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Silicon Valley wants to introduce metaverse standards

 


Facebook's rebranding as Meta has created a real race to create the first fully functional Metaverse. Basically there are two opposing ideological approaches. Community driven vs. corporate driven, decentralized vs. centralized, crypto vs. corporations. The latter now want to join forces and create a uniform industry standard for the construction of digital parallel worlds.


To do this, the companies created the Metaverse Standards Forum . The conglomerate includes tech giants like Microsoft or Meta , game manufacturers like Epic Games , but also corporations from other economic sectors like IKEA. A total of 37 companies belong to the organization. Together they want to focus on “pragmatic, action-oriented projects” in order to create uniform standards, for example for AR and VR technologies, and thus make metaverses interoperable.


Interesting: you won't find a representative from the crypto space, despite prominent Metaverse projects such as The Sandbox or Decentraland . However, according to the website , the forum is open to everyone .

While the founding members hail from a wide variety of industries, one company doesn't make the list, but market observers credit it with a future leadership role in the Metaverse — Apple .

The tech giant is keeping a low profile on the topic of virtual worlds, but CEO Tim Cook hinted in January that it was dealing with "innovation" and "emerging technologies." The word "Metaverse" was not mentioned, but according to Bloomberg , Apple is said to be working on its own headset that will contain both AR and VR elements. Market observers take this as a pointer. However, there has not yet been an official presentation.


With such a move, Apple would be in direct competition with Meta. The social media group made the Metaverse a prestige project and has since invested billions in research and development. However, it remains to be seen to what extent a new competitive situation could arise here.

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