, 2022-10-16 20:29:17,
We’re into the MLB playoffs, but the biggest sports and crypto headlines over the past week weren’t baseball-related (although yes, the MLB does have an NFT deal with growing sports platform Candy Digital). Nonetheless, we had a couple of headlines and topics of discussion around Formula 1 and European soccer to keep things fresh.
Let’s take a look at the latest sports and crypto stories from over the past week.
The Sports Slice
Formula 1 Files New NFT Trademark Applications
Formula 1 has worked in the crypto space briefly before, signing a league-wide with Crypto.com previously and allowing individual racing teams to secure crypto partners themselves. The league is seemingly on the cusp of getting involved in NFTs, however, after a new trademark application that was filed in recent days.
According to USPTO registered trademark lawyer Mike Kondoudis, “Formula One has filed 8 trademarks for ‘F1’ covering: Cryptocurrency + NFTs, NFT + Crypto marketplaces, Retail stores for virtual goods, Blockchain financial transactions, Cryptocurrency trading + mining … and more.”
The deal could see a potential NFT partner come into the mix for F1, as Crypto.com has really owned the crypto category for the racing league thus far. However, as 2022s bear market continues trudging throughout the year, Crypto.com has been rumored to be scaling back it’s existing sports partnership activations – and Formula 1 is one of the names that have been…
To read the original article from bitcoinist.com, Click here