Metaverse Law - How to Protect Yourself
Brett Sager is a commercial trial lawyer at Ehrenstein Sager, a business law boutique providing bespoke trial and transactional services. Sager specializes in digital asset disputes, especially in play-to-earn games and Metaverse land sales.
Why you should listenPlay-to-Earn games provide an opportunity for investors to earn profits while having fun. However, until the regulation of digital assets is more established, investors should be careful when investing their digital resources in games in the metaverse. Although PTE games create an opportunity for rewards, they invite potential risks for gaming investors. That risk exists because the digital asset industry does not face the same federal oversight as traditional investments such as stocks and bonds. For now, a PTE game or virtual real estate investor won't receive the same financial and nonfinancial disclosures they would otherwise receive if they were purchasing a more traditional investment. Do your due diligence.
Supporting links
What to be aware of with P2E games
Metaverse investing is high risk
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