The blockchain-based Metaverse and Web3 platforms announced that the industry has agreed to form the Open Metaverse Alliance for Web3 (OMA3) to tackle interoperability challenges.
The four core principles of the union are transparency, inclusivity, decentralization and democratization. The joint organization was founded by Alien Worlds, Animoca Brands, Dapper Labs, Space, Superworld, The Sandbox (SAND), Upland and Voxels.
Sebastian Borget, Co-Founder of The Sandbox, gave the following example to understand what OMA3 will be working on:
““We want your Avatar can be more than just virtual representation, and also carries your reputation as anyone can see on-chain which NFTs you hold, earned, created or bought, the full history of transactions and as well hopefully the progression/actions you have contributed to throughout time.”
More details on the outlines of OMA3 will be announced during the Global NFT Summit in London, UK.