If you want to take full advantage of Metaverse, Non-Fungible Tokens (NFTs), and Intellectual Property Rights (IP) to accelerate the success of your projects, you need to understand their respective key concepts.

So, in this article, I will provide an overview of the Metaverse and how it fits into the Fastlane of adoption. I will also shed light on the important aspects of NFTs and Intellectual Property Rights in the Metaverse.

What is the Metaverse?

The term “metaverse” was coined by Neil Stevenson in his 1982 novel Snow Crash. There, it was a virtual place where the novel’s characters could escape from totalitarian reality. However, the realization of the term as we know it today was driven by Palmer Luckey, a then 18-year-old entrepreneur and inventor, who created, in 2010, the prototype…