Fender has filled a trademark application to enter the world of NFTs . Could we see a similar move from the California guitars maker to the one Gibson made earlier this year? Would you buy a virtual Strat or Tele?
This new trademark application was spotted by Mike Kondoudis and shared online via his Twitter account. According to the trademark application made by Fender, filed on 28 April 2022, Fender aims to provide the following:
- Virtual goods, including digital artwork, photographs, videos, and audio recordings featuring music and musical instruments.
- NFTs (non-fungible tokens)
- Online non-downloadable information about these virtual good, plus access to virtual goods related to NFTs and other crypto-collectibles.
Virtual Stratocaster & Telecaster
Fender already owns trademarks for these for its guitars, including the Stratocaster and Telecaster, etc. These new trademarks are purely for “virtual goods, namely, digital artwork, photographs, videos, and audio recordings featuring music and musical instruments,” all in the form of “non-fungible tokens (NFTs) and other crypto-collectibles.”
Could we see NFTs of these two iconic guitars sometime in 2022?
Well, probably. Especially as Gibson has already gone down that road, as well as ESP. Plus, artists like Joe Bonamassa, Matt Bellamy, Yngwie Malmsteen and the Rolling Stones’ Keith Richards. My real question though is, who would want to buy them?
Are Non Fungible Tokens a worthwhile investment?
The world of crypto currencies and NFTs is still seen as being very volatile by many, with values on Bitcoin plummeting 50% in the first 5 months of 2022. Also from my experience, many guitar enthusiasts are quite stuck in the ’50s and ’60s when it comes to brands like Fender. So new fangled technology just confuses them. For example, many of them won’t even use a Line 6 Helix. Though I can see the younger audience going for it. But the old guys will probably just scratch their heads and laugh at non-fungible tokens!
I know that I would rather invest my money in either a new USA made Stratocaster or Telecaster. At least I could have fun playing a new guitar. Or maybe gold. I would probably invest in gold. As then I could sell it and buy a new guitar.
Fender AM Perf Strat MN Satin LPB
Fender AM Perf Strat RW HB
Fender AM Perf Strat HSS RW AUB
Fender AM Perf Strat RW AW
Fender AM Perf Strat HSS MN SFG
Fender AM Perf Tele RW HBST
Fender AM Perf Tele HUM MN 3CSB
Fender AM Perf Tele RW Satin SBL