Trump company files trademarks for branded metaverse, NFT marketplace
DTTM Operations, a company owned by former US President Donald Trump, has recently made a bold move in the world of cryptocurrency by filing trademark applications for the word “TRUMP” in relation to the emerging metaverse and NFT marketplace.
The metaverse, a virtual world where users can interact with each other and digital assets, has been gaining popularity in recent years. With the rise of non-fungible tokens (NFTs), which are unique digital assets that can be bought and sold on the blockchain, the metaverse has become a hot topic in the tech and finance industries.
DTTM Operations’ decision to trademark the word “TRUMP” in connection with the metaverse and NFT marketplace is a strategic move that could potentially secure the company’s position in this rapidly growing market. By trademarking the word, DTTM Operations would have exclusive rights to use it in the metaverse and NFT space, potentially giving them a competitive advantage over other companies.
This move also reflects Trump’s interest in the world of cryptocurrency. Despite his previous criticism of Bitcoin and other cryptocurrencies, Trump has recently shown a growing interest in the industry. In June 2021, he stated that he believes Bitcoin is a “scam” and that he would not invest in it, but also acknowledged that it has potential to become a currency. This trademark filing further solidifies Trump’s involvement in the crypto world.
However, this move has also sparked some controversy. Some have criticized Trump for trying to profit off of the metaverse and NFT craze, while others see it as a smart business move. Regardless, it is clear that the metaverse and NFTs are becoming increasingly mainstream, with even former presidents getting involved.
It remains to be seen how DTTM Operations’ trademark applications will be received and if they will be approved. But one thing is for sure, the metaverse and NFT marketplace are here to stay, and Trump’s involvement in this space is a testament to its potential for growth and innovation.
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