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A report by Citibank published in March, 2020 observes that the Metaverse economy could be a thirteen trillion dollar total addressable market by the year 2030. But needless to say, the Metaverse brings into picture several aspects of the law such as Copyright law , Contract law, Tort law and Criminal law. Contract Law .
By 2030, it’s anticipated that the media and entertainment sector in India will generate $100 billion in revenue. It gives authors and artists the sole ownership rights to their original writings, music, films, and artwork. The ability to duplicate, distribute, perform, and exhibit the work is one of these rights.
However, the introduction of fractional ownership and tokenisation has made real estate investing more accessible to smaller investors. [1] 1] Fractional ownership allows multiple individuals to co-own a property, whereas tokenisation allows for the digital representation of each of these ownership interests on a blockchain.
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