9GAG Ventures into the NFT Space
It is reported that the trademark and copyright lawyer Neer McD (Neer McD. eth) announced on Twitter that 9GAG applied for various digital tokens and NFT paten…
It is reported that the trademark and copyright lawyer Neer McD (Neer McD. eth) announced on Twitter that 9GAG applied for various digital tokens and NFT patents. Neer McD said that 9GAG has applied for patents around multiple use cases of NFT. The first is the word “PFP” itself. Other patents include permission to create and distribute digital tokens, management of customer loyalty programs, which reward users with digital assets, digital tokens, utility tokens, NFT, digital collections, encrypted collections, encrypted currencies, digital currencies and virtual currencies. It also provides online retail store services featuring virtual goods, digital content and NFT.
9GAG submits and applies for various digital tokens and NFT patents
Analysis based on this information:
The trademark and copyright lawyer Neer McD announced on Twitter that 9GAG, a Hong Kong-based social media platform, has applied for various digital tokens and NFT patents. Neer McD revealed that 9GAG has applied for patents around multiple use cases of NFT. The core focus of the patent filing is on the creation of digital tokens, management of customer loyalty programs, and digital asset rewards for users.
The primary patent 9GAG has applied for is the use of the word “PFP” as an NFT to be traded on digital marketplaces. This concept is not new as several artists have launched their NFTs in recent months using different types of images, videos, and audios. Apart from that, the social media platform has also applied for permission to create and distribute digital tokens, utility tokens, NFT, and digital collections. In addition, 9GAG has applied for patents related to encrypted collections, encrypted currencies, digital currencies, and virtual currencies.
The patent application also includes providing online retail store services featuring virtual goods, digital content, and NFT. This feature can be a significant value proposition for the platform. It means that users can earn digital assets, including NFTs, by participating in the community via different modes like liking, sharing, and commenting on content.
The move by 9GAG to apply for multiple NFT patents indicates that the platform seeks to leverage digital assets’ growth in popularity. NFTs have significantly gained traction in recent times, with several artists, musicians, and sports teams venturing into the NFT world. NFT provides users with proof of ownership and scarcity, something that traditional media lacks. Additionally, the application of NFTs in customer loyalty programs and virtual currencies is another exciting development.
In conclusion, 9GAG’s patent filings reveal that the platform is venturing into the NFT space. The move to launch its digital assets and adopt customer reward programs indicates that the platform intends to leverage NFTs and digital assets’ value in attracting and retaining users. This development is noteworthy, given that NFTs have gained significant traction in recent times and have become the go-to option for artists and creators looking to monetize their work.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/8942/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Beosin’s EagleEye Platform reports continuing theft from Harmony Bridge
It is reported that, according to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of Beosin, a blockchain security…
-
Blur Surpasses OpenSea in Daily Trading Times in NFT Market
It is reported that according to Dune data, the daily trading times of Blur in the NFT trading market have exceeded Open Sea for five consecutive days. Among t…
-
What is Hashpower and How to Earn Money (How is Hashpower Calculated)
What is Hashpower and How to Earn Money? According to Coindesk, Hashpower mining
-
Federal Reserve to Potentially Increase Interest Rates
According to reports, Nick Timirao, a reporter from the Wall Street Journal, said in an interview with CNBC that the Federal Reserve’s decision next week may depend on the market reaction in the coming days. He chose to raise interest rates by 25 basis points because market conditions will improve; “If we pause raising interest rates, we are worried that the credit problem will worsen, and it is best to act slowly.”. All we have heard from the Federal Reserve is that it has the tools to address financial stability issues and can therefore focus on the goal of restoring price stability. The Federal Reserve may raise interest rates by 25 basis points or keep them unchanged, depending on market reaction in the coming days Analysis based on this information:The Federal Reserve could potentially increase interest rates by 25 basis points if market conditions remain stable, according to an interview with Nick Timirao, a reporter from the Wall Street Journal,…
-
Title: Coin An Discovers Problem with ARB Deposits Affecting DelegateVotesChanged Event
According to reports, according to official Twitter news, Coin An discovered a problem with ARB deposits early this morning, resulting in deposits that had undergone the DelegateVo
-
Astar’s Reward Proposal for WASM Smart Contracts Approved
According to reports, Astar said that its WASM smart contract reward proposal has been approved, and the team alliance will encourage, promote, adopt and devel…
-
Table of Contents
According to reports, according to data from Token Terminal, the Arbitrum network cost reached 5.95 million US dollars in March, surpassing Polygon (3.88 million US dollars) and Op
-
Staying Stable: Tether’s Use of Signature Bank for Funds Transfer
According to reports, stable currency issuer Tether used Signature Bank to transfer US dollar funds from the United States to the Bahamas. Until the closure of Signature Bank in Ma
-
Bitcoin price in 2011 (Bitcoin’s latest price in 2011)
What was the price of Bitcoin in 2011? According to CCN, the average price of B
-
Why does UNI coin plummet (uni coin)?
Why does UNI coin plummet? Unicoin (UNI) is the native token of the decentralize
-
What is the connection between Ripplenet and Ripple (Ripple 2017)
What is the connection between Ripplenet and Rayleigh waves? What is the connection between Ripplenet and Rayleigh waves? What is the connection between Ripplenet and RippleNet? RippleNet is part of RippleNet. Ripple provides power to blockchain networks through its services. These software allow users to transfer between different platforms (including R3Coda). This means that any Ethereum based blockchain can use RippleNet Ripple has its own payment processor to support this project, but it may not necessarily have privacy features like XRP or XTZ, while Ripple has a service called “XRPLedger”. According to AMBCrypto, Ruibo Company released its annual report in 2017. The market value of the company is approximately $300 million, increasing to nearly $200 million at the end of 2017; Its trading volume accounts for 70% of total revenue. At the beginning of 2017, there was an inflow of about $20 million on the platform, but due to the turmoil in the Cryptocurrency market and the surge in investor…
-
Avalanche Releases v1.9.14: A Comprehensive Guide for Validators
On March 23rd, Avalanche staff stated in the official telegram group that Avalanche has released version 1.9.14, which has been upgraded and fixed issues affecting some validators.
-
Vice President of the Hong Kong Monetary Authority: It is expected that regulated virtual asset service providers will successfully open bank accounts
According to reports, on April 27th, Nguyen Kwok Heng, Vice President of the Hong Kong Monetary Authority, published an article titled \”Welcoming Opportunities and Dealing with Acc
-
The Importance of the NFTfi Snapshot: A Comprehensive Look at Lending Transactions
On April 15th, the NFT lending platform NFTfi announced on social media that it had taken a snapshot of all historical activities on its platform. The snapshot was taken around 11:
-
Large Transfer of MKRs from Paradigm to Coin An
According to reports, according to encrypted Twitter KOL ember monitoring, 48179 MKRs were transferred from the address marked Paradigm to Coin An, valued at approximately $36.13 million. The address marked as Paradigm transferred nearly 50000 MKRs to Coin An Analysis based on this information:The recent reports suggest that a large transfer of MKRs has been initiated from the address labeled Paradigm to Coin An. As per sources, 48179 MKRs were transferred in a single transaction, which is valued at approximately $36.13 million. It is important to note that this information was retrieved through encrypted Twitter KOL Ember monitoring. MKR is the abbreviation for MakerDAO, a decentralized autonomous organization with the goal to create a stable cryptocurrency linked to real-world assets. MKR tokens are required for governance and decision-making processes in the MakerDAO system. MakerDAO has been steadily gaining popularity and has become a significant player in the DeFi (Decentralized Finance) market. Paradigm is a well-known private cryptocurrency investment firm that…
-
Matrixport Advises Relative Value Transactions for Traders
It is reported that according to Matrixport, a cryptographic service provider, it is time to conduct relative value transactions. Traders can now buy Ethereum …