Blockchain and Web 3.0-based metaverse platforms have decided to form the Open Metaverse Alliance for Web3 (OMA3) to overcome industry interoperability challenges. The four basic principles of the alliance are said to be transparency, inclusiveness, decentralization and democratization.
The joint organization was created by Alien Worlds, Animoca Brands, Dapper Labs, Space, Superworld, The Sandbox (SAND), Upland and Voxels. As specified in the official announcement, the means to overcome interoperability challenges will focus on proposing standards and facilitating collaboration between the various stakeholders of Web 3.0 and other industries.
OMA3 will be established as a decentralized autonomous organization (DAO) to ensure a “transparent and user-centric” governance system. It will focus its efforts on specific topics related to the metaverse, such as standards for non-fungible tokens (NFTs), protocols, transferable identity, portals between virtual worlds, mapping, and indexing.
Alliance members intend to join the recently announced Metaverse Standards Forum, a constellation of Web3 companies that coordinates requirements and support for existing standards and develops standards relevant to the metaverse.
The co-founder of Sandbox, Sebastian Borget made an example of a digital avatar to illustrate the issues that the OMA3 is going to work on:
“We want your avatar to be able to be more than just a virtual representation, and also carry your reputation, as anyone can see what NFTs you have, have earned, created or purchased, the full transaction history and hopefully progression. /actions you’ve contributed to over time.”
The announcement promises to reveal more details of the OMA3 scheme during the Global NFT Summit in London on Friday.
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