A Question of Value: Assets in the Metaverse
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The metaverse—the three-dimensional digital representation of the physical world—may prove to be an integral part of the next generation of online connectivity. It presents astonishing commercial potential within web 3.0, the iteration of the World Wide Web in which networks are decentralised and users control their own data.
This, BRG’s first report concerning the metaverse, offers a primer on the legal, economic and social implications of valuations in this space, with future publications taking a closer look at the concept of asset valuation in the metaverse (particularly with regards to virtual real estate), market and public sentiment around these new concepts, and commercial and legal implications across the metaverse and web 3.0 more broadly.
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