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L’Oréal Eyes NFTs & The Metaverse, Filing For 17 Virtual Goods-Related Trademarks
The filings themselves are in the names of L’Oréal’s subsidiaries, including makeup and cosmetic companies Kiehl’s, Maybelline, Pureology, Urban Decay and Redken, among others.
Harshvardhan
5:13 17th Feb, 2022
NFTs

The filings themselves are in the names of L’Oréal’s subsidiaries, including makeup and cosmetic companies Kiehl’s, Maybelline, Pureology, Urban Decay and Redken, among others.

The Kiehl’s filing includes rights to “non-downloadable virtual perfumery,” along with “hair care preparations and cosmetic body care preparations in a virtual environment including a metaverse.”

In eight of the filings, L’Oréal stakes claim to “providing a metaverse for people to browse, accumulate, buy, sell and trade virtual cosmetics.”

The company’s initial foray into NFTs came back in December, when it released a collection of seven NFTs focused on female artists and their empowerment. The collection was ultimately a flop, however, seeing less than 0.5 ETH (around $1,550) in sales volume to date.

While the concept of virtual perfume in a metaverse environment may be difficult to grasp, filing a trademark for such things is no longer unusual.

Source: CoinDesk



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