By Demond Cureton | XR Today
Discussions on developing best practices and legal standards for the Metaverse have become crucial over the last few years, leaving many organisations to scramble for legal frameworks dedicated to the rising spatial communications platform.
XR Today spoke to Jordan Rose, Founder and President of The Rose Law Group, a Scottsdale, Arizona-based law firm dedicated to studying Metaverse law and the most recent concerns in the sector.
Rose operates the world’s first female-led law practice and is dedicated to navigating the development of legal matters related to the metaverse, Web3, and intellectual property (IP) rights and patents.
Who Rules on the Metaverse?
XR Today asked how metaverse law would develop over the next few years and where it would grow in different levels of jurisdiction, whether in regional, national, or international law.
Replying, Rose stated that many prominent law firms, including at Harvard and Stanford, may begin exploring the “right course of development” for standardising law across the Metaverse.
Other groups had hinted at the idea of a ‘Constitution of the Metaverse,’ which would explore the definitions of metaverse law.
She cited circumstances around outer space, which had a specific treaty and set of laws. Comparatively, there were no laws dedicated to the Metaverse, she added.
Continuing, she said,
“Certainly, we have all our state and federal laws, but there’s no Metaverse law. You have to fall back to the contract, what state the contract is in, and where the business transaction is happening, and it’s pretty confusing. It’s something that lawyers and judges will look at and probably see differently, compared to where and what law applies in certain instances”
She added many lawsuits would take place on “a case by case basis” depending on the laws and terms of individual contracts.
