed by non-fungible tokens.
Despite the fact that people run the program and have complete creative control in the NFT market, huge corporations around the world are beginning to embrace it as a means of engaging with their fan bases. It’s no secret that the English Premier League (EPL), one of the most popular sports leagues in the world, has spawned a slew of digital merchandise. This can be seen in the form of tokens, virtual souvenirs, and digital trading cards.