Trump Organization Files Trademarks for Metaverse and NFT Marketplace
DTTM Operations, a company owned by Trump, has submitted trademarks for a metaverse and NFT marketplace under the “TRUMP” brand. This move signals a step into the virtual world space, aligning with the President’s pro-crypto stance.
Virtual World Features
- Branded Digital and Physical Goods: Users can purchase virtual apparel, footwear, accessories, and dine in a Trump virtual restaurant.
- Virtual Services and Experiences: Simulated transport options and guided tours of Trump properties.
- Education and Coaching: Virtual training programs in various fields.
- NFT Marketplace: A platform for buying and trading digital assets, limited to NFTs and content authorized by Trump.
Trademark attorney Josh Gerben notes that the filing indicates the Trump Organization’s plans for future commercial activities.
Market Trends and Trump’s Crypto Support
While interest in the metaverse and NFTs has waned, Trump’s involvement in blockchain ventures could reignite excitement. His pro-crypto policies set him apart, positioning him as the “first crypto president.”
Pro-Crypto Actions
- Launching Memecoin: Trump introduced his own memecoin before taking office.
- Bitcoin Conference 2024: Promises to make the U.S. a crypto hub.
- “Digital Asset Stockpile” Strategy: Diversification of digital assets.
Members of the Trump family have also supported crypto projects like World Liberty Financial.
White House Crypto Summit Details
The upcoming Crypto Summit, led by President Trump, aims to gather industry leaders to discuss regulatory frameworks, innovation, security, and government adoption of blockchain.
Summit Agenda
- Regulatory Frameworks: Clarifying rules for crypto businesses and investors.
- Innovation and Security: Maintaining competitiveness and addressing cybersecurity risks.
- Government Adoption of Blockchain: Integrating blockchain technology into federal operations.
The summit marks a new era in digital financial technology, focusing on innovation and economic liberties.
Future Outlook
Despite market uncertainties, Trump’s influence could propel blockchain ventures forward. The success of his metaverse and NFT marketplace remains to be seen, with the upcoming Crypto Summit shedding light on the administration’s vision for digital assets.
