{"id":5972,"date":"2022-01-17T14:15:49","date_gmt":"2022-01-17T07:15:49","guid":{"rendered":"https:\/\/belaws.com\/thailand\/?p=5972"},"modified":"2025-02-06T16:27:51","modified_gmt":"2025-02-06T09:27:51","slug":"start-a-business-in-the-metaverse","status":"publish","type":"post","link":"https:\/\/belaws.com\/thailand\/start-a-business-in-the-metaverse\/","title":{"rendered":"How do I start a business in the Metaverse?"},"content":{"rendered":"<div id='breadcrumb_section'  class='avia-section av-ksd0xiy5-8d7aad9d55850bb423a0559dd08c567f main_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  sticky avia-bg-style-scroll av-minimum-height av-minimum-height-custom  container_wrap sidebar_right'  ><div class='container av-section-cont-open' style='height:20px'><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-5972'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-ks8kyyfa-facab0127ba9da0f9df5cd8b638903d7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock breadcrumb'  itemprop=\"text\" >\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-18myty-919e5cb9f68131fb6240d9c12261edb4\">\n.av_font_icon.av-18myty-919e5cb9f68131fb6240d9c12261edb4 .av-icon-char{\nfont-size:11px;\nline-height:11px;\n}\n<\/style>\n<span  class='av_font_icon av-18myty-919e5cb9f68131fb6240d9c12261edb4 avia_animate_when_visible av-icon-style- avia-icon-pos-left av-no-color avia-icon-animate'><span class='av-icon-char' aria-hidden='true' data-av_icon='\ue874' data-av_iconfont='entypo-fontello' ><\/span><\/span>\n<div style=\"padding-left: 15px\"><span class=\"\"><a href=\"https:\/\/belaws.com\/thailand\/\">Belaws Home<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/\">Thailand<\/a> \u203a\u203a <a href=\"https:\/\/belaws.com\/thailand\/blog\">Blog<\/a><\/span> \u203a\u203a How do I start a business in the Metaverse?<\/div>\n<\/div><\/section>\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><div id='av_section_2'  class='avia-section av-re718-f933e9e3a470259eecd4d4692aaacea2 main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-3  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-5972'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd27few-1f8c384e085c379baccb5abbe326157c\">\n#top .hr.hr-invisible.av-ksd27few-1f8c384e085c379baccb5abbe326157c{\nheight:100px;\n}\n<\/style>\n<div  class='hr av-ksd27few-1f8c384e085c379baccb5abbe326157c hr-invisible  avia-builder-el-4  el_before_av_one_half  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-gmj0k-ac56bb06b98c278ca7684f46c4d7723e av_one_half  avia-builder-el-5  el_after_av_hr  el_before_av_one_half  first av-break-at-tablet flex_column_div '   ><p><section  class='av_textblock_section av-kscys0p5-dea49aec98af3418f6bc875197a205db'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock sur-titre_bleu'  itemprop=\"text\" ><p>legal<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-lra90-d8afa3d52809b62145c712abb654d90f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h1_bleu_post'  itemprop=\"text\" ><h1>How do I start a business in the Metaverse?<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b3jfo-03f63b84c9a76d84e1713c05a87923fd\">\n#top .hr.hr-invisible.av-b3jfo-03f63b84c9a76d84e1713c05a87923fd{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-b3jfo-03f63b84c9a76d84e1713c05a87923fd hr-invisible  avia-builder-el-8  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kscyalj7-2ad25b68643e9517389c1de031001cff'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>17\/01\/2022<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8omlw-1fef4e1bb76f4980a0641fa13b54a418'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>The Metaverse, which offers its users the chance to access a new and untapped world, purchase real estate and create, buy and sell NFTs verified by the blockchain, has been rapidly growing in popularity over the last several years. With each passing day we are seeing more and more well known companies establishing a presence with the Metaverse. For example, Samsung released the largest brand led immersive experience on Decentraland. Louis Vuitton, Adidas and other highly recognisable brands have also taken the plunge and established a presence in the Metaverse.<\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-bmm5w-737f28be9bb008277e27311ae0eaf479 av_one_half  avia-builder-el-11  el_after_av_one_half  avia-builder-el-last  av-break-at-tablet flex_column_div '   ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscy8en7-4162600ec3a0844c0127f42972a4207b\">\n.avia-image-container.av-kscy8en7-4162600ec3a0844c0127f42972a4207b .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kscy8en7-4162600ec3a0844c0127f42972a4207b av-styling- avia-align-center  avia-builder-el-12  avia-builder-el-no-sibling  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5974 avia-img-lazy-loading-not-5974 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129.png\" alt='How do I start a business in the Metaverse?' title='How do I start a business in the Metaverse?'  height=\"800\" width=\"990\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-600x485.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-300x242.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-768x621.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-495x400.png 495w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-845x684.png 845w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129-705x570.png 705w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/div><\/div><\/div><\/div>\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4\">\n.avia-section.av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4{\nbackground-color:#fafafa;\n}\n<\/style>\n<div id='av_section_3'  class='avia-section av-kscyoqk4-666a58ff317ddf61a5914fb400fd87f4 main_color avia-section-default avia-no-border-styling  avia-builder-el-13  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-5972'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-kwobeftn-9867fb9e8a079191497c35fcd0835a2d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_18'  itemprop=\"text\" ><p>The Metaverse is constantly evolving and we are currently seeing new cities appearing in which you can buy almost anything. For example, inhabitants of these cities can purchase land upon which you can build a property. This property can then be filled with pieces of art (i.e. NFTs the owner has purchased), and wear an outfit that has been supplied by a real world designer or shop. Concerts are also an attraction in the metaverse. To attend a concert, you have to purchase a ticket, which comes in the form of an NFT.<\/p>\n<p>The Metaverse allows people to interact, make real transactions, own assets, build property and companies, create intellectual property (IP), as well as so much more. This flexibility and variety has become an attractive proposition for businesses looking to take the next step in their development.<\/p>\n<\/div><\/section>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksd2ivxm-023071e5c33e5c283329416739e1beb3\">\n#top .hr.hr-invisible.av-ksd2ivxm-023071e5c33e5c283329416739e1beb3{\nheight:60px;\n}\n<\/style>\n<div  class='hr av-ksd2ivxm-023071e5c33e5c283329416739e1beb3 hr-invisible  avia-builder-el-15  el_after_av_textblock  el_before_av_two_third  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column av-fpevw-aab8acce1826d370629f645f34d6bd3b av_two_third  avia-builder-el-16  el_after_av_hr  el_before_av_one_third  first av-break-at-tablet flex_column_div '   ><section  class='av_textblock_section av-kscytnto-f4ae9c56c04bf4a15bd98ec286ef7b59'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are some of the most popular Metaverses?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8ohy4-615d1f27b696ad99b0177472e80baf0d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Metaverses are essentially virtual worlds made up of plots of digital \u2018land\u2019 This land can be bought or rented by users, who can then build a virtual experience on their plot. Virtual experiences can be anything, ranging from an art gallery to a business office.<\/p>\n<p>The Metaverse is a place where players can own land, build items and businesses, and then monetize their assets. A Metaverse operates on the blockchain and makes use of their own utility token, which can be used to purchase items within the Metaverse. Users can create and build digital assets, in the form of Non-Fungible Tokens (NFTs). These NFTs can then be uploaded to the Metaverses marketplace and sold, allowing other users to purchase and use them for their own needs.<\/p>\n<p>One important aspect to consider is that the utility token for the most popular Metaverses can be bought and traded on some of the leading exchanges such as Binance and Coinbase.<\/p>\n<p>The current most popular Metaverses include the following:<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2jj305-8438facf165d88b85e127060910d7fd2\">\n#top .hr.hr-invisible.av-2jj305-8438facf165d88b85e127060910d7fd2{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2jj305-8438facf165d88b85e127060910d7fd2 hr-invisible  avia-builder-el-19  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-2581ji-92d83432e1b7d53cb49837e4b39cfab1'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>The Sandbox:<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kwk5krax-9bb76e38790f3c1a4eb2b4b484ca4a64'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The Sandbox operates on the Ethereum blockchain and makes use of their own utility token, SAND. Users can monetize their time on the platform, by selling their NFTs on the marketplace, users keep 95% of the SAND made from the sale. There is a finite supply of 3,000,000,000 SAND.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-e12zid-d22067e9a092c14eba134a63127ae230\">\n#top .hr.hr-invisible.av-e12zid-d22067e9a092c14eba134a63127ae230{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-e12zid-d22067e9a092c14eba134a63127ae230 hr-invisible  avia-builder-el-22  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kwobug5k-fdf5119ceda39acb71829ffe664b99b5'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Decentraland:<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-8pzyk-31262c0feeaa086f9f0b326a91be6013'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Decentraland allows its users to have full ownership of their land and any digital assets they create or own. Much like The Sandbox, Decentraland operates on the Ethereum blockchain and their utility token is called MANA.<\/p>\n<p>Decentraland employs a system called the Decentralized Autonomous Organization (DAO). The DAO owns the most important smart contracts and assets within Decentraland e.g. LAND Contracts, the Estates Contract, Wearables, Content Servers and the Marketplace. The DAO is controlled by the Decentraland users who create and control the policies in force within Decentraland. The DAO will propose and vote on any policy updates, future LAND auctions and NFT contracts which are to be allowed within Decentraland.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-2pw051-c3b9e54dacbcf7e2c26dcddb7ad05810\">\n#top .hr.hr-invisible.av-2pw051-c3b9e54dacbcf7e2c26dcddb7ad05810{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-2pw051-c3b9e54dacbcf7e2c26dcddb7ad05810 hr-invisible  avia-builder-el-25  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8rphf-5d39bd8e831c528caf1e4e7ea1a83bec'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>My Neighbor Alice:<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kwbhiaqi-32a3c8f4d1461eed600289e48e21a5e3'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>My Neighbor Alice is slightly different to The Sandbox and Decentraland as it offers a narrative-driven story. However, players are able to purchase land and create NFTs.<\/p>\n<p>In addition to being able to purchase NFTs, My Neighbour Alice has a built-in lending and borrowing economy system. This system allows layers to lend or borrow NFTs in exchange for a fee. This is backed up through the use of Smart Contracts.<\/p>\n<p>My Neighbour Alice has their own utility token called ALICE which runs on Ethereum.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-297v0e-4f32b4bab04e73b2d9172a7efe4a6068\">\n#top .hr.hr-invisible.av-297v0e-4f32b4bab04e73b2d9172a7efe4a6068{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-297v0e-4f32b4bab04e73b2d9172a7efe4a6068 hr-invisible  avia-builder-el-28  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8o9zn-d15b6709f4eea2b29aa82d3edfcb0323'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>What are the main characteristics of the Metaverse?<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8p2dl-46aaac1d5270ee0a103506ba5bd80a5b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>The Metaverse is becoming increasingly popular with businesses and general users alike, but what is so intriguing about the Metaverse? The Metaverse offers the following unique characteristics:<\/p>\n<p><strong>Persistence<\/strong>: The Metaverse will exist regardless of time and place. This means the Metaverse isn\u2019t affected by real life issues such as global pandemics or political instability. This has the effect of creating a stable environment for users and businesses alike.<\/p>\n<p><strong>Synchronicity<\/strong>: Metaverse participants are able to engage and interact with each other within the Metaverse in real-time. Users can react to their virtual environment and one another as they would in the physical world. There have been examples of people getting married, holding their office parties and even performing concerts within the Metaverse.<\/p>\n<p><strong>Economy<\/strong>: Metaverse users, including business and enterprises, possess the ability to exchange goods and services in exchange for a recognised currency (e.g MANA in Decentraland or SAND in the Sandbox). These exchanges rely on constantly evolving technologies such as distributed ledger technology, smart contracts.<\/p>\n<p><strong>Interoperability<\/strong>: A Metaverse user will be able to use their virtual possessions across several Metaverse experiences. For example, a cross-platform user experience may allow a car unlocked in a racing game to be used in a different adventure game, or a piece of apparel purchased on the Metaverse to be &#8220;worn&#8221; and utilized in games, concerts, and any other virtual environments available.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kyi96lka-dd07c492769b668de08a2e95458c2eae\">\n.avia-image-container.av-kyi96lka-dd07c492769b668de08a2e95458c2eae .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kyi96lka-dd07c492769b668de08a2e95458c2eae av-styling- avia-align-center  avia-builder-el-31  el_after_av_textblock  el_before_av_textblock  post_photo_landscape'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-5978 avia-img-lazy-loading-not-5978 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b.png\" alt='How do I start a business in the Metaverse?' title='How do I start a business in the Metaverse?'  height=\"700\" width=\"1200\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b.png 1200w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-600x350.png 600w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-300x175.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-1030x601.png 1030w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-768x448.png 768w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-990x578.png 990w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2022\/01\/129b-705x411.png 705w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/div><\/div><\/div><br \/>\n<section  class='av_textblock_section av-kyi8plnb-94febcd5721ba3325ef1a7d4a16382de'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>Opening a business in the Metaverse<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kwocgf6v-45bf4c555edc16be5b6f331e4606fc6b'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>With the rising popularity of the Metaverse, companies are now looking to explore this sector and establish a presence there. Over the past few months we have seen consulting firms open an office in the Metaverse, major brands such as Louis Vuiton and Adidas have also opened stores for purchasing their goods as well.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-80an5g-a9f39becb9cdfac41833c619316adaa6\">\n#top .hr.hr-invisible.av-80an5g-a9f39becb9cdfac41833c619316adaa6{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-80an5g-a9f39becb9cdfac41833c619316adaa6 hr-invisible  avia-builder-el-34  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8sn54-44852c6e5523be589c77bd4b920d532d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>How can I open a business in the Metaverse?<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8t046-40cf915ca8d07672b0b679079a09fe0f'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>As mentioned above, The Sandbox, Decentraland and My Neighbour Alice are 3 of the largest and more developed Metaverses. However, there are a plethora of other options for your company to consider.<\/p>\n<p>Companies must remember that each Metaverse has its own access, membership, monetization rights, and formats of creative expression. As a result, the business practices and technical specifications greatly vary between each Metaverse. This means that a business established in Decentraland will not exist or be present in The Sandbox for example.<\/p>\n<p>There are however examples of different Metaverses collaborating together. For example, My Neighbor Alice, underwent a unique partnership with The Sandbox. As part of this partnership, avatars from My Neighbor Alice were fully compatible within The Sandbox.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-6bssdg-5b7d607c474a77a027e4b943c1f026e1\">\n#top .hr.hr-invisible.av-6bssdg-5b7d607c474a77a027e4b943c1f026e1{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-6bssdg-5b7d607c474a77a027e4b943c1f026e1 hr-invisible  avia-builder-el-37  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8tsc3-956eb22b6f624f9025a60ec39c0c27ab'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Which Metaverse should I start my business in?<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-3hn0ok-2030a0e6ba878813e6d24ec470376470'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Given that the Metaverses user base is constantly growing, there is limitless business potential. Companies can promote their products and services through methods not possible in the real world.<\/p>\n<p>When looking to start a business in the Metaverse, it is important to consider the following issues.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4ehxk4-c4be56880df6e31dbb3ccb2397e7b81e\">\n#top .hr.hr-invisible.av-4ehxk4-c4be56880df6e31dbb3ccb2397e7b81e{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-4ehxk4-c4be56880df6e31dbb3ccb2397e7b81e hr-invisible  avia-builder-el-40  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8v0ou-cfa56d4fa322f57f226239e03e919277'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>Should I rent or purchase land in the Metaverse?<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8vhe6-a414a99b0f3cffbbd84e831bb08c399c'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>When looking to launch a company in the Metaverse, much like real life location is important. Each Metaverse is made up of a map containing a variety of different areas. Some areas and plots of land may be more popular than others, and have a lot of visitors and traffic. Businesses will of course want to set up their entity in an area which is popular with other users. However, purchasing land in these areas will be very expensive.<\/p>\n<p>If purchasing land in your chosen Metaverse is not an option, there are opportunities to rent a plot of land instead. Renting land in the Metaverse allows the user to have access to land and provides the opportunity for them to build their asset on that land. While each Metaverse has different rules, normally when someone who rents a plot of land on the Metaverse owns 100% of the asset that is built on top of rented land. The person who owns and is renting out the land has no ownership over the experience built upon it. When a plot of land is rented, it cannot be sold on or rented to someone else until the smart contract governing the lease is terminated. Upon termination of the contract the former assets will be withdrawn from the land.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-36z58k-d72cbab8f485ef79b00a1fc0a6afc19d\">\n#top .hr.hr-invisible.av-36z58k-d72cbab8f485ef79b00a1fc0a6afc19d{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-36z58k-d72cbab8f485ef79b00a1fc0a6afc19d hr-invisible  avia-builder-el-43  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kyi8w0ct-e4086c9d3ea67dff7f9e710d5753d529'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h3_bleu_post'  itemprop=\"text\" ><h3>How do I build my business in the Metaverse?<\/h3>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8wi22-73a1198cf7b1552b1be03593e91c8b6d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>Once you have decided which Metaverse you would like to open your business in and acquired your desired land, it is time to decide on how your business looks in the Metaverse. The Metaverse allows its users to design and build anything they like. Samsung recently released a virtual experience in Decentraland. They modelled their land on the real physical Samsung 837 flagship location in New York City.<\/p>\n<p>Users can either build their own experience or there are numerous agencies who specialise designing and building your Metaverse location.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-35jho4-11de712154a6873ddc495f18697f5c88\">\n#top .hr.hr-invisible.av-35jho4-11de712154a6873ddc495f18697f5c88{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-35jho4-11de712154a6873ddc495f18697f5c88 hr-invisible  avia-builder-el-46  el_after_av_textblock  el_before_av_textblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kwocfmx6-0a605a1f149aed260bade8242f0e3a9d'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock h2_bleu_post'  itemprop=\"text\" ><h2>In conclusion<\/h2>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8xeqf-04ba65402c38783e904fa4a3ba7d28ee'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>While the Metaverse will continue to grow and unlock many new and exciting opportunities for businesses, it does come with both pros and cons. The Metaverse is still in a very early stage of its development and is currently without a fully developed legal system in place, meaning there are bound to be issues and teething pain. In order to maximise your businesses chances of success in the Metaverse, why not see how the Belaws team of experts can help you.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kyi8y51u-751f807bc16cf326df61804b26d390a6'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p>If you are interested in learning more about how your business could get involved with the metaverse, why not book a <a href=\"https:\/\/calendly.com\/belaws\/blockchainthailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-start-metaverse\" target=\"_blank\" rel=\"noopener\">Consultation with one of our Blockchain experts here<\/a>.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-kwblafeu-fa8abdc7a421e9b5fd2c4bc45ad5f636'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_16'  itemprop=\"text\" ><p><em>Please note that this article is for information purposes only and <strong>does not constitute legal advice<\/strong>.<\/em><\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15\">\n#top .hr.hr-invisible.av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-zyp8-41a00f5f67705ff7f7f0e4aaa8988d15 hr-invisible  avia-builder-el-51  el_after_av_textblock  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-azojo-a5db05410c30079af87f679b6ef91fd8\">\n.flex_column.av-azojo-a5db05410c30079af87f679b6ef91fd8{\nborder-radius:0px 0px 0px 0px;\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\npadding:0px 30px 30px 30px;\nbackground-color:#fafafa;\n}\n<\/style>\n<div class='flex_column av-azojo-a5db05410c30079af87f679b6ef91fd8 av_one_third  avia-builder-el-52  el_after_av_two_third  el_before_av_hr  av-break-at-tablet flex_column_div '   ><p>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkbhig-edfbb769ec414c16ec07823d03873c46\">\n#top .hr.hr-invisible.av-kslkbhig-edfbb769ec414c16ec07823d03873c46{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-kslkbhig-edfbb769ec414c16ec07823d03873c46 hr-invisible  avia-builder-el-53  el_before_av_hr  avia-builder-el-first  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174\">\n#top .hr.hr-invisible.av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174{\nheight:80px;\n}\n<\/style>\n<div  class='hr av-ksln7w2o-0134baf1cb7e03e415e0a9e1a2577174 hr-invisible  avia-builder-el-54  el_after_av_hr  el_before_av_image  av-desktop-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslkhjve-ba37ed1da696dc23e4ccc7153de07e3c\">\n.avia-image-container.av-kslkhjve-ba37ed1da696dc23e4ccc7153de07e3c .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-kslkhjve-ba37ed1da696dc23e4ccc7153de07e3c av-styling- avia-align-center  avia-builder-el-55  el_after_av_hr  el_before_av_hr  radius_10 img'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/calendly.com\/belaws\/legalthailand?utm_source=belaws&amp;utm_medium=website&amp;utm_content=thailand-start-metaverse\" class=\"avia_image\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class='wp-image-5839 avia-img-lazy-loading-not-5839 avia_image' src=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a.png\" alt='Book your legal consultation' title='Book your legal consultation'  height=\"526\" width=\"526\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a.png 526w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-300x300.png 300w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-100x100.png 100w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-90x90.png 90w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-120x120.png 120w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-36x36.png 36w, https:\/\/belaws.com\/thailand\/wp-content\/uploads\/2021\/12\/125a-180x180.png 180w\" sizes=\"(max-width: 526px) 100vw, 526px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ksll297i-ac8feca4576cdd5bdd6e22d214756788\">\n#top .hr.hr-invisible.av-ksll297i-ac8feca4576cdd5bdd6e22d214756788{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-ksll297i-ac8feca4576cdd5bdd6e22d214756788 hr-invisible  avia-builder-el-56  el_after_av_image  el_before_av_button '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-button-wrap avia-button-center  avia-builder-el-57  el_after_av_hr  el_before_av_hr  bouton-cta' ><a href=\"https:\/\/belaws.com\/thailand\/immediate-consultation-calendly-link\/\" class=\"avia-button av-ksllqrx2-432d3fb503efb2d8dbcef818b0efc55e avia-icon_select-yes-right-icon avia-size-large avia-position-center avia-color-theme-color\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Book now<\/span><span class='avia_button_icon avia_button_icon_right' aria-hidden='true' data-av_icon='\ue88d' data-av_iconfont='entypo-fontello'><\/span><\/a><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50\">\n#top .hr.hr-invisible.av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50{\nheight:25px;\n}\n<\/style>\n<div  class='hr av-1xgc7i-1f7cbfe8fdc424141cc6b6f218a09d50 hr-invisible  avia-builder-el-58  el_after_av_button  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-p84k-de56a185a3f17e9511778f9bc979b582'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock text_14'  itemprop=\"text\" ><p>Our consultations last for a period of 30 minutes and are conducted by expert Lawyers who are fluent in English, French and Thai.<\/p>\n<p>Consultations can be hosted via WhatsApp or Video Conferencing software for your convenience. A consultation with one of our legal experts is undoubtedly the best way to get all the information you need and answer any questions you may have about your new business or project.<\/p>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6\">\n#top .hr.hr-invisible.av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6{\nheight:15px;\n}\n<\/style>\n<div  class='hr av-kslm1kpi-e6d522183c5eda06f320ce62b63c40c6 hr-invisible  avia-builder-el-60  el_after_av_textblock  el_before_av_codeblock  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<br \/>\n<br \/>\n<br \/>\n<br \/>\n<\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kwbmgoj8-6dc09b81cb16036ac7d89efee366ca1b\">\n#top .hr.hr-invisible.av-kwbmgoj8-6dc09b81cb16036ac7d89efee366ca1b{\nheight:160px;\n}\n<\/style>\n<div  class='hr av-kwbmgoj8-6dc09b81cb16036ac7d89efee366ca1b hr-invisible  avia-builder-el-66  el_after_av_one_third  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-k144d1-24262e3b62bfe8c1eacb8f320581e8a6\">\n.avia-section.av-k144d1-24262e3b62bfe8c1eacb8f320581e8a6{\nbackground-color:#dfeef6;\n}\n<\/style>\n<div id='av_section_4'  class='avia-section av-k144d1-24262e3b62bfe8c1eacb8f320581e8a6 main_color avia-section-default avia-no-border-styling  avia-builder-el-67  el_after_av_section  el_before_av_postcontent  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-5972'><div class='entry-content-wrapper clearfix'>\n\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-hs2ds5-0fed6b5623b72853df6a393aeea2412e\">\n#top .hr.hr-invisible.av-hs2ds5-0fed6b5623b72853df6a393aeea2412e{\nheight:30px;\n}\n<\/style>\n<div  class='hr av-hs2ds5-0fed6b5623b72853df6a393aeea2412e hr-invisible  avia-builder-el-69  el_after_av_codeblock  el_before_av_one_half  av-medium-hide av-small-hide av-mini-hide'><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n<div class='flex_column_table av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac sc-av_one_half av-break-at-tablet-flextable av-equal-height-column-flextable'>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac\">\n.flex_column.av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac{\npadding:0 30px 0 0;\n}\n<\/style>\n<div class='flex_column av-g9ppyt-6c02505b7cfdda95c8444b3e065168ac av_one_half  avia-builder-el-70  el_after_av_hr  el_before_av_one_half  first 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=\"color:white;font-size:12px\">Belaws 2017 - 2025. \r\n<br>Belaws provides information and software only. Belaws is not a \"lawyer referral service\" and does not provide legal service or participate in any legal representation.\r\n<br>Belaws is not a law firm or a substitute for an attorney or a law firm. 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