Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Protecting Clients In the Virtual World

By Cameron B. Pick
May 01, 2022

The "metaverse" in conjunction with Web 3.0 can be thought of as an immersive virtual reality world or worlds, where users can play games, socialize, conduct business, and fully experience the Internet as if they were in the real world. Rather than logging into different websites with several different usernames, a user can have a single 3D avatar for traversing the metaverse and interacting with other users, companies and other organizations.

Picture a less dystopian version of "Ready Player One," where users from all over the world have avatars dressed in the finest apparel and drive fast cars to lavish parties in scenic virtual locations. Social media influencers don't have to leave their homes to broadcast content from some of the most beautiful places. Digital artwork can be displayed in virtual houses or art galleries within the metaverse. Companies can advertise their products or sell virtual versions, such as virtual clothing, virtual shoes, virtual jewelry and virtual accessories. Esports spectators can watch tournaments from a perspective that more closely resembles attending a sporting event rather than watching people play a video game on a screen. Virtual merchandise can even be sold at these events.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
New York's Latest Cybersecurity Commitment Image

On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.

Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office Image

A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.

Bit Parts Image

Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights

Risks of “Baseball Arbitration” in Resolving Real Estate Disputes Image

“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.

The Bankruptcy Hotline Image

Recent cases of importance to your practice.