Source: Nftplazas / Callum
There could be another household name readying itself in the emerging world of Web3. The Home Depot has filed for 24 Web3 trademarks covering its name, logo, and brands, according to a tweet by trademark attorney, Mike Kondoudis. The trademarks were filed with the United States Patent and Trademark Office (USPTO) on Nov 17, 2022.
Trademarks were reportedly filed for 17 brands, including Hampton Bay, Husky, and Lifeproof, which covers NFTs, virtual goods, and online retail stores. This leads one to imagine that home improvement services in virtual or augmented reality environments could be on the cards.
With the rise of successful projects like Decentraland and The Sandbox, the applications in Web3 for retailers like The Home Depot are lucrative. This latest move could see it develop NFTs, virtual avatars, and home improvement goods for use in the Metaverse.
Why waste fuel when you can shop from the Metaverse store? You just need a virtual headset.
Learn more >> The Ultimate NFT Guide
Want more? Connect with NFT Plazas
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.