GME Entertainment, LLC, the parent company of the American video game, consumer electronics, and gaming merchandise retailer GameStop has filed two new applications for NFT related services.
The applications were filed on Mar 23, the same day that the beta version of GameStop’s NFT marketplace went live. The trademarks were registered for “GAMESTOP NFT” and the logo for GameStop’s NFT marketplace. The trademarks cover:
According to the United States Patent and Trademark Office (USPTO), the services listed above were first offered for use on Mar 23.
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“Gamestop is perhaps the world’s largest video game retailer. Now that Gamestop has started offering NFT-related services, it only makes sense for the company to secure trademark protection for those services, ” said Washington DC-based trademark lawyer Mike Kondoudis.
Mr. Kondoudis added that these filings “continue the trend by gaming brands to secure trademark protections as they prepare to offer NFTs and NFT-related products and services.”
Several brands, companies and public figures have preemptively filed metaverse trademark applications before even launching digital assets. However, GameStop has taken a different approach by filing trademark applications at the same time that it makes its NFT marketplace available for beta users.
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Along with its Q1 earnings call, GameStop announced that it plans to officially launch the NFT marketplace to the masses by the end of Q2. For the beta launch of the NFT marketplace, GameStop has partnered with Loopring so that users can bypass Layer-1 and mint NFTs directly on Layer-2 to avoid costly gas fees.
Prior to the beta launch, GameStop partnered Immutable X to develop its NFT marketplace. Immutable X will also become a Layer-2 blockchain for the platform.
Seth Green has recovered his stolen Bored Ape NFT #8398 after parting with $300k, the Family Guy actor star revealed on Thursday.
Gamestop Files Nft Related Trademark Applications
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Recently spoke to Inngot CEO Martin Brassell to find out how the company intends to change mindsets on IP value and empower more companies to financially capitalise on their investment in intangibles. This week the company announced the release of Intangio, a new tool developed in partnership with Rouse to help Chinese insolvency practitioners set a data-driven reserve price for patents sold on the auction platform operated by Alibaba’s Taobao subsidiary. The first release of the Intangio API investigates the intrinsic quality of the patents and the level of market interest in, and appetite for, patents in the related field of technology. This is driven by analysis of historical Chinese sales of distressed assets at auction and incorporates data from local and international patent databases, as well as from Rouse’s CIELA database of Chinese IP administrative appeals and civil infringement proceedings. Brassell explains: “The growing number of patent auction listings prompted Alibaba to investigate ways of providing trustworthy estimates of likely value at scale to support its users. In such a dynamic and fast-growing environment, this can only be done using a data-driven approach. The insights gained from historical sales and bidder behaviour, combined with intelligent analysis of the assets themselves, have enabled us to build an API which will help insolvency practitioners set a more appropriate base value for every lot they sell.” (
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Firm Forward unveils new principal consultant for Latin America – María Fernanda Cornejo has joined Firm Forward, a marketing and business development agency for business-to-business law firms, as principal consultant, Latin America. Cornejo has served as communications director for companies such as Huawei Technologies and, after more than 10 years working in corporate communication, opened her own legal marketing boutique specialising in directory services, social media and websites. She now joins Firm Forward, where she will help firms in Latin America reach their marketing and communications goals. "We are thrilled to have María Fernanda joining the team, " said company CEO and founder Elyssa LeFevre Chayo. "Her impressive background of law firm work in the precise areas that are the direction of the agency will help us better serve our clients, as well as expand throughout Latin America. She also gives us a trifecta for native-level communication in the region, adding Spanish to the group that already provides services in English and Brazilian Portuguese." (
Pro Consumidor sweeps in on counterfeit food products – The Dominican Republic’s National Institute for the Protection of Consumer Rights (Pro Consumidor) has seized thousands of counterfeit canned goods sold in supermarkets, grocery stores and warehouses throughout the country, reports
. The outlet quotes the director of Pro Consumidor, Eddy Alcántara, who declared that those responsible would be punished for this “abusive and criminal” practice, explaining: “These products were marketed without the proper standard of quality, hygiene, standardisation, using labels of recognised brands, thus simulating that they are from the original manufacturer… This is a practice that threatens the health and safety of people, in addition to affecting the standardised national productive sector.” (
Gamestop Launches Nft Marketplace
Shiseido sells US cosmetics brands to private equity firm – Japan’s largest cosmetics group, Shiseido, has reached a deal to sell three US cosmetics brands to private equity firm Advent International. The company is looking to refocus resources on its skincare unit, with the aim of becoming a global leader in skin beauty by 2030. Earlier this year it agreed to sell its skincare and toiletries business to CVC Capital Partners in a $1.5 billion deal. It is now offloading bareMinerals, BUXOM and Laura Mercier. Shiseido acquired the
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