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Web3 Platforms Join Forces to Create an Open Metaverse Alliance

Web3 Platforms Join Forces to Create an Open Metaverse Alliance

Open Metaverse Alliance sees the daylight after Web3 platforms collaborate. 

On July 21, Web3 platforms, Animoca Brands, Alien Worlds, SAND (The Sandbox), Space, Dapper Labs, Upland, and Voxels, announced the creation of the Open Metaverse Alliance to deal with interoperability issues in the industry

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The work of the alliance will be based on four principles: decentralization, transparency, democratization, and inclusiveness

In its official announcement, the organization states:

We believe in a metaverse without restraining walls, where individual platforms are interconnected and fully interoperable. To realize this goal of an open metaverse we are announcing the creation of OMA3™ and invite all blockchain-based metaverse companies to join.”

OMA3 is set to function as a decentralized autonomous organization (DAO), meaning that the environment will be guided “by the principles of inclusiveness, transparency, and decentralization.”

The alliance will focus exclusively on issues related to the metaverse and possible regulations for procedures, non-fungible tokens, portals between digital worlds, their mapping, and indexing

After the news broke about the creation of the alliance, metaverse platforms are sharing their excitement through various channels

In the blog posted by Alien Worlds, the Co-founder and Co-CEO of Upland, Dirk Lueth, shared his enthusiasm:

It is very encouraging to see that the current builders of the blockchain-based Metaverse share the common vision that they need to work together so users can control and enjoy their digital assets across different platforms.”

The alliance encourages everyone interested to join The Global NFT Summit London, which will be taking place on July 22. During the conference, the formation of this alliance will be discussed in great detail.  

Gile K. , Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

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