Virtual Property – DIGIT INFO

England’s Law Commission proposes new property category for crypto assets

DIGIT — Wed, 31 Jul 2024 08:56:38 +0000

The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.

Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects

DIGIT — Fri, 10 Nov 2023 07:15:11 +0000

Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the “dream” of cross-platform NFT come true.

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Top metaverse property investments suffer massive losses: Report

DIGIT — Sat, 27 May 2023 08:20:00 +0000

Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year.

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Web3 community-building meets music technology at Wavelengths Summit 2023

DIGIT — Fri, 12 May 2023 14:22:45 +0000

Crypto natives and newbies alike came together to build community and share alpha on the latest in music technology and decentralization.

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Hong Kong Judge Rules Crypto Assets as ‘Property,’ Following Similar Rulings Worldwide

DIGIT — Wed, 19 Apr 2023 22:20:03 +0000

In a court case linked to the now-defunct crypto exchange Gatecoin, a Hong Kong judge has ruled that cryptocurrencies are “property” which is “capable of being held on trust.” According to the law firm Hogan Lovells, this case should provide greater clarity to insolvency practitioners and other common law jurisdictions. Hong Kong Judge Designates Crypto […]

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Building communities and ensuring NFT success: Insights for artists

DIGIT — Mon, 17 Apr 2023 14:14:00 +0000

Building communities has become more crucial than ever in today’s rapidly changing art space, especially with the rise of NFTs.

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Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s

DIGIT — Thu, 23 Feb 2023 20:45:00 +0000

The manuscript is part of a larger series of physical and digital items related to the famous book.

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Metaverse experience to sway real-world travel choices in 2023: Survey

DIGIT — Sat, 17 Dec 2022 07:00:00 +0000

A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices.

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Court in China Recognizes NFTs as Virtual Property Protected by Law

DIGIT — Tue, 06 Dec 2022 22:30:23 +0000

A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet Court Hears Case Involving Property […]

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Metaverse is a new frontier for earning passive income

DIGIT — Mon, 28 Nov 2022 14:34:56 +0000

Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.

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