England’s Law Commission proposes new property category for crypto assets
The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets. Go to Source
Virtual Property
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Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the “dream” of cross-platform NFT come true. Go to Source
Top metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year. Go to Source Powered by WPeMatico
Web3 community-building meets music technology at Wavelengths Summit 2023
Crypto natives and newbies alike came together to build community and share alpha on the latest in music technology and decentralization. Go to Source Powered by WPeMatico
Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide
In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto … Read more
Building communities and ensuring NFT success: Insights for artists
Building communities has become more crucial than ever in today’s rapidly changing art space, especially with the rise of NFTs. Go to Source Powered by WPeMatico
Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s
The manuscript is part of a larger series of physical and digital items related to the famous book. Go to Source Powered by WPeMatico
Metaverse experience to sway real-world travel choices in 2023: Survey
A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices. Go to Source Powered by WPeMatico
Court in China Recognizes NFTs as Virtual Property Protected by Law
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet Court Hears Case Involving Property … Read more
Metaverse is a new frontier for earning passive income
Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear. Go to Source Powered by WPeMatico
