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Casio Electronics has revealed plans to venture into the metaverse following its trademark application with the United States Patent and Trademark Office (USPTO). The renowned watchmaker is looking to expand its digital footprint with an eye on NFT watches and virtual goods.
According to CoinGeek, the Japanese electronics manufacturing company is now eyeing non-fungible tokens (NFTs) that it could use in the metaverse. Mike Kondoudis, a renowned USPTO licensed attorney, was the first to reveal that Casio had applied for a trademark that would allow it to launch various digital products in the virtual world.
The filing reveals that Casio will soon release NFT timepieces, clothing items, fashion accessories for avatars, and animation packages that can be activated digitally. Furthermore, the Japan-based G-Shock watch maker also suggested that it will be creating more than just normal objects and can also create music, images, audio and video for AR or augmented reality.
Part of Casio’s application reads, “Providing online non-downloadable virtual clothing, hairstyles, fashion accessories and animation packages for avatars, all for use in an online virtual environment for entertainment purposes.”
Kondoudis also said in his online post that “Casio is entering the metaverse with NFTs and virtual goods. The company has filed a trademark application covering: circle clothing + watches, NFT-enabled media, robots with AI, stores for virtual goods, and more!”
While the trademark application has been confirmed, Casio has yet to announce when it will release the first batch of NFTs or digital collectibles. Some experts have predicted that the company could announce its first fall next year.
Casio has filed its trademark application for NFTs and other goods for the virtual realm, and it is likely to offer retail and wholesale services for its digital collectibles. Furthermore, through its move to enter the NFT and Metaverse business, the company will be able to provide immersive and interactive experiences to its customers.
Photo by: Olga Naida/Unsplash
Source: www.econotimes.com
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