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ARTICLE · 03 NOVEMBER 2022

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The Metaverse, Cryptos, NFTs And IP

In recent articles, we've discussed some of the IP implications of the Metaverse, cryptocurrency, and non-fungible tokens ("NFTs"). But when it comes to securing IP protection, what is really involved?

South AfricaIntellectual Property

In recent articles, we've discussed some of the IP implications of the Metaverse, cryptocurrency, and non-fungible tokens ("NFTs"). But when it comes to securing IP protection, what is really involved? This article provides background to these concepts and deals with some of the nitty-gritty as far as IP protection is concerned.

By definition, the Metaverse is "a virtual reality space in which users can interact with an environment generated by computer and with other users." As the metaverse continues to develop, we are quickly seeing its limitless potential. This virtual and immersive digital world parallels our own, contains digital representations of people, places and things and allows users to interact in the digital world as we have been doing in our physical world.

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