Bitcoin, Ethereum, and different prime cryptocurrencies have plummeted to cost ranges not seen in months—if not longer—however that didn’t cease greater than twice as many individuals and firms from submitting Web3-related trademark functions.

In keeping with knowledge compiled by trademark lawyer Mike Kondoudis, some 4,150 functions have been filed for metaverse or digital “goods/services” with the U.S. Patent and Trademark Workplace by Aug. 31 —simply eclipsing the 1,866 filed in 2021.

However it’s not simply metaverse-related trademark functions far exceeding final yr’s totals—filings linked to NFTs and cryptocurrencies have additionally skyrocketed, famous Kondoudis. Corporations and people have filed some 5,800 trademark functions particularly associated to NFTs by August, in contrast with 3,700 in 2021, and three,600 cryptocurrency-related trademark functions have been filed, about 100 greater than all of final yr.

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