Title Towards a Lex Metaversi? The law applicable to virtual real estate in the metaverse
Authors LÓPEZ RODRÍGUEZ, ANA MERCEDES
External publication No
Means Interact. Entertain. Law Rev.
Scope Article
Nature Científica
SJR Quartile 3
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-85218770522&doi=10.4337%2fielr.2024.02.05&partnerID=40&md5=26184720f75a3f5818d33f1059647751
Publication date 01/01/2024
Scopus Id 2-s2.0-85218770522
DOI 10.4337/ielr.2024.02.05
Abstract Recently, substantial investments in strategically located virtual lands and buildings within the metaverse have been garnering significant attention. The regulatory framework governing these investments lacks clarity and traditional choice of law rules encounter challenges related to decentralized ownership of virtual real estate and complex digital frameworks. This article explores the concept of virtual real estate and discusses the limitations of applying choice of law rules to resolve conflicts concerning land in the metaverse. It advocates for the use of ‘voie directe\' methods to effectively address these challenges – an approach that could ultimately contribute to the development of a Lex Metaversi, an evolving set of rules specifically tailored to the dynamics of the metaverse. © 2024 Edward Elgar Publishing Ltd.
Keywords Arbitration; Choice Of Law; Lex Metaversi; Metaverse; Nfts; Virtual Land; Virtual Real Estate
Universidad Loyola members