American Express Might Be Joining Metaverse and Web3 World Soon By CoinQuora


American Express Might Be Joining Metaverse and Web3 World Soon
  • American Express (NYSE:) files trademark applications for the metaverse and NFT logos.
  • Mike Kondoudis tweets the detailed news on his official Twitter (NYSE:) account.
  • On the other hand, Visa (NYSE:) was the first to take a step into web3 and cryptocurrencies.

The licensed trademark attorney Michael Kondoudis posted a tweet on his Twitter page saying American Express filed trademark applications for the metaverse and NFT logos. The tweet stated that American Express filed 7 Trademark applications.

The applications included its logos, American Express, AMEX, centurion, shop small, and membership rewards. The company followed its financial peers Visa, JP Morgan, and Mastercard (NYSE:) in knowing Web3.

U.S. Patent and Trademark Office filings dated March 9 hint at how American Express may develop its footprint in the metaverse, making a future version that could be more immersive by using virtual reality (VR) and augmented reality (AR) headsets.

American Express also requested to secure trademarks on software for credit cards, travel, concierge services, a virtual environment for recreation and entertainment, and an NFT marketplace.

The company also announced plans to offer wallet services for digital and blockchain assets, a virtual currency exchange, and digitized and utility token trading services, as these plans were also in the filings.

On the other hand, American Express might be a little late to this, as a couple of its major competitors are already inverted in web3. Take, for example, Visa, which joined this world in August 2021.

Visa shared in a tweet on August 23, 2021, about a collaboration between the company and CryptoPunk #7610. The tweet had a caption that said “Over the last 60 years, Visa has built a collection of historic commerce artifacts – from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection.”

This was the first step into crypto for financial companies, and a lot is yet to come.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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American Express Might Be Joining Metaverse and Web3 World Soon
  • American Express (NYSE:) files trademark applications for the metaverse and NFT logos.
  • Mike Kondoudis tweets the detailed news on his official Twitter (NYSE:) account.
  • On the other hand, Visa (NYSE:) was the first to take a step into web3 and cryptocurrencies.

The licensed trademark attorney Michael Kondoudis posted a tweet on his Twitter page saying American Express filed trademark applications for the metaverse and NFT logos. The tweet stated that American Express filed 7 Trademark applications.

The applications included its logos, American Express, AMEX, centurion, shop small, and membership rewards. The company followed its financial peers Visa, JP Morgan, and Mastercard (NYSE:) in knowing Web3.

U.S. Patent and Trademark Office filings dated March 9 hint at how American Express may develop its footprint in the metaverse, making a future version that could be more immersive by using virtual reality (VR) and augmented reality (AR) headsets.

American Express also requested to secure trademarks on software for credit cards, travel, concierge services, a virtual environment for recreation and entertainment, and an NFT marketplace.

The company also announced plans to offer wallet services for digital and blockchain assets, a virtual currency exchange, and digitized and utility token trading services, as these plans were also in the filings.

On the other hand, American Express might be a little late to this, as a couple of its major competitors are already inverted in web3. Take, for example, Visa, which joined this world in August 2021.

Visa shared in a tweet on August 23, 2021, about a collaboration between the company and CryptoPunk #7610. The tweet had a caption that said “Over the last 60 years, Visa has built a collection of historic commerce artifacts – from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection.”

This was the first step into crypto for financial companies, and a lot is yet to come.

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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