Walmart (WMT) – Download Walmart Inc. report joins a number of other retailers that have established virtual stores and created non-fungal tokens, or NFTs, with plans to produce their own cryptocurrency.
Bentonville, Ark., The retail giant on Dec. 30 filed several applications with the U.S. Patent and Trademark Office, including one seeking to establish a brand for financial services for cryptocurrencies, NFTs and blockchain technology; a financial exchange of virtual currency; creation of digital currency and value tokens for use by the online community; issuing NFTs for use with blockchain technology and various other services involving NFTs, cryptocurrencies, virtual currencies and digital currencies and assets.
Walmart also filed a trademark application for various downloadable e-commerce software products, virtual marketplace, marketing, virtual reality, entertainment, video game consoles, tablets, mobile devices, payments and money transfers, blockchain, cryptocurrency, digital currency, virtual currency and various other applications.
The retailer is looking for a virtual store brand for all products, including electronics, appliances, indoor and outdoor furniture, home furnishings, toys, sporting goods, home improvement, clothing, entertainment recordings, video games, books, publications and most products sold in their bricks. and mortar shops.
Walmart’s investment in virtual retail, NFT and cryptocurrency follows other retailers already in the game. The gap (GPS) – Download Gap, Inc. report on Wednesday launched its first NFTs on Tezo’s blockchain, priced from $ 8.30 to $ 415, which comes with a limited edition, collectible Gap hoodie.
Nike (OF) – Obtain NIKE, Inc. Class B Report in October, filed an application with the Patent and Trademark Office for a trademark on its downloadable virtual goods, including shoes, clothing, and accessories for online use; Retail services of virtual goods; and entertainment services providing non-downloadable online products.