As the metaverse coalesces, big players in the space are making enormous investments. And while there are many business opportunities in the various metaverses for studios of every size, there’s a large, and growing, number of considerations to be mindful of as they build out their business plans. Companies need to start taking a hard look at what this new market will demand, from how to monetize user experiences safely to the legal and taxation requirements that will spring up, to the minutia of virtual economics.
At the 2nd Annual GamesBeat and Facebook Gaming Summit, Chris Hewish, president of video game commerce company Xsolla was joined by James Gatto, partner at the law firm of Sheppard Mullin, and games, blockchain and fintech leader, and Emily Stonehouse, chief compliance officer, Linden Lab Second Life to discuss these issues and more.
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