The metaverse and Web3 present opportunities to fundamentally transform how we live, interface with brands, buy products and services, and expand our businesses. For companies seeking to harness the still largely untapped potential of this burgeoning virtual world, challenges arise as lawmakers and regulators grapple with its expansive growth. Our work on behalf of clients from the metaverse’s infancy—including advising the leader of VR headsets from its inception to the launch of sports memorabilia NFTs—means that Morgan Lewis stands ready to help companies achieve ambitious business objectives and profit in this exciting new space.
As new software and hardware market entrants and blockchain-based technologies such as NFTs and cryptocurrencies have continued to evolve, a myriad of legal and regulatory considerations inevitably follow.
Our global team draws on its expansive industry background across the fintech, technology, financial services, ecommerce, arts, and sports sectors to advocate for our clients on intellectual property, data privacy, government enforcement, workplace culture, accessibility, commercial contracting, antitrust, litigation, tax, and other matters. We collaborate seamlessly across our global suite of practices and offices, tracking how jurisdictions are evaluating and creating legal and regulatory frameworks surrounding the metaverse, Web 3.0, and cryptoassets. Among other matters, our global experience includes advising one of the leading cryptocurrency exchanges in Asia through its regional restructuring under Singapore’s insolvency laws.
Whether taking the leap into the metaverse or are already operating in this space, our knowledgeable metaverse practitioners have a command of the issues needed to protect our clients’ brands and business interests—both now and as this bold future rapidly unfolds.