Deluxe Watch Manufacturer Rolex Goes Into Metaverse With Crypto As Well As NFT Hallmark Applications - Finbold - Finance In Bold

Deluxe Watch Manufacturer Rolex Goes Into Metaverse With Crypto As Well As NFT Hallmark Applications – Finbold – Finance In Bold

Luxury watchmaker Rolex enters metaverse with crypto and NFT trademark applications

The cryptocurrency sector is increasing, as well as its properties are ending up being significantly preferred, leading some popular premium brand names, consisting of high-end watch manufacturer Rolex, to get on the crypto bandwagon themselves.

Indeed, Rolex has actually submitted hallmark applications pertaining to cryptocurrencies, metaverse, as well as non-fungible symbols (NFTs), according to the information released by hallmark and also license lawyer Michael Kondoudis ( The Law Office of Michael E. Kondoudis) on November 7.

Specifically, the deluxe watch manufacturer’s hallmark application recommends strategies to present NFTs, NFT-backed media, NFT markets, crypto tricks and also deals, digital products public auctions, in addition to digital and also cryptocurrency exchange.

Rolex’s crypto/metaverse/NFT hallmark application. Resource: Mike Kondoudis

According to the files, the hallmark was submitted with the United States Patent as well as Trademark Office (USPTO) on October 31 as well as covers “downloadable software program for blockchain modern technology,” electronic purses, “on the internet rooms for customers as well as vendors of online items such as watches as well as watch components,” online atmosphere item positionings, and also a lot more.

Luxury watch manufacturers’ rate of interest in crypto

Meanwhile, Rolex is one more in the lengthy line of renowned watch brand names that have actually identified the charm of the crypto industry as well as applied cryptocurrencies as well as blockchain modern technology right into their items and also procedures.

Back in mid-May, Swiss watch manufacturer TAG Heuer revealed it was approving crypto repayments, consisting of Bitcoin (BTC), Ethereum (ETH), as well as Dogecoin (DOGE) for on-line acquisitions on its United States web site, in collaboration with crypto repayment carrier BitPay.

Two months later on, it was signed up with by Br