Trademarks In The Metaverse: Endless Possibilities

Despite being in its developing stages, metaverse has fast gained traction across several sectors like the gaming universe, sports leagues, social media platforms, NFTs, crypto currency and many others. This article attempts to analyse the scope of Trademark in the metaverse and its growing challenges.

There seems to be a lack of clarity on the definition of virtual goods and digital collectibles under the law. When it comes to physical goods and services, such issues over clarity seldom arise because the classification system is quite clear. However, the same is not true for the classification of virtual goods. These virtual goods are downloadable computer programs and in the real world, non-software companies are now obtaining trademark registrations for these software products. From a trademark law perspective, the decision as to whether or not such a separate classification is necessary largely depends on the commercial interest and whether consumers perceive