Open Metaverse Alliance Targets Meta - Coinleaks
Current Date:September 21, 2024

Open Metaverse Alliance Targets Meta

Inside Yuga, dapperand The SandboxThe Open Metaverse Alliance, of which , said it will not allow Meta to define the future of the internet.

After Meta announced that it cannot shape the future of the internet alone Open Metaverse Alliance(OMA3) begins work on an interoperable Web3 world.

Open Metaverse Alliance Officially Launched

The Open Metaverse Alliance was officially launched today and Web3 developers have been identified with accounts. The entity, which includes Dapper Labs and Yuga Labs, will work to act as an interoperable, blockchain-powered data warehouse.

Whether or not Meta’s future data warehouse will be designed with Blockchain or its interoperability is a matter of debate. For this reason, some of the Blockchain firms wanted to offer Web3 developers an alternative rather than being forced to participate in the internet of the future in this way. Thus, the Open Metaverse Alliance (OMA3) was formed.

First announced in July, OMA3 officially opened its store today, as announced at the Web Summit in Lisbon. The association initiated memberships at two tiers, sponsor or creator, and set up working groups to begin developing standards across metadatabase platforms, exploring legal protections in Web3, and more.

Batis Samadian made the following statements:

“We share the same belief that the metadata store remains open and truly belongs to the user, and that there are very fundamental things that need to be solved across multiple platforms and agreed upon to create this vision.”

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