HomeCryptoChange of Heart? Kanye West Files NFT and Metaverse Trademark Applications |...

Change of Heart? Kanye West Files NFT and Metaverse Trademark Applications | NEWSRUX

A number of months after publicly criticizing non-fungible tokens, the American rapper Kanye West looks as if softening his stance on the matter. Based on 17 new trademark functions round his YEEZUS nickname, he may quickly launch his personal NFT assortment.

Kanye West’s U-Activate NFTs

One of the influential US musicians – Kanye West – was firmly in opposition to non-fungible tokens. Earlier this 12 months, he mentioned he’s dedicated to constructing merchandise for the “actual world,” urging followers to cease asking him “to do NFTs.” It’s value noting, although, that he completed his assertion with the phrase “Ask me later,” hinting that he had not solely shut the door to digital collectibles.

Newly-filed trademark functions indicated that West sought the USA Patent and Trademark Workplace’s (USPTO) approval to launch “blockchain-based non-fungible property,” “currencies and tokens,” and “on-line retail retailer companies that includes … digital artwork.” Trademark legal professional and Founding father of Gerben Perrott – Josh Gerben – confirmed the information on his Twitter account.

The filings reveal solely a fundamental description of the upcoming merchandise that West plans to introduce. It stays unclear what sorts of NFTs and Metaverse experiences the rapper may launch.

Kanye West
Kanye West, Supply: BBC

Music and NFTs

Quite a few distinguished musicians have already dived into the NFT house. Final summer season, the 15-time Grammy award winner – Eminem – partnered with Nifty Gateway to drop a group referred to as Shady Con.

It included “authentic instrumental beats produced by Slim Shady himself particularly for this launch.” Moreover, the gathering granted the rapper’s followers – often called Stans – the prospect to “personal a bit from this premier drop.”

For his half, Golden Globe-winner John Legend established an NFT platform for musicians and entertainers named “OurSong.” The singer, who serves as a Chief Influence Officer of the challenge, hoped it will be useful for artists who’re about to make their first steps within the business:

“It may be actually intimidating for an rising inventive who needs to share their artwork, their work with the world, share their creativity with the world, however they really feel like they will’t presumably do one thing that’s going to be value that a lot cash. A few of them are constructing that as much as a spot the place they’re even making a dwelling off of their artwork as college students.”

The hip-hop icon Snoop Dogg can be a part of that membership. Two months in the past, he teamed up with Clay Nation to launch an NFT assortment on the Cardano blockchain.

Final however not least, pop star Madonna collaborated with the digital artist Beeple to launch the NFT assortment “Mom of Creation.” The challenge included three single-edition NFTs, which function movies of the singer giving beginning to varied pure objects reminiscent of a tree and butterflies.

Featured Picture Courtesy of BBC

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