Chevron, one of the largest oil companies in the world, is entering the cryptocurrency metaverse. In its filing, the company expresses its desire to sell items such as lubricants and virtual gasoline through NFTs.
In the patent application that can be found on the USPTO website of the US government, it is possible to find the intentions of the oil company, we highlight part of the text below. Therefore, if the idea becomes all the rage, players may have to pay to move around virtual worlds as well.
“Downloadable virtual products, namely, convenience store products, gasoline, fuel, lubricants and renewable energy products for use online and in online virtual worlds”
After this, the text points out that such items will use the technology of non-fungible tokens (NFT). Because it is not stated in which metaverse you want to operate, it is possible that your products can be used in multiple virtual worlds.
Gasoline in the virtual world
While the idea of selling virtual gasoline may seem like a joke, it’s worth noting that several well-known brands are already betting on the metaverse, both for marketing and selling such virtual products.
As an example, we can mention Adidas and Nike, two of the largest companies in the footwear sector. Moreover, the sale of a virtual yacht for R$3.7 million also shows the potential of this market.
Speaking of yachts, it is remarkable that they require fuel to sail. Therefore, the entry of the Chevron oil company may add this real-world feature to these metaverses.
The big problem is that the price of fuel, both petrol and diesel, has risen in recent weeks, raising questions about what it will cost in virtual worlds. However, this shouldn’t be a problem for those who paid R$3.7 million for the aforementioned yacht.
More patents from Chevron
In addition to looking to sell virtual gasoline in the metaverse, Chevron also wants to offer digital collectibles to its customers. While their uses are not specified, it is noteworthy that such items can be used as a reward for your customers’ loyalty in both the real and virtual worlds.
“Crypto collectibles and application tokens used and transferred in software as a service”
For the time being, the patent application filed on March 2 of this year is awaiting analysis. However, it is likely that it will be accepted and that we will soon have to pay virtual gas in some games.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
