The crypto-related trademark applications were two-thirds lower in the U.S. in Q1 2023 than in the same period last year.
The
U.S. Patent and Trademark Office (USPTO) received only 559 applications
during the quarter, with a 66.1% decline from 1,649 in Q1 2022.
- Metaverse-related
trademark applications also saw a 45% decrease, with 835 filings in Q1
this year, down from 1,819 in the first three months of last year.
- Similarly, NFT-related trademark filings fell to 885 between January and March from 2,530 applications made in Q1 2022.
- Applicants
filed for 5,850 metaverse-related and 7,746 NFT-related trademark
applications throughout 2022, with significant jumps from the previous
year.
- 2022
was also a record-breaking year for crypto-related trademark
applications and saw 5,383 filings in the U.S., up from 3,570 in 2021.
- The
data regarding the trademark applications was shared by a trademark and
patent attorney, Michael Kondoudis, citing the numbers from the USPTO.
