Formula 1 files 8 trademarks including NFT & Metaverse – Katoch Tubes

Formula 1 &  its trademarks

About Formula1

First held in 1950, Formula 1 is the highest class of international racing with companies like Ferrari, Mercedes participating in the race.

What's the news?

It is reported that Formula 1 has filed 8 trademarks for "F1" covering NFT and Metaverse.

When was it filed?

The trademark was filed with the United States Patent and Trademark Office (USPTO) on October 5

What does it mean?

It will give exclusive rights to Formula-1 to launch NFTs or Metaverse specifically related to "F1" racing.

Worth of F1 NFTs?

Formula 1 is yet to launch its NFTs but if it does so, it may fetch higher value equivalent  to NBA Top Shot NFTs

Million Dollar NFTs

Swipe Up & checkout million dollar NFTs in the crypto market

Learn more

We're on You Tube

Find the best Crypto content only on   Katoch Tubes