{"id":5041,"date":"2022-01-16T21:42:47","date_gmt":"2022-01-16T21:42:47","guid":{"rendered":"http:\/\/egrowonline.com\/?p=5041"},"modified":"2022-01-16T21:42:47","modified_gmt":"2022-01-16T21:42:47","slug":"walmart-to-launch-cryptocurrency-and-its-own-collection-of-nfts-in-metaverse-move-trademark-filings-reveal","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=5041","title":{"rendered":"Walmart to launch cryptocurrency and its own collection of NFTs in metaverse move, trademark filings reveal"},"content":{"rendered":"


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WALMART is reportedly working on plans to create its own cryptocurrency as well as non-fungible tokens (NFTs).<\/p>\n

The retail giant has been hinting over the past few months of plans to embrace the world of cryptocurrencies and the metaverse. <\/p>\n

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Walmart may be working on its own crypto and NFTs<\/span>Credit: Getty<\/span><\/figcaption><\/figure>\n

Walmart filed several trademarks late last month, which signal plans to make and sell virtual goods, including electronics, home decor, toys, sporting goods, and personal care products, according to CNBC<\/a>.<\/p>\n

According to the U.S. Patent and Trademark Office, seven separate applications were submitted.<\/p>\n

In a statement, the retailer said Walmart is “continuously exploring how emerging technologies may shape future shopping experiences.”<\/p>\n

The statement says they are “testing new ideas all the time.<\/p>\n

“Some ideas become products or services that make it to customers — and some we test, iterate, and learn from.”<\/p>\n

Walmart’s recent business moves suggest the retail giant is getting serious about plans to participate in the metaverse, a virtual world that blends aspects of digital tech, in the future.<\/p>\n

According to Bloomberg<\/a>, Walmart began advertising a position to help develop “the digital currency strategy and product roadmap” in August.<\/p>\n

Walmart also took another step towards the crypto world in October when the company began a pilot program where shoppers could buy Bitcoin at Coinstar kiosks at some of its US stores.<\/p>\n

Read our cryptocurrency live blog<\/a> for the very latest news and updates…<\/em><\/strong><\/p>\n

Two hundred kiosks throughout the country were involved in the trial program.<\/p>\n

Also, this December, just weeks before Walmart began filing the new trademarks, the company’s CFO Brett Biggs said Walmart was open to allowing customers to pay in cryptocurrency in the future.<\/p>\n

However, Biggs also said he didn’t see a need to rush any major changes. <\/p>\n

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The retail giant began offering Bitcoin at some of its stores in 2021<\/span>Credit: Getty<\/span><\/figcaption><\/figure>\n<\/div>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WALMART is reportedly working on plans to create its own cryptocurrency as well as non-fungible tokens (NFTs). The retail giant has been hinting over the past few months of plans to embrace the world of cryptocurrencies and the metaverse. 2 Walmart may be working on its own crypto and NFTsCredit: Getty Walmart filed several trademarks […]<\/p>\n","protected":false},"author":1,"featured_media":5042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[36],"tags":[2204,52,3717,171,67,883,502,3718,3716,3715],"class_list":["post-5041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-collection","tag-cryptocurrency","tag-filings","tag-launch","tag-metaverse","tag-move","tag-nfts","tag-reveal","tag-trademark","tag-walmart"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/AB-WALMART-COMP-2.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5041"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5041\/revisions"}],"predecessor-version":[{"id":5043,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/5041\/revisions\/5043"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/5042"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5041"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}