| The rapid development of Internet technology and the rise of the industry of online games have created a brand-new virtual space for man, which is different from the realistic world. The system of property right in the virtual world, however, is quite similar to that of the realistic one. The influences exerted by the appearance of virtual property are inevitable for us human beings. Besides, it is required that virtual property should be supported and protected in terms of theory and legislative practice.Existing in the virtual cyberspace separated from the realistic world, virtual property usually refers to the digital immaterial property, valued by cash, which is acquired, accumulated and stored in some ways on specific network servers through cyber users' operation on the Internet. Despite its different characteristic from traditional property, virtual property also possesses value. Considering the reasons for the existence of virtual property is a good opportunity for us to view various traditional types of property in the realistic world and their legal relations.Legal protection for any property is on the premier that the property possesses value. Applying the three main theories on the legitimacy of private property in the western countries (Bentham's Utilitarian Theories, Lockean Theories, and Hegel's Personality Theories), the article analyses the value of the new type of property, and comes to the conclusion that virtual property possesses the same value as the property in realistic world, therefore, it is necessary to regulate and protect virtual property by law.With the development of our society, the system of property right should become opener and more advanced and so does the system of invisible property right. As a new type of Incorporeal Property, virtual property of online games reflects the tendency. Its appearance will further propel the Revolution of Decorporealization of Properties.The article includes Forewords, Text and Epilogue, while the Text is divided into four parts: Chapter 1 introduces the generative environment of virtual property– the Internet; Chapter 2 defines the conception of virtual property; Chapter 3 demonstrates the value of virtual property; Chapter 4 analyses legal orientation of virtual property and its further impetus to the revolution of decorporealization of properties. |
