ASU, one of the largest universities in the US, filed for seven trademarks with the United States Patent and Trademark Office (USPTO) in connection with several metaverse-related goods and services which hints its potential entry into the metaverse. We’re keen on this idea at District3 because education in this new technology is at the core of our message, so naturally we’re excited to see this potential connection.
The trademark filings made in June 2022 include the University’s name for use in “virtual environments in which users can interact for recreational, leisure or entertainment purposes” as well as for educational purposes.
Josh Gerben, the trademark attorney first disclosed the filings saying that ASU has big plans for the metaverse and web3. Among these include classes in a virtual environment, NFTs for videos of sports highlights, and NFTs for event tickets, artwork of campus landmarks, and authentication of documents.
ASU’s filing shows the massive traction the metaverse—a term used to refer to virtual and augmented reality world’s most commonly built on and powered by blockchain technology—trend is gaining. Previously, Casey Evan, ASU’s senior director of strategic learner and program mobilisation, called online learning the future of education and the school’s “best tool to enable students to continue learning during this time of physical separation.”
An analysis by Bloomberg shows that the expanding metaverse ecosystem could spark growth in other industries, as well as sectors of the digital currency market. Some industries that will likely benefit from the boom include makers of GPUs, VR and AR hardware makers, and development and design software makers.
Similarly, the growth of the metaverse will benefit NFTs and use tokens massively, according to Bloomberg. NFTs are already finding a solid use case for giving users data sovereignty on metaverse platforms.
The trademark filings made in June 2022 include the University’s name for use in “virtual environments in which users can interact for recreational, leisure or entertainment purposes” as well as for educational purposes.
The University filed trademark for use in “virtual environments in which users can interact for recreational, leisure or entertainment purposes”
