After Real Madrid and Barcelona applied for a co-owned Metaverse trademark, the interaction between football and blockchain has reached a new level. After well-known trademark attorney Mike Kondoudis announced the move on his Twitter page, the development came to pass. The attorney disclosed that the two Spanish clubs’ applications for the Metaverse are for international classes 9 and 41.
Kondoudis claims that the two clubs want to give supporters access to a variety of club-related items in the Metaverse. The clubs will launch an electronic wallet and applications for controlling crypto-related transactions utilising the blockchain with the Class 9 trademark. Contrarily, Class 41 will provide virtual reality games, interactive entertainment, and other virtual reality-related activities for the clubs.
FC Barcelona has made previous attempts at doing cryptocurrency-related ventures. Recall that FC Barcelona floated its fan token ($BAR) on the Chiliz platform around June 2020 in collaboration with Socios.com. A well-known blockchain-based outlet for organisations in the sports and entertainment industries is the Chiliz platform. Through a partnership with Ownix, an NFT marketplace, the club debuted an NFT collection of a few key moments the previous year.
On the other hand, the joint filing of the Metaverse trademark by FC Barcelona and Real Madrid is a surprise. His two clubs are big rivals both at home and in Europe. This rivalry is not limited to sporting activities, as the two clubs represent different political movements. FC Barcelona is an important face of Spain’s Catatonia region. Madrid, on the other hand, reflects the values of the Spanish royal family.
Catalonia has long sought secession from Spain. FC Barcelona is in the midst of a separatist movement and the club has publicly and strongly voiced its desire to separate the region. As a result, the club was sometimes fined by UEFA for showing solidarity with the region during a Champions League match.