Metaverse still not ready for virtual weddings and legal proceedings
Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues. As the global Web3 ecosystem continued to evolve at a staggering pace, so have the various use cases associated with this niche. In a striking new development, a high-ranking Singaporean government minister recently noted that legal marriage proceedings, court case disputes, and government services could one day be conducted using Metaverse platforms.While delivering a keynote address at Singapore’s TechLaw Fest 2022 late last month, the....
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X2Y2 has introduced optional royalties to their platform to mixed reaction, while Yumon has launched an NFT trading card game that turns Youtubers into fantasy hero characters. American fast-food chain Taco Bell and Metaverse platform Decentraland are teaming up to offer United States-based couples a chance to get married in the Metaverse.The chain has called for engaged couples to enter a competition to win the brand’s first legally-recognized Metaverse wedding package, with a ceremony and reception to take place in the virtual world of Decentraland. According to Taco Bell, the ceremony....
Metaverse and NFT images can either be downloaded from Adobe Stock or Pexels, or you can create them yourself using Photo Sphere or Splash apps. You’ve probably already heard of the nonfungible tokens (NFTs) craze as these colorful, almost cartoon-like pictures. And, when you think of the Metaverse, you already see a bright and virtual world viewed from your avatar. With NFTs, most people think of Bored Ape Yacht Club or the famous CryptoPunks. But, what we all want to know: How to get metaverse photos? Or, maybe you’re wondering how to get NFT images? Here’s how to brighten up your....
Virtual reality has been around for years, but the concept’s maturity means multiple metaverse fights for supremacy. In addition, a new World Wide Web is emerging where everything can virtually be. So, how are people trying to make money in the metaverse? Metaverse Virtual Galleries The most common business model in the metaverse is the […]
Singapore's Second Minister for Law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. Legal marriage proceedings, court case disputes, and government services may one day be offered on the Metaverse, according to a Singaporean government minister. Speaking at the TechLaw Fest 2022 on July 20, Singapore’s Second Minister for Law Edwin Tong argued even highly personalized, intimate events such as the solemnization of marriages have taken place online in the Metaverse. "It would not be unthinkable that, besides....
(This is a two-part series on the metaverse and how it is creating so much fuss in the internet) Ah, the metaverse. For the untrained gray matter, the word may sound like it’s been concocted out of some sci-fi novel. The metaverse is making a lot of noise in the virtual stratosphere. Some say it […]