UPS Is Now On Board To Metaverse With Virtual Retail Shipping Services

According to Mike Kondoudis, UPS has applied for a Metaverse-related trademark with the United States Patent and Trademark Office (USPTO). It wants to deliver virtual packages, shipping labels, clothing, uniforms, headwear, and cars within virtual worlds, according to the application.

UPS’s Metaverse product will be part of a gaming experience that involves sending a package. Roblox’s virtual brand activations imply that UPS could be next. The online game platform brings together developers and brand partners to create Metaverse-branded activations. Brands may also connect directly with developers, eliminating the need for a middleman. Last November, Roblox revealed a proposal to create a Metaverse centred on its users.

UPS submitted a pattern in February 2018 for an item-exchange locker service with a point-of-sale (POS) system for receiving various sorts of payments, including Bitcoin. It joined the Blockchain in Trucking Alliance (BiTA) in November 2017, along with Coyote Logistics, to promote transparency and reduce costs among carriers, shippers, and consumers.

The corporate world continues to board the Metaverse hype train. Other large firms that have filed Metaverse applications in the last month include Unilever, a British consumer products conglomerate, and Chevron, an American energy giant.

Lego and Sony, the Japanese electronics corporation, made a significant $2 billion investment in Epic Games, the maker of the hit game Fortnite, last week in order to establish a kid-friendly Metaverse. Meanwhile, American basketball superstar LeBron James has registered five trademarks with the USPTO, indicating that he intends to sell non-fungible tokens, clothes, and consulting services centred on NFTs.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

KAZ

CoinCu News