Sony Music files NFT-related trademark
Sony Music Entertainment, a major record company, has filed for trademarks related to non-fungible tokens and the Metaverse, according to USPTO-licensed trademark attorney Mike Kondoudis.
The music industry behemoth plans to release downloadable audio and video recordings that feature live music performances. These recordings get authenticated with the help of non-fungible tokens. Sony Music also plans music tracks in the form of NFTs, according to the filing.