A Space for the Metaverse – Virtual World and the transition to Web 4.0

This pilot project will aim at informing the EU policy makers and stakeholders of the challenges and governance needs arising from the development of cutting-edge Virtual World and Web 4.0 technologies, as well as fostering a discussion on global governance with policy makers, civil society, private companies and the technical community. In particular, this project will have a strong focus on the promotion of European-led global standards, and the identification with stakeholders of potential global multi-stakeholder governance models that would allow the achievement of an open, interoperable, decentralised and rights-based Virtual World and Web 4.0. Furthermore, this project will facilitate communication and discussion between academia, policy makers and stakeholders to build a strong and competitive ecosystem toward an open, decentralised, trustworthy European and global Virtual World and Web 4.0 that reflect EU values and fundamental rights.