Top Web3 entities have come together to establish a DAO for the Metaverse.
Several key players in the Metaverse industry have collaborated to create OMA3, a decentralized organization designed to build a user-controlled Metaverse reliant on the principles of decentralization and comprehensive indexing.
The Open Metaverse Alliance for Web3 is committed to fostering a Metaverse that is owned by its users, where they possess rights to their assets, identities, and personal information. Additionally, this newly formed consortium aims to promote the interoperability of digital assets like NFTs, virtual properties, and services across various platforms.
A dozen reputable Web3 brands have already signed up to be part of this initiative. OMA3 Notable participants include Alien Worlds, Animoca Brands, Decentraland, Dapper Labs, and The Sandbox.
The organization welcomes all builders within the Web3 Metaverse ecosystem. Individuals and organizations can join by completing a form available on their website. website .
"At Animoca Brands, we aim to secure digital property rights for gamers and internet users worldwide, fostering a more equitable digital landscape as we work towards developing the open Metaverse. Establishing the standards for interoperability is a crucial milestone in our industry's progression, and we are excited to back grassroots initiatives from the Web3 community like OMA3,\" comments Robby Yung, CEO of Animoca Brands.
In June of this year, tech giants such as Microsoft, Meta, Sony, Huawei, and others came together to form 'The Metaverse Standards Forum.' This organization is exclusive to industry leaders and is focused on actionable projects and open-source tools that promote the acceptance of Metaverse standards. Samudai successfully secured over $2.5 million in funding.
Read related posts:
Disclaimer
In line with the Trust Project guidelines Holding a Master's degree in Public Communications, Valeria is also pursuing a second major in International Business Management. In her spare time, she enjoys photography and styling. Her journey into journalism began early; at just 13, she created her first fashion-oriented blog, igniting her passion for both journalism and fashion.
