• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, June 23, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Sony Files For NFT Trademark

by Ujjwal Kumar
September 9, 2022
in News
Reading Time: 2 mins read
0
Sony Files For NFT Trademark. (Image Courtesly: Sony Music)

Sony Files For NFT Trademark. (Image Courtesly: Sony Music)

TwitterWhatsappLinkedin
Sony Files For NFT Trademark. (Image Courtesly: Sony Music)
Sony Files For NFT Trademark. (Image Courtesy: Sony Music)

According to news reports, Sony Music Entertainment has filed for a trademark application for NFT and metaverse. According to reports more companies are attempting to register themselves under, NFT. As per an estimate, the NFTs have received the highest number of applications this year. This number is greater than the application filed, for the metaverse. Reportedly, until August 2022, close to 6000 applications have already been filed under, NFTs.

You might also like

PhonePe Eyes $1.5 Bn IPO at $15 Bn Valuation

Bill Gates Meets Linux Creator Linus Torvalds in Landmark Tech Industry Moment

Ola’s New Subscription Model in Maharashtra Could Set National Trend, Says SEBI Analyst

US Trade and Market officer, Mike Konudouis wrote on his Twitter handle, that Sony Music has filed a trademark application for the Columbia Records logo.

The application filed by Sony also encompasses marketing services, promotion, distribution, advertising and online entertainment which contains podcasts and audio-visual recordings. Reports bring out that, the American company had application for NFTs comes amidst the backdrop of a company applying for a trademark for its other products.

The NFTs

Non-fungible tokens (NFTs) which are believed to be representative of real-world items are unique assets existing in the virtual world. The NFTs have unique codes and metadata which help them distinguish between each other.

Reports bring out that the number of NFTs in the previous year this number was down to slightly above two thousand, according to data provided by the attorney. According, to research conducted, by a research company, the market of NFT is expected to grow further from 3 billion dollars, to 13. 6 billion in the next five years. The same report brings out that the NFT sector is expected to grow at a compound rate of 35%.

Benefits

As per reports, the NFTs are used to eliminate the middlemen and felicitate connecting. Reports also bring out they are also used for managing identity. Reports say, that NFTs can easily be used for simplifying transactions and also to create new mark sheets. Much of the NFTs are said to be used for collectables which comprise digital artworks, sports cards etc.

The recent video music award conducted by MTV the previous month also saw, featuring, online and virtual performances. According to reports, the award also saw the debut of new award categories like Best Metaverse Performance.

Metaverse

The metaverse is said to be a virtual world. The metaverse is the latest in the process of evolution of the web from web 1.o to web3.0. Metaverse is believed to combine together the technology of VR (Virtual Reality) and AR (Augmented Reality) to provide an immersive experience.

 

 

 

 

 

 

Tags: e-commerceSonyVR and AR
Tweet54SendShare15
Previous Post

Tesla evaluating the feasibility of lithium hydroxide refining facility in Texas

Next Post

Smart Devices with Cybersecurity Hazards are the Focus of Proposed EU Laws.

Ujjwal Kumar

Recommended For You

PhonePe Eyes $1.5 Bn IPO at $15 Bn Valuation

by Ishaan Negi
June 23, 2025
0
PhonePe Raises $850 Million in Funding Round as Walmart’s Stake Drops

Walmart Inc.'s financial gem, PhonePe, is getting ready for a huge expansion. According to reports, the firm, which is the biggest digital payments network in India, intends to...

Read more

Bill Gates Meets Linux Creator Linus Torvalds in Landmark Tech Industry Moment

by Rounak Majumdar
June 23, 2025
0
Bill Gates Meets Linux Creator Linus Torvalds in Landmark Tech Industry Moment

In a moment that captured the collective imagination of the tech world, Bill Gates, the co-founder of Microsoft, and Linus Torvalds, the creator of Linux, met face-to-face for...

Read more

Ola’s New Subscription Model in Maharashtra Could Set National Trend, Says SEBI Analyst

by Rounak Majumdar
June 23, 2025
0
Ola’s New Subscription Model in Maharashtra Could Set National Trend, Says SEBI Analyst

Ola, one of India’s leading mobility platforms, has made a significant move by introducing a subscription-based, zero-commission model for drivers in Maharashtra. This strategic shift, which allows drivers...

Read more
Next Post
Smart Devices with Cybersecurity Hazards are the Focus of Proposed EU Laws.

Smart Devices with Cybersecurity Hazards are the Focus of Proposed EU Laws.

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?