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• Sam’s Club, a retail warehouse owned and operated by Walmart Inc., is filing for crypto and NFT trademarks.
• The popular retailer will use the trademarks to manage NFTs, offer digital goods, and provide crypto-based software.
• Walmart has also filed several trademarks related to virtual reality, blockchain-based goods, cryptocurrency business, and blockchain wallets in preparation for the launch of their initiatives.
Sam’s Club Jumps Into The Crypto Bandwagon
Sam’s Club, an American chain of membership-only retail warehouse clubs that is owned and operated by Walmart Inc., is now jumping into the digital and blockchain bandwagon by filing for crypto and NFT trademarks. Sam’s Club is now treading the crypto waters as the retailer recently offered healthcare services that cater to the augmented reality and virtual space.
Walmart’s Blockchain Initiative
Early in 2018, Walmart has already shown its interest to jump into the blockchain waters, specifically with the launch of Bulkcoin which is exclusive to members of the club. In 2022, Sam’s Club indicated its interest in making a foray into the metaverse with its first round of trademark applications in line with NFTs and cryptocurrencies. Additionally, Walmart is said to be hiring to fill in several cryptography and cybersecurity roles for a blockchain initiative.
Trademarks Filed By Sam’s Club
The popular retailer filed a couple of trademarks that will allow it to manage NFTs, offer digital goods, and also provide crypto-based software. Walmart has filed several trademarks with the following records: 97775152and 97775159. These are all in preparation for the Club to start offering virtual reality or blockchain-based goods such as home decorations, personal care products, toys and sporting equipment; as well as entering augmented reality education healthcare NFTs cryptocurrency business; launching a blockchain wallet plus other software related services..
Major Companies Entering The Crypto Space
Apart from Sam’s Club Amazon along with other major companies have started penetrating into this new technology space including Visa which recently announced it was pushing on Ethereum could boost altcoins at this level creating new possibilities for users who would like to make payments using cryptocurrencies as opposed to traditional payment methods like credit cards or bank transfers..
In conclusion Sam’s club filing these new trademark applications show their drive towards emerging technologies such as Blockchain which can help them increase efficiency while still providing quality products & services customers require. This move could potentially open up many opportunities not only within Sam’s club but within many other businesses globally revolutionizing how we do transactions & purchase items online securely & quickly