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ARTICLE · 01 MARCH 2022

Are You Well "Versed" In The Legal Issues With Metaverses?

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As frequently as you heard "NFTs" in 2021, you will hear "metaverse" in 2022. The common denominator with these topics is that both heavily leverage blockchain technology.

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As frequently as you heard "NFTs" in 2021, you will hear "metaverse" in 2022. The common denominator with these topics is that both heavily leverage blockchain technology. The other common denominator is that both NFTs and metaverses involve a long list of complex legal issues. We have addressed some of the legal issues with NFTs here and here. The link below provides an overview of some of the legal issues with metaverses. We view metaverses as a confluence of technologies and business models which may include some or all of those set forth below. Many companies are jumping into NFTs and the metaverse but don't have a full understanding of all of the potential legal issues. As each metaverse is unique, it is important to obtain an assessment of the potential legal issues with your metaverse implementation or participation and the various technical and business elements you plan to use.

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