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Buying Real Estate in the Metaverse: Wallets, Fees and Terms of Service

By Ashlee Hamilton on March 15, 2022
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GettyImages-1041512634-e1647042895170-300x173Anyone who has ever been involved in a real estate purchase knows how complicated the process can be. Determining where and what one wishes to purchase, deciding how best to finance the transaction, even knowing exactly why buying something makes sense in the first place—there can be a lot to juggle before one even encounters the complexity of forms, contracts and payment mediums. While going through the process of purchasing real estate in real life, I became curious about purchasing real estate in the metaverse. What exactly would I be purchasing? What can I do on my new virtual real estate? How can I prevent trespassers? Eager to find out (and assuming it would only cost a few hundred bucks), I set out to buy some real estate in the metaverse.

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  • Posted in:
    Real Estate & Construction
  • Blog:
    Internet & Social Media Law Blog
  • Organization:
    Pillsbury Winthrop Shaw Pittman LLP
  • Article: View Original Source

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