NFT

The Home Depot, an American Home Improvement Retailer, has filed for Web3 Trademarks 🏠

Rahul Kaushik
.
Web 3.0 Research Analyst
Written by
Rahul Kaushik
Published on
November 29, 2022
Read time
2 min read
Category
NFT
Nov 15, 2022

Find out the full story in our weekly NFT Newsletter 👇

Headlines 📰

  • The Home Depot, an American Home Improvement Retailer, has filed for Web3 Trademarks
  • Toy Manufacturer — Mattel Launches its own NFT Marketplace
  • ApeCoin DAO Launches Community-Driven NFT Marketplace

The Home Depot, an American Home Improvement Retailer, has filed for Web3 Trademarks

Image: usatoday

Another household name could be preparing to emerge in the emerging world of Web3. According to trademark attorney Mike Kondoudis, The Home Depot has filed for 24 Web3 trademarks covering its name, logo, and brands. On November 17, 2022, the trademarks were filed with the United States Patent and Trademark Office (USPTO).

Trademarks covering NFTs, virtual goods, and online retail stores were reportedly filed for 17 brands, including Hampton Bay, Husky, and Lifeproof. This suggests that home improvement services in virtual or augmented reality environments may be on the horizon.

Toy Manufacturer — Mattel Launches its own NFT Marketplace

Image: rcinet.ca

Mattel, a global toy manufacturer, has announced the launch of its NFT marketplace on Mattel creations, expanding its portfolio of digital collectibles from its iconic brands. Mattel owns the intellectual property rights to brands such as Barbie, Hot Wheels, Matchbox, UNO, Fisher-Price, and others. NFT collections have been released for the Barbie and Hot Wheels franchises.

The flow blockchain is used to power the marketplace. Mattel intends to integrate a “peer-to-peer trading platform” by 2023, allowing users to easily trade with other users.

ApeCoin DAO Launches Community-Driven NFT Marketplace

Image: ApeCoin DAO

Apecoin DAO, a community-driven organisation of Apecoin owners, has launched its own Marketplace. It was built by Snag Solutions, an NFT infrastructure company that won the community vote (88%) over giants like Magic Eden and rarible.

The marketplace includes NFTs from Yuga labs’ NFT collections such as BAYC, MAYC, Bored Ape Kennel Club (BAKC), and Otherdeed for Otherside. The ApeCoin platform charges a 0.25% platform fee on APE transactions and a 0.5% fee on ETH transactions. In both cases, 0.25% of the transaction fee is returned to the Apecoin DAO treasury.

NFT Statistics 📊

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  • Top NFT Marketplaces Based on Volume
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Rahul Kaushik

Rahul is a former software engineer who is now a writer. After working as a full-stack developer early in his career, he realized that coding was not his forte and began writing blogs, poetry, and articles for sports magazines. He is always torn between Football and Bitcoin as his first love. In his spare time, he enjoys reading books on economics, startups, and business, as well as educating people on personal finance, cryptocurrency, and Web 3.0 on Instagram.

Rahul Kaushik

Rahul is a former software engineer who is now a writer. After working as a full-stack developer early in his career, he realized that coding was not his forte and began writing blogs, poetry, and articles for sports magazines. He is always torn between Football and Bitcoin as his first love. In his spare time, he enjoys reading books on economics, startups, and business, as well as educating people on personal finance, cryptocurrency, and Web 3.0 on Instagram.

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