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Queen, HSBC filings hint at NFTs, Yuga teases robot game and more

by Russ Turner
June 21, 2023
in Cryptocurrency
Reading Time: 5 mins read
Queen, HSBC filings hint at NFTs, Yuga teases robot game and more

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HSBC files patents for Metaverse and NFTs

UK banking institution HSBC has filed a series of trademark applications related to the Metaverse and non-fungible tokens (NFTs).

June 12 filing Present to the United States Patent and Trademark Office (USPTO) a bank trademark, including Metaverse Banking, Consulting and Financial Services, as well as a virtual credit card representing the potential launch of Metaverse bank branches and further virtual banking services.

HSBC has also filed trademarks related to online marketplaces specifically aimed at NFTs. This isn’t the first time HSBC has gone virtual. In December 2022, It has been submitted Trademark filings for numerous crypto and NFT related technologies.

Interest in and prices for Metaverse properties have plummeted recently, but regardless, HSBC has seen a growing number of companies show interest in exploring virtual worlds.

In February 2022, JP Morgan became the first bank to open a virtual branch in Decentraland’s Metaverse. Since then, Visa, PayPal and Western Union have all applied for the Metaverse trademark.

Queen’s Eye Metaverse Trademark

HSBC is not the only UK powerhouse looking to virtual worlds. Queen Productions Ltd, the production company that manages the intellectual property of iconic British rock band Queen, has also filed for a series of patents related to the Metaverse and NFTs.

June 12 patent application A report filed with the USPTO shows Queen’s plans to offer NFT-certified media and virtual goods, including clothing, footwear and accessories.

Additionally, Queen is looking into developing virtual and mixed reality software.

Yuga Labs Teases HV-MTL Forge NFT Game

Yuga Labs has announced the launch of its latest NFT game, the ninth in a ten-step game-focused storyline.

Yuga’s June 21st tweet stated that the HV-MTL Forge event will begin on June 29th and will involve users building homes for their respective NFT characters.

First announced in March 2023, the HV-MTL NFT project is a 30,000-piece collection of “Mech” NFTs adjacent to the project’s flagship collection, the Bored Ape Yacht Club (BAYC).

Similar to its predecessor game Dookey Dash, players battle in a competitive tier-based environment. However, instead of competing for high scores, community votes determine the winner.

Users have questioned the future usefulness of sewer pass NFTs that were once used to compete in Dookey Dash, but Yuga recently clearly Burning the pass can summon a “Power Source” that unlocks the “Evo 1 Mech”.

According to Yuga, joining the HV-MTL Forge game will unlock further upgrades for your ‘Mech.

The announcement was met with mixed reactions on Twitter, with some users criticizing the trailer. resemble They were the games you “would have played on Miniclip in 2003.”

Enter Slim Jim’s Mitaverse

This week has been full of announcements related to the Metaverse and NFTs, but American snack brand Slim Gym has even more content.

Jerky Stick Maker, known for its meme-based marketing efforts, announced in a June 21st tweet that it has taken its first steps into Web3 with the launch of the humorously named “Meataverse,” which includes NFTs and cryptocurrencies.

According to Slim Jim, a total of 10,000 NFTs are currently being recruited on their website. The NFT, dubbed “GigaJim,” can reportedly be minted for free on the Ethereum scaling network Polygon (MATIC) and will function as a digital membership card in the future.

Related: Nike teases upcoming ‘Airfolia’ NFT sneaker hunt in Fortnite

Marketed as a way for cryptocurrency and jerky enthusiasts alike to join the “Longboy Gang,” NFTs offer owners access to perks and perks to be unveiled in the near future.

Additionally, GigaJims owners will be able to upgrade their NFTs by collecting Slim Jim’s digital currency, ‘SAUCE’.

Other Nifty news

On June 21, Czech automaker Skoda launched an NFT platform linked to the Layer 1 blockchain Near protocol.

On June 17th, Genius.com co-founder Tom Lehman launched “Ethscriptions,” a new protocol for minting NFTs and other digital assets on Ethereum. Its name comes from the bitcoin ordinal number where the asset is called an “inscription”.

NFT Creators: “Oh my God, I’ve seen that!” — Coldie’s Snoop Dogg, Vitalik, McAfee NFT