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Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World

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The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected metaverse . The organization, formed by companies such as Animoca Brands, Dapper Labs, The Sandbox, and Unstoppable Domains, stated its objective was to achieve a decentralized, community-led, and user ownership-oriented open metaverse. Open Metaverse Alliance OMA3 Wants to Address the Isolated World Problem While the concept of the metaverse has grown to define a significant number of business models for the next years, there are inherent problems to its current execution. While there are currently a number of metaverses, are not interoperable, with no contribution from one to another. The Open Metaverse Alliance OMA3, launched on Nov 1, aims to contribute to the solution to this problem by creating standards for this communication to happen. OMA3 declares that its idea of the metaverse is community-driven, user ownership-based, and asset transfe...