PGA Tour, the organizer of the main professional golf tours in the United States and North America, has filed trademark applications to enter the metaverse and the realm of non-fungible tokens (NFTs).
According to the application, which was submitted to the U.S. Patent and Trademark Office on May 25, 2022, PGA plans to offer:
- Downloadable virtual goods, namely, computer programs for the creation and trade of digital collectibles, represented by non-fungible tokens via a blockchain network;
- Downloadable computer software for managing digital collectible services, a market for transactions, and a registry using blockchain-based software technology and smart contracts for digital collectibles in the field of sports entertainment, featuring professional gold tournaments, players, footage, highlights, data, and more;
- Providing non-downloadable digital collectibles, represented by non-fungible tokens via a blockchain network.
The news was shared earlier today via Twitter by trademark attorney Michael Kondoudis.
⛳️The PGA has plans for NFTs and the Metaverse.— Mike Kondoudis (@KondoudisLaw) May 31, 2022
On May 25th, @PGA filed a trademark application indicating plans for:
▶️ Virtual goods represented by NFTs
▶️ Digital collectibles represented by NFTs
▶️ Digital collectible marketplaces#NFTs #Metaverse #Web3 #PGA pic.twitter.com/5lynH4cjpo