Metaverse advertising issues are not new, but they do present heightened risks. ๐ค
๐ก Brands need to ensure their metaverse ads are clear to consumers.
๐ In the decentralised world of the metaverse, understanding which countries' advertising regimes apply can be challenging.
๐จโ๐ผ Existing rules on advertising, such as the Advertising Standards Authority's (ASA) 2021 Online Remit Guidance, still apply in the metaverse.
๐ฌ Key risk areas for brands regarding metaverse advertising include the immersive nature of the platform that can increase the risk of consumers not recognizing advertising.
๐ฐ Brands releasing NFTs need to be aware that they may be treated as cryptoassets, and additional obligations apply.
โ๏ธ Overall, while the issues thrown up by advertising in the metaverse are not new, the medium certainly creates heightened risks and is likely to draw regulator attention for the foreseeable future.
#MetaverseAdvertising #DigitalMarketing #Insights Read the article: https://www.globallegalpost.com/news/metaverse-advertising-applying-old-rules-to-a-brave-new-world-650988978
๐ก Would you like to learn more? Join our Web3, Metaverse & AI learning community: http://distributedrepublic.xyz/


