American food manufacturing and processing giant Kraft Foods Group has filed NFT and Metaverse patents on several of its popular brands.
The firm joins a slew of major companies such as Gatorade, Nike, Adidas, and Coca-Cola that have moved to secure their products and branding in the crypto/virtual realm.
According to a June 13 announcement by U.S. Patent and Trademark Office (USPTO) licensed trademark attorney Mike Kondudis, Kraft Foods has blocked trademarks for Jell-O, Kool-Aid, Velveeta, Lunchables, Oscar Mayer, Philadelphia and, of course, Kraft brand.
The NFT and Metaverse trademarks cover a wide range of potential services and products, including a virtual restaurant where users can earn rewards and virtual assets, virtual food and drink, NFTs and NFT-backed media, and marketplaces for virtual goods and NFTs.
Kraft Foods has applied for trademark registration
▶️ COOL HELP
▶️ Oscar MEYER
— Mike Kondoudis (@KondoudisLaw) June 13, 2022
At this stage, it’s not clear if Kraft will be releasing any virtual deals or promotions anytime soon, or if it just wants to block the trademarks in advance. However, last year one of his brands already played a small role: Beloved hot dog maker Oscar Mayer sold via eBay in August 2021 a Dogecoin-themed “Hot Doge Wieners” package that contained 10,000 free Dogecoins (DOGE).
Seth Green reunited with his monkey
Seth Green is finally reunited with the NFT Bored Ape Yacht Club (BAYC), which was stolen from him via a phishing scam, with Hollywood actor and co-creator Robot Chicken. statement that Monkey #8398 is “at home”.
After Green’s NFT was stolen a month ago, the scammer sold it to user “DarkWing84” for 106.5 ETH or $144,000. Green immediately contacted the buyer to negotiate the deal online, with the NFT, which he called “Fred Simian”, being of particular importance as its core intellectual property is being used to create the cartoon show.
It appears that the negotiation process must have been lengthy as NFT did not return to the actor until the end of last week.
Since the NFT was locked and could not be bought on OpenSea due to it being stolen, Greene paid 165 ether (ETH) worth approximately $224,300 at the time of writing via the NFT trader’s crypto deposit platform to get his token back, suggesting that he paid a tip of almost 60 ETH to Darkwing84, who returned the NFT in good faith.
Jim Carrey Tokenizes Original Artwork for Charity
Celebrity actor and comedian Jim Carrey is auctioning off an original tokenized artwork dubbed “Sunshine Shower” through SuperRare, with all proceeds going to a non-profit organization that supports food banks in the US called Feeding America.
In addition to being known worldwide as a comedian, Carrey is also a respected artist who creates anything from physical paintings and illustrations to fully animated works.
Pennsylvania pharmacist feeds thousands of homeless people with cryptocurrency
Sunshower NFT is an animated version of a vibrant acrylic canvas painting in which rain and bright colors wash over a man’s face, with a spoken phrase playing in the background.
At the time of this writing, the auction ended in a day and a half, with the highest bid so far at 42.35 ETH, or roughly $57,500.
I have been both blessed and cursed in this life with a vivid imagination and a burning desire to share my idiosyncrasies and inspirations with you. This little mood enhancer is called Sunshower.
I hope this NFT will do for you what it did for me… waaaaaah! https://t.co/vdiwD9v0rd
— Jim Carrey (@JimCarrey) June 9, 2022
NFT trading volume drops
According to data aggregator NFT CryptoSlam, four of the top five blockchains by volume have seen double-digit drops in the past seven days.
During this time, trading volume on industry leader Ethereum was down 28.85% to $176.5M, while second-place Solana also saw volume drop 13.71% to $24.9M.
The biggest losers over the past week are Binance Smart Chain in third place and ImmutableX in fifth place with a whopping 46.59% and 58.63% drop, totaling $4.1M and $1.3M apiece. .
The only blockchain in the top five that has yet to hit a double-digit drop is the Flow network, which took 9%, representing $3.1 million in NFT sales.
Other great news
Gordon Goner, the pseudonymous co-founder of Yuga Labs, issued a warning on June 11 about a possible inbound attack on their Yuga Labs-sponsored social media accounts after receiving “credible information” that a Twitter insider would help bypass account security.
Global payments tech giant Mastercard has partnered with a number of leading NFT marketplaces to enable its 2.9 billion cardholders to make NFT purchases directly without having to purchase cryptocurrency first.
Credit : cointelegraph.com