META GOODS -An analysis of the nature of products in metaverse- BY - ATHUL MOHAN

[1] Noel Stephenson, ‘Snow Crash’ (London: Penguin Press, 1992), 23.

[2] Ronald Leenes, ‘Privacy in the Metaverse’, in IFIP International Summer School on the Future of Identity in the Information Society (Boston, MA, Springer, 2007) pp. 95–112.

[3] Michael Zyda, ‘Let’s Rename Everything ‘the Metaverse!’ Computer Published by the IEEE Computer Society. 55, no. 3 (2022): 124–29, < https://doi.org/10.1109/MC.2021.3130480>last accessed 21 December 2022.

[4] Wen-xi Wang, ‘A Survey of Metaverse Technology’, [2022] no. 4 Chinese Journal of Engineering 44; PP. 744–56.

[5] Safari Kasiyanto, Mustafa R. Kilinc, ‘The Legal Conundrums of Metaverse’ [2022] 1 Journal of Central Banking Law and Institutions 299.

[6] Christopher J. Cifrino, “No TVirtual Property, Virtual Rights: Why Contract Law, Not Property Law, Must Be the Governing Paradigm in the Law of Virtual Worlds,” (2014) 5 BCL Rev 235.

[7] C Krishnasai, ‘21-year-old woman virtually raped, harassed in metaverse: Report’ ( WION, 28 May 2022)       < https://www.wionews.com/world/21-year-old-woman-virtually-raped-harassed-in-metaverse-report-483043> last accessed 21 December 2022.

[8] The data was retrieved from https://nonfungible.com/market-tracker.

[9] To read more on NFTs; https://www.authorea.com/doi/full/10.22541/au.166490992.24247550.

[10] Jon Radoff, ‘Market Map of the Metaverse’, (Medium, 2021) < Market Map of the Metaverse. In my article on the value-chain of the… | by Jon Radoff | Building the Metaverse | Medium> last accessed 21 December 2022.

[11] To read more on blockchain technology; https://www.ibm.com/in-en/topics/what-is-blockchain.

[12] https://decentraland. org/

[13] Ibid.

[14]< https://market.decentraland.org/contracts/0x60e7cf89e84c9fed1fd88c13776ec97fd88cec57/items/0 > 22 December 2022.

[15]https://market.decentraland.org/contracts/0x2a187453064356c898cae034eaed119e1663acb8/tokens/12060661914756327878336742964105797916296436198843458402557462985671426322016 22 December2022.

[16] The Sale of Goods Act 1930, S. 2 (7).

[17] GST Act 2017, S.2(52).

[18] Constitution of India 1950, art 366 (12).

[19] 2006 AIR 1383.

[20] Ibid [63].

[21] ‘Deliverable, n’ (Cambridge dictionary) < https://dictionary.cambridge.org/dictionary/english/deliverable> last accessed 22 December 2022.

[22] Supra note 20; [45].

[23] 1959 SCR 379.

[24] ibid [27].

[25] Supra note 23.

[26] Supra note 24; [25].

[27] (2005) 1 SCC 308.

[28]  Jeremy Bentham, ‘An Introduction to the Principles of Morals and Legislation’. (1823, London: Pickering).

[29] National Provincial Bank V. Ainsworth [1965] AC 1175.

[30] Supra note 27; [39].

[31] St Albans City and District Council v. International Computers Limited [ 1996] 4 AII ER 481; Eurodynamics Systems Plc v. General Automation Limited 6th September 1988.

[32] P.S Atiyah, John M Adams, Hector Macqueen, ‘The Sale of Goods’ (10th edition, Taxmann India 2001); p.69.

[33] [2019] EWHC 3556.

[34] ibid [59].

[35] B2C2 Ltd v Quoine Pte Ltd [2019] SGHC(I) 03, Vorotyntsea [2018] EWHC 2596 (Ch) and Liam David, unreported.

[36] Supra note 33; [55].

[37]  Warsamlac, ‘Assignment in Choses of Action’, (Law King, 20 October 2020). https://warsamalc.com/assignment-of-choses-in-action/; As a rule, choses in action are your rights that you must claim. They are not in your actual possession to benefit from them, rather you may lose. To simplify, your money in your hand is a chose in possession, whereas your money in the bank is a chose in action wherein you need an action to possess.

[38] [1885] 30 ChD 261.

[39] Supra note 33; [84].

[40] Oxford Analytica, ‘Metaverse Adoption Will Multiply Cybersecurity Risks’ (2022).

[41] Decentraland T&C, Clause 5.1 < https://decentraland.org/terms/ >

[42] Chetan Thathoo, ‘Digital India Act: Govt Plans Category-Wise Regulations for Online Intermediaries’ (INC 42, 10 December 2022) < https://inc42.com/buzz/digital-india-act-govt-plans-category-wise-regulations-for-online > last accessed 24 December 2022.

Current Issue

META GOODS -An analysis of the nature of products in metaverse- BY - ATHUL MOHAN

Authors: ATHUL MOHAN
Registration ID: 102092 | Published Paper ID: 2092
Year : Nov -2023 | Volume: 2 | Issue: 16
Approved ISSN : 2581-8503 | Country : Delhi, India
Page No : 18

Doi Link :  https://www.doi-ds.org/doilink/11.2023-12218719/META GOODS -An analysis of the nature of products

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