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VIDEO · 12 JULY 2022

The Metaverse - Opportunities, Markets, And Regulations (Video)

Jones Day
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Jones Day Financial Markets partner Mark Rasmussen explains how real-life regulations could cross over into the rapidly expanding metaverse space.

United StatesTechnology
Mark W. Rasmussen
Mark W. Rasmussen
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Jones Day Financial Markets partner Mark Rasmussen explains how real-life regulations could cross over into the rapidly expanding metaverse space. He talks about the metaverse's current uses and potential advancements, and the possible legal issues confronting its participants.

A full transcript is below.

Mark Rasmussen:

The term metaverse is still being defined, and it may have different meanings for different people. The term was coined back in the early '90s by a science fiction writer. What he envisioned was a persistent online 3D virtual world, where we can interact with one another. The way I see it in sort of simple terms is bringing more of your physical world into an online virtual world, and also bringing some of the online virtual world more into your physical world. You might hear the terms virtual reality and augmented reality.

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