Arizona State University (ASU), one of the largest public universities in the United States, intends to join the Metaverse and Web3 ecosystems. It also plans to issue non-fungible tokens (NFTs) to authenticate tickets and event certificates.
ASU will conduct classes in a “virtual environment”
A series of trademark applications to the United States Patent and Trademark Office (USPTO). disclosed that the university’s future offerings may include NFTs and virtual reality lectures.
ASU intends to release digital collectibles for both indoor and campus events. NFTs depicting the university’s sporting achievements are also expected to see the light of day. Conducting virtual classes, meetings and other projects in the Metaverse is another goal set for the institute.
In a recent tweet, Josh Gerben, trademark attorney and founder of Gerben Perrott, confirmed the rumors.
Arizona State University has big plans for the Metaverse and Web3.
According to USPTO filings filed June 7, @ACS plans to offer:
1. NFT for event tickets and illustrations of campus attractions.
2. NFT for sports video.
— Josh Gerben (@JoshGerben) June 13, 2022
With nearly 150,000 students, ASU is one of the largest universities in the US. Its potential leap into the space of the Metaverse may be driven by the fact that in 2021 (due to healthy measures related to COVID-19), almost 60,000 people have passed their lectures and exams through “digital immersion”.
Bitcoin has been proposed as legal tender in Arizona
Earlier this year, State Senator Wendy Rogers highlighted bitcoin’s virtues, such as its ability to operate independently of a central bank. Arguing that the mainstream cryptocurrency could provide certain benefits to the financial system, she introduced a bill that sought to make it legal tender within Arizona’s borders.
A survey conducted by YouGov showed that almost 30% of Americans agree if BTC becomes an official payment method. Interestingly, residents of the western states (where Arizona is located) were more supportive of such a potential law than residents of other areas.
So far, El Salvador and the Central African Republic (CAR) are the only two regions where bitcoin has been declared legal tender.
Featured image courtesy of 2U
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