Legal Issues in the Metaverse – part 2: commercial opportunities
By Leanne Mostert, Qaasim Ganey, Clare-Alice Vertue, Lehakoe Masedi, Raeesah Shaik, Sage Kruger, Cor Kraamwinkel, Margaret Vermaak, Victoria McFarlane, Nasrin Kharsany
In this Part 2 of our 'Legal Issues in the Metaverse' series, we focus on the legal considerations for businesses that intend to commercialise opportunities in the metaverse. There are numerous legal issues for businesses to consider when embarking on their metaverse offering, including intellectual property protection and commercialisation, M&A transactions, competition considerations, the laws regarding decentralised finance and taxation.
In Part 1 of this series, we outlined what the metaverse is, some key terms and use cases, and some consumer-related and liability issues that are likely to be prevalent in the metaverse.