- Snoop Dogg, an American artist, is a hit in the NFTs.
- On August 16, Cyrus filed trademark applications with the USPTO.
In the next five years, Juniper Research predicts there will be 40 million NFT transactions. The research predicts that use cases associated with metaverses will be a major factor in the widespread application of NFT. These private NFTs will expand at a significant pace over the next five years. There will be 9.8 million transactions using NFTs connected to the metaverse by 2027, up from 600,000 in 2022.
To a large extent, NFTs are associated with art. It’s no secret that the NFT community is totally obsessed with music. This is further confirmed by the results of a recent Ripple study that looked at the level of interest in NFT among major financial institutions. The NFTs using music were the most interesting people. It’s no surprise that famous musicians want to protect their identity in the NFT and the Metaverse.
Celebrity’s growing interest
Miley CyrusThe global superstar is the latest celebrity to join the bandwagon. On August 16, Cyrus filed trademark applications with USPTO About the names “Miley” and “Miley Cyrus,” according to a tweet from NFT and trademark attorney Mike Kondoudis.
Along the same lines, in May, it was announced that Billie Eilish, a famous songwriter and singer, had registered her name and Blohsh logo via her label Lash Music LLC.
Snoop Dogg, an American artist, has hit big in the NFTs and metaverse after filing new trademark applications for multiple items in June. The rapper also linked fellow rapper Eminem with NFTs. Both bored monkey NFTs were included in a recently posted song.
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