Friday, April 26, 2019

Nike Files Trademark Patent for "Cryptokicks," Signaling Its Own Cryptocurrency Launch

Following its “Footware” application earlier this month, Nike is adding more legal prowess by filing a trademark patent for “Cryptokicks.” As reported by Bitcoinist, details listed on the U.S. Patent and Trademark Office’s (USPTO) website indicate that the company may be headed to launch its own cryptocurrency network. The application outlines several goods and services in which the term would apply, such as cryptocurrency software wallets and hardware wallets, “operating an online marketplace featuring footwear and clothing,” and “downloadable computer software for managing cryptocurrency transactions using blockchain technology.” Several other elements are expected to be covered under the trademark, including points signaling that a potential mobile app may be underway in conjunction with the “Cryptokicks” wordmark.