The world-renowned manufacturer of sportswear and footwear, Nike, sent an application to the United States Patent and Trademark Office (USPTO) to register the Cryptokicks trademark. It has already been published on the site office.

The application is primarily noteworthy description of the trademark – based on it, the company intends to release its own cryptocurrency.

Thus, in the application “Cryptokicks” appears as a token intended for members of the online community, which, in addition, will represent cryptocurrency wallets and online services.

In addition, the document describes plans to create an electronic trading platform that Nike plans to use to distribute its shoes and clothing, and to create a website for participants in the company's program with a separate forum.

According to Josh Gerben, a legal expert on trademarks, Nike certainly has a big business idea, as the company has never been seen in the registration of speculative bids.

Nike has filed a trademark application for CRYPTOKICKS.

The filing indicates that there is a cryptocurrency called CRYPTOKICKS.

Low #nike #cryptocurrency pic.twitter.com/82gAPlzrXy

– Josh Gerben (@JoshGerben) April 24, 2019

You can appeal the Nike application within 30 days, after which the company will secure the “Cryptokicks” trademark for four years. To obtain full rights to use it, a company will need to launch a commercial product with that name during this period of time.

Recall, recently the media reported that the technology giant Samsung is developing its own cryptocurrency.

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