Metaverse is growing exponentially with increasing support from investors and business entities. It provides real-life experiences in a simulated environment with unmatched potential for entertainment and earnings, which can be divided into two sorts of platforms in general. The first involves leveraging nonfungible tokens (NFTs) and cryptocurrencies to create blockchain-based metaverse startups. People can buy virtual products and create their own settings on web platforms. The second group uses the metaverse to describe virtual worlds in general, where people might meet for business or enjoyment. In addition, an array of technology solutions for closing contracts and solving disputes is available with the blockchain technology.
These activities trigger a number of legal issues, as for instance the applicable law, securities issues, NFTs and crypto currency regulations, IP enforcement and brand protection, tax issues, contract and tort laws, defamations laws and dispute resolution procedures.
Our panel of experts will discuss these and other aspects to get a clear picture as to what you might come across when exploring the Metaverse field.