Latest News

A report of a current event, knowledge, information

News Image
Jan 19,2022

Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application

As per a new brand name application, Crocs, the American shoe organization situated in Colorado might be diving into the universe of non-fungible tokens (NFTs). Beginning around 2004, Crocs has sold 300 million sets of froth obstruct shoes and the application depicts a convention that can oversee and store computerized collectibles.

Crocs Trademark Filing Describes 'Downloadable Virtual Goods Created With Blockchain Technology, Smart Contracts, in the Nature of Footwear'

A United States Patent and Trademark Office (USPTO) report documented on January 11, 2022, demonstrates that Crocs has an eye on the non-fungible token (NFT) industry. The organization Crocs is notable for its infusion-formed froth stops up since the firm tied down elite freedoms to the exclusive froth item called Croslite in 2004.

The USPTO report shows an item that is altogether unique in relation to froth stops up. The "enlistment is planned to cover the classes of downloadable computerized media to be specific, advanced resources, advanced collectibles, advanced tokens, and non-fungible tokens (NFTs)," the Crocs brand name recording notes. It further proceeds by referencing things like utilizing blockchain tech and shrewd agreements to exhibit Crocs' items. The recording adds:

[The enrollment is expected to cover] downloadable virtual merchandise made with blockchain-based programming innovation and brilliant agreements, in the idea of footwear, clothing, sacks, adornments, and charms for finishing footwear, attire, packs, and embellishments; Downloadable PC programming for making, making due, putting away, getting to, sending, getting, trading, approving and selling advanced resources, computerized collectibles, computerized tokens and non-fungible tokens (NFTs).

As far as deals, Crocs are not generally so famous as they used to be during the initial not many years they were presented and in 2010, TIME magazine added Crocs to the world's "50 Worst Inventions." Crocs, in any case, are as yet worn by VIPs like Nicki Minaj, Kim Kardashian, and Justin Bieber. While the brand name shows an interest in tying down the freedoms to NFT-based Crocs' protected innovation (IP), the organization has not referenced anything about utilizing NFTs as of late.

In the meantime, a huge number of notable brands from one side of the planet to the other have been bouncing into the universe of NFTs. Famous brands like Adidas, Budweiser, Hennessy, Arizona Iced Tea, Samsung, Ubisoft, Konami, Bicycle, Pepsi-Cola, Atari, and Delorean.

Related News