Can you truly own anything in the metaverse? Not really, says a law professor

Apr23
by on April 23, 2022 at 11:00 am
Posted In: Hard Fork


In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then owned the equivalent of 1,200 city blocks. But did it? It turns out that legal ownership in the metaverse is not that simple. The prevailing but legally problematic narrative among crypto enthusiasts is that NFTs allow true ownership of digital items in the metaverse for two reasons: decentralization and…

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John Deere is slowly becoming one of the world’s most important AI companies

Apr22
by on April 22, 2022 at 6:32 pm
Posted In: artificial intelligence


John Deere has been in business for nearly 200 years. For those in the agriculture industry, the company that makes green tractors is as well-known as Santa Claus, McDonald’s, or John Wayne. Heck, even city folk who’ve never seen a tractor that wasn’t on a television screen know John Deere. The company’s so popular even celebrities such as Ashton Kutcher and George Clooney have been known to rock a Deere hat. What most outsiders don’t know is that John Deere’s not so much a farming vehicle manufacturer these days as it is an agricultural technology company. And, judging by how…

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