Nike Hops In The Crypto Wagon And Unveils Blueprint For Crypto Marketplace
This year seems to become more and more prolific for the crypto space.
More industries seem to get into the FOMO mode and enter the crypto space which can only lead to increased recognition of the value of digital assets and the underlying technology – the innovative blockchain.
Regarding cryptos, this year prices are expected to head to the moon once again, and there’s also a prediction saying that we’ll be witnessing mass adoption.
Nike enters the crypto arena
Nike seems to be supporting the main goal of cryptos – mainstream adoption.
The company may introduce digital assets to millions of athletes and sports enthusiasts all over the world with their latest move.
The largest supplier of athletic shoes and apparel in the world has reportedly filed a trademark application for “Cryptokicks” with the United States Patent and Trademark Office.
The Daily Hodl reports that the application suggests that Nike is getting ready to hop into the cryptosphere and will be exploring several blockchain-related products and services which include the following:
“Online marketplace services, namely, providing a marketplace for buyers and sellers of digital currency assets; Operating an online marketplace featuring footwear and clothing; on-line retail store services.”
The official note continues with: “Electronic bulletin board services; Providing on-line forums for transmission of messages among computer users; Providing on-line chat rooms and electronic bulletin boards for transmission of messages among users in the field of cryptocurrency and digital currency assets; electronic messaging services.”
Nike has filed a trademark application for CRYPTOKICKS.
The filing indicates that Nike is intending to launch a cryptocurrency called CRYPTOKICKS.
— Josh Gerben (@JoshGerben) April 24, 2019
Nike may launch a crypto
There’s also a video review of the application in which trademark lawyer and founder of Gerben Law Firm, Josh Gerben, provides several reasons why he believes the application indicates the company’s intent to launch a cryptocurrency.
Nike’s application has been submitted on April 19, and the online publication mentioned above says that it has not been reviewed yet.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.