[전자신문 칼럼] Opportunity Zone Metaverse, Needs Institutional Support to Follow Up

Veat partner lawyer Songdo-yeong of Law Firm Veat contributed a column on the metaverse through the Electronic Newspaper. For more details, please refer to the column content at Electronic Newspaper [ET Stage] Opportunity Zone Metaverse, Needs Subsequent Regulatory Support.
 

The COVID-19 pandemic has fundamentally changed our lives. The way we work has changed, and interpersonal relationships and activity areas have rapidly decreased. However, alongside the demand for remote environments sparked by COVID-19, the metaverse will positively change our lives. Metaverse services can change the essence of things around us and significantly improve productivity.

Recently, numerous devices and services related to the metaverse have appeared. However, given that there are still many aspects that need to be overcome technologically and physically, it is expected to take a considerable amount of time to fully experience the metaverse.

When the metaverse becomes active, issues such as the application of the Game Act, Non-Fungible Tokens (NFTs), and a variety of legal and institutional issues including copyright, personal information protection, and new types of crimes will arise. In principle, most of these issues can be applied to the laws and regulations of the real world. However, issues that may arise specifically because it is the metaverse, issues where damage increases or disputes occur frequently, especially issues for activating the metaverse, require discussion from the beginning.

Electronic Newspaper [ET Stage] Opportunity Zone Metaverse Column, Needs Subsequent Regulatory Support.

Veat’s lawyers, with their background in science and technology and practical experience, understand both ‘IT/Technology’ and ‘Law’ simultaneously, allowing them to quickly and accurately identify client needs and perform business advisory/legal counsel services based on those needs. If you are an IT technology-based startup or need legal review related to the metaverse, please contact Law Firm Veat.

Thank you. Law Firm Veat Regards.