Walmart is thought to be taking its first small steps forward in joining the metaverse and cryptoverse. Having filed several new trademarks, it appears that this retail giant is contributing to the metaverse by expressing its objective to create and sell virtual goods of its own.
Further filing has suggested that Walmart is entertaining the idea of offering its employees digital currency options as well. These applications have been filed on December 30th through the U.S. Patent and Trademark Office.
Walmart is not yet ready to discuss or comment on recent trademark filings; however, the following statement was made on January 16th by Lauren Thomas of CNB who commented that Walmart is “…continuously exploring how emerging technologies may shape future shopping experiences. We are testing new ideas all the time. Some ideas become products or services that make it to customers. And some we test, iterate, and learn from.”
Read more here: https://www.cnbc.com/2022/01/16/walmart-is-quietly-preparing-to-enter-the-metaverse.html
In September of 2021, there was a false release claiming a partnership between that of Litecoin and Walmart. Although this was later debunked, and Walmart denied any such partnership, there is unmistakable cause to be excited this time around.
The crypto community isn’t holding back its celebration this time. The contribution of Walmart means big things for the world of crypto. The trademark filings have been confirmed, however, the company has yet to comment on its digital endeavors.