Transacting in the Metaverse, But Getting Paid in Reality: Legal Considerations for Companies Establishing Payments Infrastructure | New York Law Journal - Law.com

2 years ago 40

Countless companies look to beryllium asking themselves the aforesaid question these days—what is the metaverse, and however tin we monetize it? And however is that antithetic than Web3?

Generally, the metaverse is thought of arsenic virtual worlds that relation arsenic societal networks wherever radical tin interact for enactment oregon amusement experiences and whitethorn bash truthful done virtual world and augmented world devices. One tin deliberation of Web3 arsenic the gathering blocks for not lone the metaverse, but the adjacent iteration of the Internet, utilizing technologies specified arsenic decentralized blockchain exertion successful a private, permissionless, and unafraid manner.

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