Immersive technology is a key part of the emerging Web 3.0. A prominent aspect of this evolution of the World Wide Web is the Metaverse, which aims to build a fully immersive and self-sustaining virtual shared space for humans to use as they would the physical world in all aspects of life. Existing concerns and debates on privacy, user protection, and the ethics of monetising platforms also extend to the Metaverse. This brief discusses the three main areas of potential user safety issues in the Metaverse: avatar use; government-, business-, and peer-induced censorship; and decentralised finance and virtual asset ownership. It also explores the existing regulations pertaining to privacy and user safety, and how these can inspire a Metaverse-specific directive.
Source: Observer Research Foundation