Weekly IP Buzz for the Week Ending February 11, 2022

In this week's post, we see that the Metaverse is definitely the next big thing in 2022, and as such, celebrities, famous companies, and tech insiders are all hustling to buy up parcels of it.

The Metaverse and Investing in Virtual Land

Ever since Facebook announced its pivot to virtual reality, plots in the Metaverse have grown by as much as 500% in just the past few months. And it’s not just technology buffs or industry insiders that are finding their way into the Metaverse, but it’s also celebrities, giant retailers like Wal-Mart, and tech icons like Microsoft, too. And for those that have not heard about it yet? What is it?

Vaguely, the Metaverse is considered to be the “next big thing.” If you don’t remember, the last “big thing” was the Internet of Things, which boasted and touted the interconnectivity of all things. In 2022 now, it's the Metaverse, which promotes interconnectivity, too, but in a whole different realm.

Read the full article here.

For more posts, see our Ideate blog for the latest news and insights into law, business, and culture.

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In addition to publishing Thriving Attorney, Darin M. Klemchuk is founder of Klemchuk LLP, a litigation, intellectual property, and transactional law firm located in Dallas, Texas. Click to read more about Darin Klemchuk's practice as an intellectual property lawyer. For more on the latest developments in IP law, see the blogs Ideate and IP Questions Answered.