The Metaverse Republic - Virtual Worlds Forum 2007

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The Metaverse Republic

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Transcript of The Metaverse Republic - Virtual Worlds Forum 2007

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TheMetaverse Republic

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The tragedy of the commons

Edward Castronova: if there are no rules — or no real way to enforce the rules that do exist

— virtual worlds and games will inevitably suffer a tragedy of the commons [...] regulation is coming, like it or not, so we’ll all be better off if we work to make sure it is good regulation.

Source: Benjamin Duranske, VirtuallyBlind.com

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Current sources of law

“Code”Terms of Service

Community Guidelines

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Current sources of law

ContractsCustoms

Applicable law

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The anti-social contract

Limits of contracts in governing interactions in virtual worlds

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Design issues

Raising awareness

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Design issues

Structure design

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Design issues

Multi-platform charters

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Implementation issues

Identity and representation

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Implementation issues

Land and financing

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Democracy and representation

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Judicial system

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Local communities

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Checks and balances

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Enforcement

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Criticism

Isn’t this basically extortion?

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Criticism

Do we really need such a complex system?

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Benefits

Sophisticated commercial transactions for sums smaller than can practically be enforced and

adjudicated in national courts

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Benefits

Support and encourage local communities in the effort to organize themselves effectively and

resolve their internal disputes impartially

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Thank you!

Antonio BonannoMetaverse Republic Co-founder

[email protected]