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Kraft Foods Applies for Metaverse and NFT Patents, Seth Green Gets His NFT Back

Kraft Foods Applies for Metaverse and NFT Patents, Seth Green Gets His NFT Back

Kraft Foods focuses on new NFT and Metaverse patents, while Seth Green reunites with his lost Bored Ape NFT dubbed Fred Simian.

On June 7, Kraft Foods, an American-based food manufacturing company located in Chicago, reportedly applied for Metaverse-related and NFT patents for its brands.

As stated by Mike Kondoudis, the US Patent and Trademark Office (USPTO) licensed trademark attorney, Kraft Food, apart from Kraft, has also filed trademarks for Kool-Aid, Velveeta, Oscar Meyer, Lunchables, Philadelphia, and Jell-O. The trademarks will supposedly be covering non-fungible tokens, NFT marketplaces for virtual goods, digital tokens and collectibles, and a number of virtual restaurants, as well as foods and beverages.

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In addition, Kraft Foods joins the ensemble of other big businesses safeguarding their products in the crypto environment. For instance, the two largest sportswear manufacturers dubbed Adidas and Nike, an American brand of sports-themed food product Gatorade, and multinational beverage corporation Coca-Cola has also set their foot in the virtual sphere.

However, it’s still not announced when the food processing giant will fire up the virtual offerings.

Seth Green’s Bored Ape Comes Back Home

According to the official announcement, on June 9, one of the biggest actors in America Seth Green reunited with his stolen Bored Ape Yacht Club (BAYC) NFT.

The news comes after the actor tweeted on May 18 that he visited a phishing website and lost a number of valuable non-fungible tokens (NFTs), including BAYC #8398, MAYC #9964, and #191832, as well as Doodle #7564.

The stolen NFT was reportedly bought by a pseudonymous user dubbed DarkWing84 for 106.5 Ether (ETH) or roughly $144,000.

On top of that, various blockchain transaction records revealed that Seth Green received the Bored Ape #8398 NFT to its wallet from Cheese’s NFT wallet.

Interestingly enough, Green commented that the Bored Ape #8398, which was named Fred Simian, had much importance to him as the NFT would have been featured on White House Tavern, an animated show that was supposed to see the light of day this year. During an NFT conference back in May, the actor shed light on the tragedy and commented:

“I bought that ape in July 2021, and have spent the last several months developing and exploiting the IP to make it into the star of this show. Days before he’s set to make his world debut, he’s literally kidnapped.”

According to the report, the actor reportedly paid 165 Ether (ETH), or around $297,000, through NFT Trader, a multi-chain and cross-chain platform for non-fungible token creation and trading. However, the NFT is still frozen, meaning that it cannot be purchased or sold on the marketplace.

It seems as though the crypto community is not afraid to exchange blows with hackers and retrieve what was stolen. For instance, earlier in May, the “World of Solana” community announced on its Twitter account that it successfully managed to get back the previously stolen 25 WOS non-fungible tokens (NFTs).

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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