Ford Motor Company wants to launch its cars in the form of NFT

One of the largest auto manufacturers in the U.S. has applied for trademark registration for Metaverse and NFT. This comes a month after a massive downsizing of the company.

Most recently, U.S. Patent and Trademark Office (USPTO) trademark lawyer Mike Kondoudis made a tweet mentioning Ford. According to the tweet, the company has submitted 19 applications to register trademarks for such models as Lincoln, Explorer, Mustang, Bronco, & F-150 Lightning, among others.

The automaker plans to create downloadable artwork, text, audio & video of its cars, SUVs, trucks & vans that will be authenticated by NFT, the USPTO has reported.

It's not even a month since the company has been laying off employees en masse worldwide to cut wasteful budgets. A funny correlation is also noticeable; luxury car brands like Bentley and Lamborghini have already released NFT collections.

While Nissan, Toyota & Hyundai have so far only announced plans to expand into the fast-growing Metaverse space.