It has been truly said that 2022 is going to be the year of NFTs and Metaverse. In the beginning, it was believed that Metaverse is the concept only for Social Media and gaming companies. However, as time passed Food industry also found Metaverse the next big thing and now the finance sector is also moving in. The most recent finance news is American Express in Metaverse.
Last month JP Morgan open up the lounge, “Onyx Lounge,” in the Decentraland Metaverse. So, now to establish a leadership role in the Metaverse. American Express, the world’s second-largest payment processor, is out with its Metaverse plan. It is all set to join its financial peers Visa, Mastercard, and JP Morgan in exploring the upcoming internet technology that is Web 3.0.
Is American Express planning to launch the NFTs? Or is it going to start the Crypto services in the Metaverse, or are the plans even bigger? Are they thinking of bringing in the Virtual Banking and exchange services together in the Metaverse?
We know there must be a number of doubts running around in your head right now. Well, fret not because this post on “American Express In Metaverse” will clear all your doubts. So, what are we waiting for? Let us start with a detailed overview of the News.
American Express In Metaverse
American Express has filed seven trademark applications with the USPTO (United States Patent and Trademark Office) for setting up its foot in the upcoming Web 3.0 era. The applications filled are linked to its iconic centurion logo and the Virtual services that the company is planning to provide its user in the Metaverse.
There is no doubt that Metaverse is the next big thing in modern tech. It is assumed that the difference between a person’s real and social life will be erased with the advent of Metaverse technology. That is, you will live in the virtual world more than the actual world you are living in right now.
So, companies have decided to shift their business to the Metaverse to get a hold of the platform. Who would have thought that Mcdonald’s would also open up in the Metaverse? A few days ago Red Bull filed a patent with the USPTO for registering its trademark in the Metaverse and now the American Express.
What Are The Services That American Express Will Offer In Metaverse?
Mike Kondoudis gave the news of American Express in Metaverse. Mike is the TrademarkAttorney at USPTO. He tweeted about the news on his official Twitter handle. The tweet was made on 15 March 2022 after five days of the filing on 9 March 2022.
Before moving to the services that American Express has to offer to its users, let us have a look at what are the trademarks that have been filed
- Logos
- American Express
- AMEX
- Centurion
- Small Shop
- Membership Rewards
Below are the services that American Express is planning to offer its users in the Metaverse.
- NFT Backed Multimedia
- Cryptocurrency Services
- Virtual Banking + Exchange Services
Wrapping Up
American Express in Metaverse hasn’t been launched yet. But, it is sure that soon you will be able to enjoy the American Express Services in the Metaverse. The Trademark Attorney itself gave the news. However, you still need to wait for the official announcement from the American Express company to be sure.
If you still have any queries or doubts in your head, feel free to ask us in the comments section below. Also, if you find this article interesting and informative, do share it with your friends.
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