Web3 platforms launch Open Metaverse Alliance

Blockchain-based Metaverse and Web3 platforms have decided to create the Open Metaverse Alliance for Web3 (OMA3) to address the interoperability challenges in the industry. The four basic principles of this alliance are: transparency, inclusion, decentralization and democratization.

The organization was founded by Alien Worlds, Animoca Brands, Dapper Labs, Space, Superworld, The Sandbox ( SAND ), Upland and Voxels. According to the official announcement, the funds will be used to overcome the interoperability problems mainly through proposing standards and promoting cooperation between the various Web3 interest groups and other industries.

OMA3 was founded as a decentralized, autonomous organization (DAO) to provide a "transparent and user-centric" system of governance. It will focus on specific topics related to the metaverse, such as standards for non-fungible tokens (NFTs), protocols, portable identities, portals between virtual worlds, mapping and indexing.

Alliance members plan to join the recently announced Metaverse Standards Forum. This is a coalition of Web3 companies that coordinates requirements and support for existing standards and develops standards relevant to the Metaverse.

Sebastian Borget, co-founder of The Sandbox, has created an example digital avatar to illustrate the topics that OMA3 will address:

"We want your avatar to be more than just a virtual representation and also carry your reputation as everyone on-chain can see what NFTs you own, earned, created or bought, all transaction history and hopefully progress/actions too , to which you have contributed over time."

The announcement also states that more details on the OMA3 draft will be revealed during the Global NFT Summit in London on Friday.

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