Michael works for an investment fund in Austin, Texas. As someone who keeps up-to-date on the latest technology trends, he was surprised to learn that the virtual reality digital rights to his house are not covered, or even contemplated, under state law.
"My firm does a lot of work in tech and see what's happening with virtual reality. It's not hard to imagine that the value of properties in the virtual world will be significant," He explained.
"Without Title App, I'm not sure how I would have gone about claiming my full rights unless I hired a really expensive lawyer," said Michael.
Fortunately, with Title App, Michael was able to protect his property's digital rights with ease. As part of the TitleShield PRO plan, he was provided with a form that he filed with the county that was used to claim and record his digital rights, ensuring that they are linked to the property's title. He also claimed his Digital Title Certificate for his property, providing an immutable record and public record of his ownership.
"If someone was choosing between a property that's secured its digital rights, and one that doesn't, the one with the digital rights would seem to be more valuable. How much more valuable remains to be seen, but given the future of virtual reality, it's not going to be trivial."
The takeaway seems to be that if you own real property, it's crucial to also protect their digital and virtual reality rights. As Michael said, "The virtual reality industry is going to continue to grow, which means that protecting your property assets in the digital world is more important than ever." Stay ahead of the game with Title App.