Universal Music Group (UMG) may be preparing plans for the NFT band after it has filed four trademark registrations related to the Bored Ape Yacht Club NFT.
The trademark identifies plans for “crypto tokens, utility tokens, application tokens, and non-fungible tokens,” as well as “online retail services with physical and virtual goods,” according to the statement.submit documents on the 31st of March
UMG has made a purchase. Bored Ape #5537 On March 18 for 125 ether (ETH), there were plans to make the character the leader of the NFT group “Kingship.” NFT currently costs around $470,000.
UMG also signed an agreement with Metaverse Avatar Genies in December, with Celine Joshua, the company’s vice president of commercial innovation, saying this is part of a larger vision for UMG customers to develop a virtual brand.
refer : LINK
The post Universal Music files four trademark registrations related to Bored Ape NFT appeared first on Bitcoin Addict.