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Gary Vaynerchuk Files Trademark for ‘Vayner3’ NFT Consulting Arm

The firm could add to Vaynerchuk’s already influential presence in the NFT space.

Updated May 11, 2023, 5:44 p.m. Published May 31, 2022, 8:29 p.m.
Gary Vaynerchuk (Joe Scarnici/Getty Images for VaynerSports)
Gary Vaynerchuk (Joe Scarnici/Getty Images for VaynerSports)

Entrepreneur and non-fungible token (NFT) influencer Gary Vaynerchuk is launching his own NFT consulting arm, according to a May 25 trademark filing.

The firm will offer “technical consulting in the field of non-fungible tokens, cryptocurrencies and other metaverse and Web 3 activities and assets,” according to the filing.

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Filed under “Vayner3,” the company would be just the latest project on Vaynerchuk’s growing list of NFT ventures, along with his VeeFriends NFT collection, VeeCon conference (which took place in Minneapolis two weeks ago) and “FlyFish Club” NFT-gated restaurant.

The company will also offer “advertising, marketing and promotion services” related to NFTs, all considered current specialties of Vaynerchuk’s brand as an influencer in the space.

NFT consulting firms are often criticized for worsening the money-hungry facets of the space, though Vaynerchuk’s reputation has a knack for superseding stigma as one of the few influencers to avoid controversy since pivoting to NFTs.

Vaynerchuk representatives did not respond to CoinDesk’s request for comment.

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Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal

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Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.

What to know:

  • Nakamoto (NAKA) has agreed to acquire BTC Inc and UTXO Management in an all-stock deal valued $107.3 million.
  • Some expressed concerns about dilution for existing shareholders due to the stock price decline and the transaction's related-party nature.
  • The merger marks the initial step in Nakamoto’s plan to establish a portfolio of companies that can benefit from Bitcoin’s long-term growth.