Despite Rough Start, IP Will Rule The Metaverse

Despite Rough Start, IP Will Rule The Metaverse

Noted data policy expert Lori Fena, Co-Founder of Personal Digital Spaces, outlines the three fundamental drivers to unlock the value of Intellectual Property in Web3, the Metaverse and NFT Marketplaces
WINSTED, Conn., April 26, 2022 /PRNewswire/ — NFT marketplaces have made a critical miscalculation by ignoring¬†Intellectual Property (IP) infrastructure. NFT trades are just token exchanges without offering clear rights to underlying content. The pervasive failings of NFT marketplaces demonstrate the perils that beset IP rights holders and users when terms-of-service disclaimers combine with unrestrained, real-time¬†distribution systems.