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Here There be Dragons: Avoiding Dangers in Virtual Property
Virtual property is a critical revenue source for a new generation games across all platforms. However, there are certain business models that have serious legal implications associated with gambling, sweepstakes, and securities regulation. In addition, there are a variety of ways to structure the ownership of virtual property by players and each of these types of ownership have different legal consequences. In this talk, we will discuss a variety of models as well as the legally sensitive areas companies should avoid when designing virtual property systems.
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