A Study on the Problems and Implications of Metaverse and Virtual Real Estate

Currently, Metaverse is rapidly emerging in a situation where human encounters are decreasing due to COVID-19 continuing to be non-face-to-face. This metaverse and extended, virtual world are newly coined words that combine "meta," which means virtual and transcendent, and "universe," which means the world and the universe. Another expression is translated as 'virtual universe'. Metaverse was first used in Neil Stevenson's 1992 novel "Snow Crash." This refers to a virtual world in which real life in three dimensions and legally recognized activities, such as job, finance, and learning are connected. As a higher concept of virtual reality and augmented reality, it is a system that expands reality into a digital-based virtual world so that all activities can be performed in a virtual space. Specifically, in terms of politics, economy, society, and culture as a whole, it is widely used in the sense of living type, game-type virtual world, and virtual real estate where reality and non-realization coexist. This study should first consider, the concept and definition of metaverse, which is not clearly defined, and secondly, the scope of use of metaverse and virtual property, the two-way circulation of metaverse and other platforms, and establish a sound and stable, metaverse ecosystem. For this reason, the purpose of this paper is to activate the safety of metaverse and virtual real estate and the community of users so that they can be further developed.