Meta, formerly Facebook, is planning to escalate its position in the Web 3 sector. The social networking giant has filed for eight trademark applications to operate Web 3 services, including a dating app, especially designed for crypto investors. The move comes in favour of Meta's efforts to strengthen its position in the crypto and metaverse spheres. Blockchain-based Web 3, that is the next phase of Internet as we know today, will have cryptocurrencies and non-fungible tokens (NFTs) as integral elements, that will together enhance the metaverse sector.

Meta is looking to bring in new products and services, built on the blockchain technology to align them with the Web 3 industry. [1]

Figure 1. Meta Files for 8 Web 3-Related Trademarks, Includes Dating App for Crypto Investors

Figure 1 shows according to CoinTelegraph, future plans include launching a new social networking platform, computer software, e-commerce services, telecom services for digital asset owners, and an advertising platform focused on the Metaverse.

In addition, the entertainment and digital publishing services that support virtual reality (VR) and the VR wearable lineup are also attracting the attention of Meta.

Meta is also considering creating software for e-wallets. However, the company has not officially released details regarding the trademark application. It may take several months for Meta to get approval. [2]

In addition, Virtual Reality (VR)-supporting entertainment and digital publishing services along with a line-up of VR wearables are also on Meta’s radar.

Meta is considering to create a software for e-wallets as well. The company has not, however, officially announced any details about its trademark filings. It could be months before Meta gets its approvals.

The average time for the US Patent and Trademark Office to review an application is about nine-and-a-half months, as per a report by CoinTelegraph. [4]

Last week, Meta CEO Mark Zuckerberg said that Instagram will soon gain NFT-related features.

Without elaborating on specifics, the tech mogul said that Instagram users will “hope” to mint their own NFTs on the app in the coming months.

Meanwhile, several other brands have filed trademarks around the Web 3 space in the US in recent days.These include American Express, Slim Jim and the New York Stock Exchange. [3]

References:

1. https://gadgets360.com/cryptocurrency/news/meta-web-3-trademark-digital-assets-files-dating-app-facebook-2840383#pfrom=home-popular
2. https://www.anandmarket.in/meta-files-for-8-web-3-related-trademarks-includes-dating-app-for-crypto-investors/
3. https://www.technologyshout.com/metafiles-for-8-web-3-related-trademarks-including-a-dating-app-for-crypto-investors/
4. https://newslogic.in/tech-news/meta-files-for-8-web-3-related-trademarks-includes-dating-app-for-crypto-investors/

Cite this article:

Thanusri swetha J (2022), Meta Files for 8 Web 3-Related Trademarks, Includes Dating App for Crypto Investors, Anatechmaz, pp. 201