According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens . Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles.
Crocs Trademark Filing Describes ‘Downloadable Virtual Goods Created With Blockchain Technology, Smart Contracts, in the Nature of Footwear’ A United States Patent and Trademark Office report filed on January 11, 2022, indicates that Crocs has an eye on the non-fungible token industry. The company Crocs is well known for its injection-molded foam clogs since the firm secured exclusive rights to the proprietary foam product called Croslite in 2004.shows a product that is entirely different from foam clogs.
[The registration is intended to cover] downloadable virtual goods created with blockchain-based software technology and smart contracts, in the nature of footwear, clothing, bags, accessories, and charms for decorating footwear, clothing, bags, and accessories; Downloadable computer software for creating, managing, storing, accessing, sending, receiving, exchanging, validating and selling digital assets, digital collectibles, digital tokens and non-fungible tokens .
In terms of sales, Crocs are not as popular as they once were during the first few years they were introduced and in 2010, TIME magazine
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