Walmart has submitted a trademark application for its subsidiary Sam’s Club, an American chain of membership-only retail warehouse clubs, in order to join the world of non-fungible tokens (NFTs), metaverse, cryptos, and blockchain.
According to trademark applications filed with the USPTO on January 31, the company plans to provide:
- NFTs;
- an online marketplace for buyers and sellers of downloadable digital art images authenticated by NFTs;
- downloadable computer programs for data authentication via blockchain;
- virtual reality and augmented reality experiences;
- downloadable software for use with digital currency, crypto currency, and virtual currency;
- digital currency wallet and storage services software;
- Cryptocurrency exchange services;
- and more.
Michael Kondoudis, a trademark attorney who specializes in Web3-related applications, tweeted the news earlier today.
These trademark submissions follow those filed by Walmart last June in order to begin creating and selling digital items. In September, it announced the debut of two new Roblox metaverse experiences, Walmart Universe of Play and Walmart Land.