Ecosystem

Leading Web3 Platforms Form the Open Metaverse Alliance

oma3 open metaverse alliance

Believing in “a metaverse without restraining walls,” Animoca Brands and other blockchain-based platforms such as Decentraland and The Sandbox have come together to form the Open Metaverse Alliance for Web3 (OMA3).

The organization proposes to connect multiple virtual worlds and Web3 platforms in a frictionless way. Currently, the blockchain industry faces challenges in interoperability, and OMA3 is excited to make your experience from one platform to another more seamless.

Essentially, the “open metaverse” envisioned by OMA3 will establish a unified set of Web3 standards and infrastructure. This way, you as a user can freely bring your blockchain-based assets, such as non-fungible tokens (NFTs), to any virtual world belonging to OMA3. Plus, the alliance wants you to experience this feature in real-time, without needing permission from the platforms you’re using. That would literally mean you’d be the one in control of your digital assets, not the platform owners.

Freely Roaming in an Open Metaverse

“This is exciting!” Voxels lead developer Benjamin Larcher exclaimed about OMA3. “At Voxels we firmly believe in a Metaverse where people can freely move across multiple worlds and platforms, bringing their friends and NFTs with them!”

Voxels, formerly CryptoVoxels, is among the founding members of the Open Metaverse Alliance for Web3.

Meanwhile, The Sandbox co-founder and COO, Sebastian Borget, gave an illustration of how the OMA3 standards, after being implemented, could impact user experience.

“For example, we want your Avatar can be more than just a 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.”

Based on this statement, OMA3 aims at unifying all your experiences across all blockchain apps. If executed well, this could bring in more new users, as it makes metaverse games more appealing to our not-so-techy but curious friends.

OMA3 is a Consortium-like DAO

True to its vision, OMA3 is also establishing itself as a Decentralized Autonomous Organization (DAO). This setup will ensure that the alliance will be “transparent and user-centric.” Since it’s open to businesses and financial institutions, the Open Metaverse Alliance will function more like a consortium.

Specifically, OMA3 will operate according to the core principles of transparency, inclusiveness, interoperability, and standardization. Naturally, it will also empower individual users through decentralization and democratization.

On its website, OMA3 highlights the following projects they’re now working on:

  • Interoperability protocols
  • Cross-platform standards (in NFTs, for example)
  • Transferable metaverse identities
  • Definition and promotion of decentralization and ownership rights within the metaverse
  • Mapping, indexing, and wrapping portals between worlds

Open Metaverse Alliance Members

Among the leading blockchain-based platforms joining OMA3 are Animoca Brands, The Sandbox, Decentraland, and Dapper Labs. Meanwhile, Alien Worlds, Star Atlas, and Voxels are also founding members. Embracing the same vision, Decentral Games and MetaMetaverse, along with Space, Superworld, Upland, and Wivity, have signed all signed up. These founding OMA3 members are also inviting other blockchain-based companies to join the alliance.