The long-lasting European soccer competitors, the English Premier League (EPL) is formally tapping into NFTs! Accordingly, the corporate filed two crypto logos to the US Patents and Trademark Workplace. The filings revealed large plans for the NFT sports activities area of interest, which is already increasing on the pace of sunshine.
English Premier League NFTs: what ought to we anticipate?
Probably the most famend sporting occasions in fashionable historical past, the English Premier League, is becoming a member of the NFT market. The group submitted trademark purposes on June sixth, in keeping with a licensed trademark legal professional, Michael Kondoudis.
To make clear, EPL submitted two purposes. The primary one included its iconic lion emblem. In the meantime, the second was for a trophy that includes a crown and two golden lions on either side.
As well as, the filings point out NFT-related licenses. Thereby, we would quickly get pleasure from NFTs, alternate companies, and even digital merch from the English Premier League itself.
“The Premier League is regularly watched by more than a billion people, so the value attached to the brand is substantial,” Kondoudis stated. “These filings represent a logical step to protect the brand in today’s economy, including virtual and crypto elements, and tomorrow’s virtual economy in the metaverse”.
Are sports activities NFTs on the rise?
At this second, we don’t know when the English Premier League NFTs will drop. In the meantime, sports activities fans can look into different thrilling initiatives.
For instance, ARIA Alternate is an NFT market providing collectibles from high sports activities legends. The platform already partnered with large names within the business, together with Alex Bregman, Invoice Russell, Mickey Mantle, and extra.
All in all, the English Premier League will probably take the sports activities NFT area of interest by storm as soon as its collectibles arrive. From digital merch to unique digital artworks, followers can have a brand new approach of connecting with their favourite soccer gamers.