Retail Giant Walmart Files New Trademark Applications To Launch Metaverse Games

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

walmart
walmart

Join Our Telegram channel to stay up to date on breaking news coverage

The retail market behemoth Walmart has filed new metaverse-related trademark applications for its retail company Sam’s Club. The multinational value market chain plans to use the brand to launch metaverse games and other virtual products.

Retail Giant Walmart File Metaverse Patents

In an April 4 blog post, Mike Kondoudis, an accredited intellectual property attorney, confirmed that Walmart filed two trademark applications with the United States Patent and Trademark Office (USPTO) related to metaverse on March 30, 2023.

Established in 1962, Walmart is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in various parts of the world, including the United States. Today, Walmart operates more than 10,500 stores in more than 20 countries.

According to data submitted, the retail behemoth anticipates trademarking the Sam’s Club brand and using it to offer entertainment services, including virtual reality games, augmented reality games, and online virtual reality environments.

Furthermore, Walmart has also showcased an interest in launching non-downloadable virtual goods such as electronic appliances, indoor and outdoor furniture, home décor, toys, sporting goods, beauty and personal care products, and pieces of jewelry, among other products usable in the virtual environment.

Other Walmart NFT And Metaverse Ventures

It’s not the first time Walmart has showcased an interest in investing in the crypto industry. On January 31, Walmart filed similar trademark applications with the United States Patent and Trademark Office.

Based on the data submitted, the retail market chain intended to launch downloadable software for managing crypto portfolios, establishing an electronic wallet, and authenticating and viewing NFTs in a virtual environment. Other marketplace giants that have invested in the nascent crypto sector include Alibaba and Amazon.

Related NFT News

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko & CoinMarketcap Api Key to get this plugin works