Muhammad Ali’s name is now protected as a trademark in the Web3 area, which includes non-fungible tokens (NFTs) and virtual commodities in the metaverse.
According to a tweet posted on October 19 by NFT and metaverse licensed trademark attorney Michael Kondoudis, the trademark of the boxer nicknamed ‘The Greatest,’ who is regarded as one of the most significant sports figures of the twentieth century, is registered under the U.S. Registration No. 6881575, issued on October 18.
The registered trademark includes Ali-related NFT-authenticated material, virtual clothes, footwear, headwear, sports bags, and equipment.
Muhammad Ali’s trademark application was one of the dozens submitted in late 2021 to trademark prominent names. Marilyn Monroe and Elvis Presley are among the others.
Notably, Cristiano Ronaldo, the football star, struck an exclusive NFT collaboration with Binance in June. Many sportsmen and sports organizations throughout the world are hopping on the NFT bandwagon in order to maintain their level of fan involvement.
CoinCu reported in August that the music star Miley Cyrus joins a slew of organizations and brands foraying into the digital space after submitting two trademark applications with the United States Patent and Trademark Office (USPTO).
It’s also worth mentioning that the number of NFT and blockchain-related trademarks filed in the United States has already topped 6,000 in 2022, which is three times the amount recorded for 2021.
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