A change of heart about NFTs
Kanye West seems to have changed his mind about Web3 and non-fungible tokens (NFTs). Last January, the rapper, producer and fashion designer shared a photo on Instagram a handwritten note written on white paper: ” Do not ask me to make a damn NFT Before adding at the bottom of the page: ask me later “.
Despite this mood swing, he now seems to have changed his mind if we stick to it Trademark applications filed with the United States Patent and Trademark Office.
Take effect, Kanye West’s Mascotte Holdings filed 17 trademark applications with the US authorities on 27 May. Among these brands, some mention the terms “non-fungible assets”, referring to NFTs and “metaverse experiences”.
One of the requests concerns the possibility of ” provide an online marketplace for buyers of collectibles, coins, tokens and crypto- and digital assets “.
The U.S. Trademark Lawyer Josh Gerben, the founder of Gerben Intellectual Property, which filed over 7,000 trademarks on behalf of its customers, discovered the registrations and tweeted about them:
Kanye West has filed 17 new trademark applications around his YEEZUS name.
– Josh Gerben (@JoshGerben) June 1, 2022
As the lawyer points out, all requests are for the use of the YEEZUS trademarkwhich was the name of the rapper’s album from 2013 as well as the name of one of his tours.
Is Kanye West preparing its own crypto and NFT exchange platform called Yeezus? We will know soon.
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Trademark applications still very vague
While this may arouse curiosity among many of the rapper and crypto fans, it is not yet clear what the purpose behind these trademark applications is. Unfortunately, requests contain only very short descriptions potential product offerings and does not provide information on types of NFTs that Kanye West could sue or further the type of metaverse experiences which he could offer.
Applications also cover a wide range of potential products outside the crypto spaceincluding clothing, video games, retail stores, theme parks, cosmetics and more.
American rappers are interested in Web3
If Kanye West wants to join the Web3 domain with NFTs and the meta-verse, it’s definitely because other top American rappers have already taken an interest in it.
Snoop Dogge.g, released several NFTs and collaborated with The Sandbox, a metaverse based on the Ethereum blockchain. He wants that too from the famous American label Death Row founded by Dr Drethe 1st label for NFTs and the metaverse.
Snoop Dogg also claims to be the pseudonym for Cozomo de ‘Medici, a high-value NFT collector.
Last January, famed rapper Eminem purchased an NFT from the Bored Ape Yacht Club (BAYC) collection for a sum of $ 450,000.
Nas is another American rapper who quickly became interested in this universe: it was him an early Coinbase investor and released musical NFTs via the Royal Platform.
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