NBA team Brooklyn Nets files for metaverse-related trademark applications

US National Basketball Association team Brooklyn Nets has filed for three metaverse-related trademark applications with the US Patent and Trademark Office, trademark attorney Josh Gerben revealed in a tweet Monday.

The Brooklyn Nets have filed 3 trademark applications for "NETAVERSE."

The filings indicate that the team will offer NETAVERSE branded:

1. Clothing
2. Electronic wallets
3. Concierge services in the metaverse
4. Virtual broadcastshttps://t.co/LJJZbfM8aX#NetsWorld

— Josh Gerben (@JoshGerben) January 24, 2022

Specifically, the NBA team has applied to trademark ‘Netaverse’, an amalgamation of words “Nets” and “Metaverse”, media outlet Boardroom reported on January 24. Per the latest filing, Brooklyn Nets plan to provide entertainment services, merchandise offerings, and downloadable computer software.

Brooklyn Nets has been looking forward to utilizing Metaverse technology. YES Network, which has the official broadcasting rights of Brooklyn Nets, also posted the following tweet on the 16th.

Welcome to the Netaverse! @Grady details a historic debut. #netaverse pic.twitter.com/dmrtn09xd6

— YES Network (@YESNetwork) January 16, 2022

As part of ‘Netaverse’ entertainment services, the team plans to offer a 360 virtual reality experience by using over 100 high-resolution video cameras circling the court. The experience would allow fans to situate anywhere along the sidelines of the court, behind the nets, or even in the middle of the court and watch the game from whatever angle they choose to.

The team also plans to offer virtual merchandise, including “clothing, namely hosiery, footwear, basketball shoes, t-shirts, shirts, polo shirts, sweatshirts, sweatpants, tank tops, jerseys, shorts, pajamas, sport shirts,” and more.

Sports organization National Basketball Association is working closely with the cryptocurrency and blockchain industry. In October last year, NBA signed a multi-year contract with crypto exchange Coinbase to educate basketball fans about cryptocurrency.

In December, FTX.US, a subsidiary of the cryptocurrency exchange FTX, signed a partnership with the NBA’s Golden State Warriors, making FTX its official crypto platform and marketplace for NFTs.

The post NBA team Brooklyn Nets files for metaverse-related trademark applications appeared first on Our Bitcoin News.