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Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

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UFC Signals New Crypto and Web3 Moves

Last Updated: July 20, 2023
A new trademark filing suggests that the world’s biggest MMA promotion is increasingly committed to building out its presence regarding the metaverse, cryptocurrency, and NFTs.

Fresh off a bang-bang UFC 275 that saw Jiří Procházka become the new light heavyweight champion and former strawweight belt-holder Joanna Jędrzejczyk announce her retirement after a remarkable career, the Ultimate Fighting Championship remains on a path to deepening its commitment to crypto technology and Web3.

As noted by attorney Josh Gerben of Gerben Intellectual Property, Zuffa, LLC — the entity that manages the UFC under the Endeavor corporate umbrella — submitted a filing to the US Patent and Trademark Office on June 8 that suggests intentions to expand the MMA promotion’s presence in the metaverse with new or enhanced services related to crypto commerce and social networking.

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ULTIMATE FIGHTING CHAMPIONSHIP”

Description:

The mark consists of standard characters, without claim to any particular font style, size, or color.

What it’s for:

  • Software as a service (SAAS) featuring software which allows members to receive, access, spend, trade and manage cryptocurrency, digital currency, digital tokens, non-fungible tokens, digital collectibles and digital assets
  • Providing a website featuring technology which allows members to receive, spend, trade and manage cryptocurrency, digital currency, digital tokens and digital assets
  • Computer services, namely, creating an on-line community for members to participate in discussions, form virtual communities, and engage in social networking featuring user-generated content, cryptocurrency, digital currency, digital tokens, non-fungible tokens, digital collectibles, digital assets, sports and entertainment

While it’s too early to know for certain just how these intentions will materialize, it’s very much in keeping with the UFC’s broader trajectory related to the world of blockchain technology and Web3, from its wide-ranging fight kit sponsorship with Crypto.com, its more recent pact with blockchain logistics company VeChain, and the steady expansion of the UFC Strike NFT community in partnership with Dapper Labs.

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Sam Dunn

Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.

About The Author
Sam Dunn
Sam Dunn
Sam Dunn is the Managing Editor of Boardroom. Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. A specialist in content strategy, copywriting, and SEO, he has additionally worked as a digital consultant in the corporate services, retail, and tech industries. He cannot be expected to be impartial on any matter regarding the Florida Gators or Atlanta Braves. Follow him on Twitter @RealFakeSamDunn.