Advertising and Marketing in the Metaverse: A Lawyer’s Guide to A New Digital Reality, Including Blockchain, Crypto, NFTs, and Gaming

Amy Ralph Mudge
Partner
Baker Hostetler LLP

Sonia Carreno
President
Interactive Advertising Bureau of Canada

Austin Wong
Head of Legal and Business Affairs
Wattpad WEBTOON Studios
The metaverse, a universal virtual world, is a huge development for the brand-consumer relationship. It gives brands the ability to offer immersive digital experiences to consumers in a new way with no physical product exchanging hands. However, this brave new virtual world may present a whole universe of legal challenges for advertisers and marketers.
Points of discussion will include:
- Understanding the framework of the metaverse and its legal implications for advertising and marketing
- Examining the role of blockchain and cryptocurrency in the metaverse and the potential legal hurdles they pose to advertising and marketing
- Exploring IP challenges with the metaverse
- How do block chain, crypto, and NFTs play out in the metaverse
- Exploring legal challenges and risks with NFTs in marketing and advertising
- Understanding the relationship between IP and the Non-Fungible Token (NFT)
- Identifying the “dos and don’ts” for advertisers with NFTs
- Understanding what brands need to think about when implementing an NFT and Metaverse Strategy
- Examining the legal implications for NFT use in gaming