Morning News Digest: Mastercard prepares for the virtual ec | Crypto Ocean

Morning News Digest:

Mastercard prepares for the virtual economy filing 15 trademarks for the metaverse and NFTs

Global payment facilitator Mastercard International Inc. (NYSE: MA) is moving into the metaverse as it looks to become a major player in the virtual economy.

Mastercard has submitted fifteen new trademark applications to register Mastercard, its “Circles” logo, and the “Priceless” slogan, according to a tweet sent out on April 8 by non-fungible tokens (NFT) and metaverse trademark attorney Michael Kondoudis.

A range of virtual, crypto, and financial products and services will be covered by patents filed with the United States Patent and Trademark Office on April 4, 2022.

Zara launches NFT series for new clothing collection

The Spanish retailer is launching a new line of Lime Glam clothing and accessories that can be worn on avatars and in the Zepeto multiverse.

Various items of clothing and accessories have become more and more popular in the metaverse lately, Zara states. By purchasing an accessory or piece of clothing in a real store, the customer gets access to a digital version of it. The number of NFTs, Zara warns, will be limited.

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