DTTM Operations, a company responsible for managing the intellectual property rights of U.S. President Donald Trump, has recently filed a trademark application with the U.S. Patent and Trademark Office (USPTO). This filing has sparked speculation about potential involvement in the non-fungible tokens (NFTs) and metaverse platforms.
The trademark application includes a range of products related to blockchain-based goods and services. These products encompass accessing NFTs, managing cryptocurrency transactions, virtual reality software and hardware, as well as game software featuring crypto tokens for use in online virtual worlds. The application has been accepted by the USPTO and is currently awaiting examination.
The metaverse concept gained significant attention during the 2021 bull run and attracted interest from prominent brands and celebrities. It refers to a virtual reality world where individuals can interact with each other in a digital environment that transcends physical and geographical limitations.
While the trademark filing does not explicitly reveal the nature or launch date of the platform, it does mention the inclusion of various collectibles related to Donald J. Trump. The filing states that the platform will offer an online virtual environment for the exchange of digital collectibles, including images, sound, videos, and texts featuring Trump.
It is worth noting that Trump has shown support for cryptocurrencies and has even launched his own TRUMP memecoin. He has also ventured into the NFT space, offering collectibles that grant owners access to exclusive experiences such as Trump sneakers, cocktails, and dinners at his golf club in Jupiter, Florida.
If DTTM Operations follows through with the launch of a metaverse platform, it could potentially revitalize metaverse-related tokens like Sandbox (SAND) and Decentraland (MANA). These tokens have experienced a decline in demand since the hype surrounding the metaverse subsided after 2021. However, it is important to remember that filing a trademark does not guarantee the eventual release of a product or platform.
Overall, the trademark filing by DTTM Operations has generated anticipation within the cryptocurrency and metaverse communities. It remains to be seen how Trump’s firm will proceed with the platform, if at all, and what impact it may have on the evolving landscape of NFTs and the metaverse.
