CryptoKicks: Nike Cryptocurrency?

Graphic created by Shortsegments

There is a lot of interest in news stories about major businesses getting involved in cryptocurrency and recently there is a lot of interest in Retail Giant Nike getting involved with cryptocurrency.

Here’s what I have been able to determine from reading the news stories and perusing the website of the United States Patent Office.

1. Nike filed a Trademark application with the U.S. Patent and Trademark Office for the name “Cryptokicks”

2. I believe from the information I read that indeed there is a development plan for a blockchain and it’s name may well be “CryptoKicks”. I believe this based on the following information.

1. The application contained language stating:

Providing online non-downloadable computer software for use as a cryptocurrency wallet; providing a website featuring technology that enables users to mine, earn, purchase, receive by any other means, store, and transfer blockchain-based tokens, coins, cryptocurrencies, and other crypto assets; providing a members-only website featuring technology which provides members with the ability to mine, earn, purchase, receive by any other means, store, and transfer blockchain-based tokens, coins, cryptocurrencies, and other crypto assets; providing an online non-downloadable internet-based system application featuring technology enabling users to mine, earn, purchase, receive by any other means, store, and transfer blockchain-based tokens, coins, cryptocurrencies, and other crypto assets; providing a secure electronic online system featuring technology which allows creation, issuance, distribution, sale, transfer, and storage of the blockchain-based tokens, coins, cryptocurrencies, and other crypto assets or crypto-collectibles; providing temporary use of online non-downloadable software for use in electronically trading, storing, sending, receiving, accepting and transmitting digital currency, and managing digital currency payment and exchange transactions; non-downloadable software for generating public and private cryptocurrency keys and cryptocurrency paper wallets; platform as a service (PaaS) featuring computer software platforms for accommodating multiple types of payment and debt transactions in an integrated web-based environment; data encryption and decoding services; data encryption services for providing security and anonymity for electronically transmitted credit card transactions; providing a website that features technology that enables the secure exchange of information by users; providing an on-line network environment that features technology that enables users to share data; Platform as a service (PaaS) featuring computer software platforms for providing access to crypto-collectibles, crypto- art and application tokens; Platform as a service (PaaS) featuring computer software platforms for downloading software, data, and image files from the Internet and users in the marketplace of the software owner; Image processing software design; Authentication in the field of crypto-collectibles and footwear; Providing temporary use of non-downloadable cloud-based software for connecting, operating, and managing networked devices in the internet of things

1. Other information which gives specific details of the intended purpose of the Trademark application were listed in the license.

Provision of online blogs in the field of crypto-collectibles; entertainment services, namely, providing an online computer game; entertainment services, namely, curated scavenger hunts, obstacle courses or treasure hunts; entertainment services, namely, providing interactive online mobile gaming applications; providing information on-line relating to crypto-collectible customization for hobby or entertainment purposes

1. electronic bulletin board services; Providing on-line forums for transmission of messages among computer users; Providing on-line chat rooms and electronic bulletin boards for transmission of messages among users in the field of cryptocurrency and digital currency assets; electronic messaging services.

2. >financial services, namely, providing a digital currency or digital token for use by members of an on-line community via a global computer network; facilitation of financial transactions using unconventional currency systems and bartering, namely, facilitating transfers of electronic cash equivalents; facilitation of crypto-currency transactions, namely, virtual currency exchange transaction services for transferrable electronic cash equivalent units having a specified cash value; Financial services, namely, providing electronic transfer of a digital currency for use by members of an on-line community via a global computer network; Issuance of tokens of value; cryptocurrency trading services; digital currency exchange services; financial services, namely, providing liquidity services in connection with digital currencies and assets, cryptocurrencies, virtual currency and blockchain-based assets; payment processing; financial transaction services.
   

3. >online marketplace services, namely, providing a marketplace for buyers and sellers of digital currency assets; Operating an online marketplace featuring footwear and clothing; on-line retail store services.
   

4. >Cryptocurrency software wallets; cryptocurrency hardware wallets; downloadable computer software for use as a cryptocurrency wallet; downloadable computer software for managing cryptocurrency transactions using blockchain technology; Downloadable mobile applications for providing access to crypto-collectibles, crypto-art and application tokens; downloadable software for use in electronically trading, storing, sending, receiving, accepting and transmitting digital currency, and managing digital currency payment and exchange transactions; downloadable computer software for generating public and private cryptocurrency keys and cryptocurrency paper wallets; downloadable computer software, namely, an electronic financial platform that accommodates multiple types of payment and debt transactions in an integrated mobile phone, PDA, and web-based environment; downloadable software and mobile applications using artificial intelligence; downloadable software for processing digital images, graphics and text; downloadable anti-piracy software; downloadable computer software for encryption and decoding; downloadable computer graphics software; downloadable graphical user interface software; downloadable computer game software; downloadable computer software and mobile applications; encoding and decoding apparatus and instruments; downloadable software for connecting, operating, and managing  
   

That’s what I know so far. A very interesting development in the crypto space as adoption of cryptocurrency by a major retail player will surely increase mass interest in cryptocurrency and investigations of crypto may lead people to familiar platforms like social media and Steemit.

Stay tuned and Steem On! 🚂
-Shortsegments

References:

1. https://ambcrypto.com/nike-joins-the-crypto-race-files-trademark-application-for-cryptokicks/

2. http://tsdr.uspto.gov/#caseNumber=88394295&caseType=SERIAL_NO&searchType=statusSearch

3. https://www.tokenpost.com/Nike-makes-inroads-into-blockchain-and-crypto-space-with-CryptoKicks-1743