Nike’s Latest Trademark Filing Indicates It May Be Launching Its Own Cryptocurrency

Footwear news reports this rather interesting development.

Nike filed with the U.S. Patent and Trademark Office to trademark the word “cryptokicks” on April 19.

The trademark would apply to cryptocurrency software and hardware wallets, online marketplace services and virtual financial transaction services. It would also cover “providing online nondownloadable computer software for use as a cryptocurrency wallet; providing a website featuring technology that enables users to mine, earn, purchase, receive by any other means, store, and transfer blockchain-based tokens, coins, cryptocurrencies, and other crypto assets,” the filing stated.

Though Nike’s exact plans for “cryptokicks” are unclear, the filing indicates that it may be launching an online coin of its own, branded under the “cryptokicks” name. While cryptocurrency has yet to be accepted by most major retailers, it has been gaining steam — and major players like Amazon are exploring the possibility of taking on crypto.

Full story at . https://footwearnews.com/2019/focus/athletic-outdoor/nike-files-trademark-uspto-cryptokicks-1202774921/