Metaspace Race, Securing Minors in the Metaverse - from the Start
summary
Metaverse usage already draws real money—54 billion in virtual goods annually—and many platforms host minors: 80% under 18 with an average age ~12, so age fraud, fake wallets and phishing against MetaMask are common. Companies report 37% seeing attacks; deepfakes, account takeover and counterfeiting of NFTs appear now. Laws named include COPPA, GDPR, California Age Appropriate Design and new state rules (Utah, Arkansas) that force parental consent and age assurance; build age‑aware identity, tokenized consent, continuous auth and treat the Metaverse as another channel.
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chapters (15)
- 0:00Introduction and speakers
- 1:44What is the Metaverse
- 4:59Metaverse investment and engagement
- 6:46Web 2 vs Web 3 environments
- 9:18Business models in the Metaverse
- 10:00Minors in the Metaverse
- 12:51Security concerns and attacks
- 16:29Deep fakes and phygital risks
- 20:00Privacy regulations overview
- 22:38COPPA and GDPR explained
- 28:43COPPA compliance deep dive
- 33:24California and Utah age laws
- 36:56Age verification challenges
- 40:29Five best practices summary
- 48:43Q&A and closing
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