Yuga Labs Applies for “Otherside” Trademark for Beverage

03/05/2023 12:41 • Digital Disruptors • 81 views

On March 5, according to the information disclosed by the United States Patent Office, Yuga Labs has applied for a trademark for the beverage with the theme of its metauniverse project “Otherside”.

Yuga Labs has applied for a trademark for the “Otherside” theme drink

Analysis based on this information:

Yuga Labs, the company behind the development of Bored Ape Yacht Club (BAYC), has applied for a trademark for a beverage related to its metauniverse project, “Otherside”. This news comes from the United States Patent Office, which revealed the information on March 5.

The term “metauniverse” refers to a virtual world beyond the metaverse. The metaverse is a shared virtual space where people can interact with each other in real time, often through the use of virtual reality technology. Yuga Labs’ “Otherside” project is expected to be a part of this broader concept.

Trademark filings generally suggest that a company is planning to launch a new product or service under the brand name. As Yuga Labs has applied for the “Otherside” trademark for a beverage, it is clear that the company is expanding its offerings beyond its existing digital assets.

While it is impossible to say what kind of beverage “Otherside” will be, the trademark filing does provide some clues. It states that the beverage will be non-alcoholic, so it will not contain any alcohol. It also specifies that it will be in the form of a syrup or powder that can be mixed with water or other liquids.

Yuga Labs has not yet announced any further details about the “Otherside” beverage or when it will be available. However, it is clear that the company is continuing to experiment with new ways to monetize its digital assets and expand its offerings into the physical world.

This move is not surprising given the popularity of BAYC and the broader NFT (non-fungible token) market. Yuga Labs’ trademark application for a beverage related to its project shows that the company is exploring different ways to leverage its intellectual property and brand recognition beyond the digital realm.

In summary, Yuga Labs has applied for a trademark for a non-alcoholic beverage related to its “Otherside” metauniverse project. While further details are currently unavailable, the move suggests that Yuga Labs is expanding its offerings beyond its digital assets into the physical world.

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Yuga Labs Applies for “Otherside” Trademark for Beverage

Yuga Labs has applied for a trademark for the “Otherside” theme drink

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