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    Home » Nike will launch Cryptokicks cryptocurrency for its ecosystem

    Nike will launch Cryptokicks cryptocurrency for its ecosystem

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    By BlockchainJournal on April 26, 2019 News
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    Nike has filed an application with the United States Patent and Trademark Office for registration as a trademark of the expression Cryptokicks.

    The application of the shoe giant describes the offer of a cryptocurrency wallet and “downloadable mobile applications giving access to collectible crypto products, crypto art and tokens”, as well as working as an online platform for selling clothes and shoes.

    The document also describes plans for “introducing a digital currency or digital token that members of the online community would use”. This currency will make it possible to carry out transactions using the "unconventional currency system".

    In addition, Nike explains that it intends to retain the Cryptokicks name for “online blogs about collectible goods” and computer online games, such as quests, treasure hunts and obstacle courses.

    The Cryptokicks trademark will be used soon.

    Josh Gerben, a patent lawyer, analyzed the application and tweeted:

    "It looks like an application for a brand for cryptocurrency … this brand says" this is a cryptocurrency called Cryptokicks ".

    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

    Gerben explained that the application was filed on the “1B” form – this means that Nike submitted a legally certified statement indicating that the company intends to use the trademark in the near future.

    After filing an application, Nike’s public figures or competitors may file objections within 30 days.

    In addition, the application includes quite impressive plans for the future: the creation of applications-wallets for mobile devices, the creation of hardware wallets , presumably such as TREZOR or Cool Wallet S , the creation of software that allows you to track and store, send and receive, various cryptocurrency assets, discounts, bonuses, etc.

    It is noteworthy that it is also indicated that it is possible to download software for PCs and phones using “artificial intelligence”. In addition, the mentioned assets of virtual reality, computer games, and more.

    As we have already written, the development of the digital financial technology market continues to gain momentum. This week, Samsung's insider sources reported that the company has stepped up the work of the department developing its own blockchain network, with the prospect of introducing a corporate token. SamsungCoin is planned to be released on the basis of the blockchain network ethirium .

    Publication date 04/26/2019
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