Purchase and Sale Contracts for Virtual Assets – an analytical study from a legal and legal perspective

Abstract

Contracts for the sale and purchase of virtual assets are one of the important topics that require careful study and careful legal and legal analysis, as these contracts that involve the transfer of digital property such as cryptocurrencies, non-fungible tokens (NFTs) and other virtual elements, and the study is based on analyzing the legal nature of these contracts and their compatibility with existing legislation and the legal challenges they face, We show the legal framework adopted by some countries that deal with this type of contract, which are modern and advanced topics in digital civil and commercial law, as virtual buying and selling are comprehensive terms for collecting sales representatives' processes and techniques to engage buyers remotely and include interaction with potential customers and building relationships, And closing sales using different digital strategies, including sales offers, price negotiations, creating loyal customers, purchase prices and buying goods and services, and that this type of unusual contract, but modern, sophisticated and rapidly profitable flourishes because of its access to the market quickly and the technological progress of artificial intelligence techniques, which causes rapid spread and the desire to sell or buy the virtual asset of this world. The law in general and the civil law and contracts in particular have been affected by the technological development and techniques of artificial intelligence in the modern era, where through smart technologies, sales and purchases that require smart contracts in turn to facilitate the process of virtual buying and selling, which enter the world of virtual, electronic and artificial intelligence.