Do you have Digital Real Estate?

Virtual real estate encompasses digital assets owned or controlled by individuals within virtual environments like online games and virtual worlds. These assets include intangible items such as virtual land, buildings, avatars, virtual currency, virtual goods, and digital representations of real-world assets. Much like physical property represents ownership in the real world, virtual property holds value and ownership in the digital metaverse.

Ownership and management of virtual property are typically determined by the terms of service or end-user license agreements (EULAs) specific to the virtual platform or game. Nevertheless, the legal landscape surrounding virtual property is intricate, with variations across jurisdictions and questions concerning intellectual property rights, taxation, and the enforceability of these rights.

If you own digital real estate, remember to follow best password practices to keep your accounts safe. You can learn more about password privacy here.