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9GAG Ventures into the NFT Space

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It is reported that the trademark and copyright lawyer Neer McD (Neer McD. eth) announced on Twitter that 9GAG applied for various digital tokens and NFT paten…

9GAG Ventures into the NFT Space

It is reported that the trademark and copyright lawyer Neer McD (Neer McD. eth) announced on Twitter that 9GAG applied for various digital tokens and NFT patents. Neer McD said that 9GAG has applied for patents around multiple use cases of NFT. The first is the word “PFP” itself. Other patents include permission to create and distribute digital tokens, management of customer loyalty programs, which reward users with digital assets, digital tokens, utility tokens, NFT, digital collections, encrypted collections, encrypted currencies, digital currencies and virtual currencies. It also provides online retail store services featuring virtual goods, digital content and NFT.

9GAG submits and applies for various digital tokens and NFT patents

Analysis based on this information:


The trademark and copyright lawyer Neer McD announced on Twitter that 9GAG, a Hong Kong-based social media platform, has applied for various digital tokens and NFT patents. Neer McD revealed that 9GAG has applied for patents around multiple use cases of NFT. The core focus of the patent filing is on the creation of digital tokens, management of customer loyalty programs, and digital asset rewards for users.

The primary patent 9GAG has applied for is the use of the word “PFP” as an NFT to be traded on digital marketplaces. This concept is not new as several artists have launched their NFTs in recent months using different types of images, videos, and audios. Apart from that, the social media platform has also applied for permission to create and distribute digital tokens, utility tokens, NFT, and digital collections. In addition, 9GAG has applied for patents related to encrypted collections, encrypted currencies, digital currencies, and virtual currencies.

The patent application also includes providing online retail store services featuring virtual goods, digital content, and NFT. This feature can be a significant value proposition for the platform. It means that users can earn digital assets, including NFTs, by participating in the community via different modes like liking, sharing, and commenting on content.

The move by 9GAG to apply for multiple NFT patents indicates that the platform seeks to leverage digital assets’ growth in popularity. NFTs have significantly gained traction in recent times, with several artists, musicians, and sports teams venturing into the NFT world. NFT provides users with proof of ownership and scarcity, something that traditional media lacks. Additionally, the application of NFTs in customer loyalty programs and virtual currencies is another exciting development.

In conclusion, 9GAG’s patent filings reveal that the platform is venturing into the NFT space. The move to launch its digital assets and adopt customer reward programs indicates that the platform intends to leverage NFTs and digital assets’ value in attracting and retaining users. This development is noteworthy, given that NFTs have gained significant traction in recent times and have become the go-to option for artists and creators looking to monetize their work.

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