TL;DR
- Donald Trump and his family are looking to create a metaverse under the “TRUMP” brand, with immersive experiences related to entertainment, economy, and education.
- The metaverse would include virtual experiences such as restaurants and concerts, along with an online store offering digital and luxury products.
- The trademark application, filed with “intent to use,” signals a future official commercialization of the project, although there are restrictions on the content within it.
Donald Trump and his family continue their foray into the crypto market with a new venture: the development of a metaverse under the “TRUMP” brand. Recently, the former U.S. president’s attorneys filed a trademark application to create a virtual platform that would offer immersive experiences related to entertainment, economy, and education.
The proposed metaverse would include a variety of services and products. Notable among them are experiences such as virtual restaurants and concerts, along with an online store selling everything from digital furniture to luxury items like virtual jewelry and perfumes. Additionally, the project aims to offer training in areas such as business, public management, real estate, and hospitality. This platform would be an extension of the Trump brand, designed to offer users a completely new experience.
The announcement marks a new chapter in the connection between Trump and cryptocurrencies. The family is already involved in the sector with product launches related to non-fungible tokens (NFTs), decentralized finance (DeFi), and memecoins. The trademark application was filed under “intent to use,” suggesting that the project will be officially commercialized in the near future.
Does Trump Want to Be Present in the Entire Digital Economy?
However, the proposed metaverse will also come with certain restrictions. The content available within this virtual world will be limited to those specifically approved by the 45th and 47th president of the United States. This raised questions about the platform’s flexibility and the possibility for users to bring their own virtual assets into this metaverse, something common in blockchain-based environments.
Although the trademark application has been accepted by the U.S. Patent and Trademark Office, it has not yet been assigned to an examiner for final evaluation. The creation of this metaverse is not only an expansion of the president’s family business empire but also a clear intent to integrate the Trump brand into the digital economy that spans the metaverse and cryptocurrencies
