Real Madrid and Barcelona FC begin trademark registration in the metaverse

The teams intend to fix their ownership of virtual clothing, gaming, and crypto transaction management software

13.08.2022 - 11:15

417

2 min

What’s new? Two popular Spanish football clubs, Real Madrid and Barcelona, have filed a joint trademark application in the metaverse. Trademark attorney Mike Kondoudis confirmed this information on Twitter. He noted that the teams intend to record their ownership of virtual clothing and footwear, gaming, and crypto transaction management software.

Football powerhouses REAL MADRID and BARCELONA have filed a joint trademark application covering:⚽️ Virtual reality gaming⚽️ Virtual clothing, footwear, headgear⚽️ Cryptocurrency transaction management software ...and more!#FCBarcelona #RealMadrid #Metaverse #Web3 #Crypto pic.twitter.com/OpqcE9Xf3j— Mike Kondoudis (@KondoudisLaw) August 11, 2022

How do the FCs interact with the crypto space? In March, FC Barcelona president Joan Laporta announced the club’s intentions to create its own metaverse. From his words, it became known about the launch of the club’s digital currency and NFTs. It was noted that the entry into the cryptocurrency market will help Barcelona in the fight against clubs owned by big corporations and investors. FC also partnered with digital auction house Ownix to release an NFT collection but was forced to terminate the contract amid problems with the platform.

In May, English Premier League football club Manchester City announced the release of an NFT collection with 3D images of players. There will be four drops of the team’s tokens at the end of the season. The club’s representatives already signed a partnership agreement with Quidd, an NFT marketplace.

At the end of July, crypto exchange Binance opened ticket sales in the form of NFT for Italian FC Lazio’s games in the 2022/23 season.

Author: