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Home»Metaverse»Largest Metaverses unite with the launch of OMA3
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Metaverse

Largest Metaverses unite with the launch of OMA3

2023-10-05No Comments2 Mins Read
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Open Metaverse Alliance for Web3 (OMA3) was jointly launched by several prominent blockchain-based companies and major metaverse platforms. Some of the companies include ‘The Sandbox’, ‘Decentraland’, ‘Animoca Brands’ and ‘Upland’. In summary, the organization’s goal is to guide the evolution of the metaverse in a direction that aligns with some of Web3’s core principles.

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To clarify, OMA3 is a group of major web3 brands that want to build a user-owned metaverse.

About OMA3

The Open Metaverse Alliance for Web3 (OMA3) was founded to prevent the negatives of web2 from finding their way into web3 and the metaverse. The organization believes in “a metaverse without walls, where individual platforms are connected and fully interoperable.” Some others, on the other hand, believe that the metaverse should be closed off with walled gardens. This extreme alternative is similar to the current state of web2, which is what OMA3 is trying to avoid.

OMA3 will be structured as a DAO operating as a consortium. The members of this group include some of the biggest names in web3 today. For those who share OMA3’s beliefs, this is certainly positive. As all these brands come together, it becomes more likely that the future of web3 will look like what they believe: decentralization and togetherness at the same time.

Their main principles are interoperability, standardization and ownership. Some of the projects they are working on include cross-platform standards. Additionally, transferable metaverse identities and portals between worlds, to name a few.

Some of the companies involved

The group consists of the largest companies currently operating in the web3 space.

For a full list of the companies involved, and an idea of ​​what OMA3 trying to do, you can visit their website. They are also trying to bring in more organizations that share the same goals and mindset. That’s why they have a ‘Join the Community’ contact form.

See also  MicroStrategy's Bitcoin ETF Exceeds $22 Million in Volume at Launch: Impact on BTC?

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