Global pet and animal food manufacturer Mars Inc has registered its Pedigree trademark for the purpose of creating new products and services for the virtual world. This and more news is in this handy daily digest so you're always up to date with the latest events happening within the crypto world.
Mars Inc registers one of its trademarks for the metaverse
📍Mars Inc plans to introduce new virtual pet products and services in the Metaverse. From virtual drinks and candy in NFT format to digital service stores, Mars Inc appears to be planning a series of new brand experiences in the virtual world.
The patent application filed by the company with UPSTO outlines its interest in creating virtual pets for the Metaverse, as well as offering virtual adoption and consultation services. The creation of virtual homes for pets is also included in the patent filed by the company.
Trademark attorney Mike Kondoudis shared part of the trademark application filed by Mars Inc for its Pedigree brand.
Meta will continue its big bet on the Metaverse
📍Mark Zuckerberg's social media company has recorded losses of billions of dollars in the past year. However, its founder, Mark Zuckerberg, remains firm in his commitment to lead the technology of the Metaverse. results for the fourth quarter of 2022 reflect losses of around $13.700 billion for the social media company.
Meta changed its corporate name at the end of 2021, making clear its vision of leading the metaverse and building new social experiences based on virtual reality and augmented reality.
FDIC backs bank to provide cryptocurrency services
📍Financial services firm LevelField Financial plans to offer cryptocurrency services to its clients. LevelField Financial is acquiring an institution regulated and supervised by the U.S. Federal Deposit Insurance Corporation (FDIC).
According to Bitcoin Magazine, LevelField Financial is acquiring Burling Bank, giving the financial services firm the ability to offer its customers and users a full line of financial services, including Bitcoin and crypto assets.
Drops, a tool for NFT creators on Opensea
📍Opensea has launched a set of new tools for its creators. These are Drops, a new feature that allows creators to launch new immersive experiences through NFTs.
On Drops, creators can launch crypto collections in partnership with the Opensea marketplace, deploy smart contracts on all Ethereum Virtual Machine (EVM)-compatible chains, configure the mechanics of new drops, customize landing pages using various editing tools, and much more.
Opensea has been developing Drops in several phases and promises to open up new features and possibilities for creators in the future to continue optimizing their experience and boosting their art and brand projects.
Continue reading: UK launches consultation on cryptocurrency regulation
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