Non-fungible tokens (NFTs) are increasingly being used by individuals, corporations, and institutions as they look for new methods to engage with their audiences in an era of virtual reality, or the metaverse, as it is more often called.
The DMC DeLorean, made famous in the Back to the Future trilogy of movies, is one of The DeLorean Motor Company’s most recent additions to the NFT and metaverse realm.
Both DMC and DeLorean have been trademarked by the DeLorean Motor Company (DMC) in the United States Patent and Trademark Office (USPTO) on May 30.
By way of his Twitter account on Friday, June 3, licenced trademark attorney Michael Kondoudis announced plans for virtual automobiles, NFT-backed media and storefronts that sell virtual cars.
In fact, these filings show a growing trend of well-known individuals and companies showing an interest in the metaverse and NFTs.
In April, McLaren Automotive launched a new McLaren Special Operations (MSO) LAB, a new digital community that represents the company’s metaverse strategy in the form of a new digital platform.
However, NBA star Kevin Durant, who plays for the Brooklyn Nets, is one of the most recent superstars to join the project.
Despite the fact that NFTs are still a relatively new technology, there is significant interest in them. More than 400 times the amount of trademark applications for NFT in the United States were filed in December of 2021, according to research done by Finbold.
As of the beginning of the year, $54 billion had been exchanged in NFTs, a trend that continued throughout the year.
At the end of May, Gate.io’s Chief Marketing Officer Marie Tatibouet made a prediction that NFT values will ultimately exceed the market value of Bitcoin (BTC). There is no doubt in her mind that she is correct.
Also Read: Deputy Governor Of The Reserve Bank Of India Predicts That CBDCs Would Be The Death Of Crypto
Wallets