Sony Music Entertainment has reportedly filed a trademark application to the United States Patent and Trademark Office (USPTO) in order to integrate non-fungible tokens (NFTs) into their platform.
The tech and music giant requests approval to cover “Downloadable audio and video recordings featuring live musical performances authenticated by non-fungible tokens (NFTs) and more.”
In detail, Mike Kondoudis, a lawyer and licensed USPTO trademark attorney, tweeted that #SonyMusic has filled trademark application for the Columbia Records logo claiming plans to use it for:
- NFT Backed Media
- Music + Podcast Production
- Artist Management + Music distribution services and many more!
This move indicates the dedication big companies have for NFTs and their potential. According to the United States Patent and Trademark Office, there are currently more than 5,800 applications and patents for NFTs filled in their office in 2022. This number is reportedly x3 times grander than the applications recorded last year.