News Report
July 25, 2022

Leading Web3 companies launch a Metaverse DAO

Leading Metaverse companies partner to launch OMA3, a new Metaverse decentralized autonomous organization. The goal is to create a community-run Metaverse based on the ideas of decentralization and indexability. 

Leading Web3 companies launch a Metaverse DAO

Open Metaverse Alliance for Web3 will focus on building a user-owned Metaverse where individuals have the right to own their assets, identity, and personal data. More than that, the new consortium aims to secure the interoperability of digital assets (NFTs), virtual lands, and services between different platforms. 

Twelve leading Web3 brands have already joined OMA3. Among the participants are Alien Worlds, Animoca Brands, Decentraland, Dapper Labs, and The Sandbox. 

However, the organization is open to all Web3 Metaverse builders. Individuals and companies can join the community by filling in the form on the website

“At Animoca Brands, our mission is to deliver digital property rights to the world’s gamers and Internet users and a more equitable digital framework contributing to the building of the open Metaverse. Creating interoperability standards is a necessary step in the evolution of this industry, and we’re very pleased to support grassroots efforts from the Web3 community like OMA3,” says Animoca Brands CEO Robby Yung. 

In June this year, tech giants Microsoft, Meta, Sony, Huawei, and others established “The Metaverse Standards Forum.” The organization is reserved for industry leaders and focuses on action-based projects and open-source tooling to accelerate the adoption of the Metaverse standards.

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories

2024’s Top Ten Altcoins: Diving into the Best of 2024

by Viktoriia Palchik
April 26, 2024
Join Our Newsletter.
Latest News

The DOGE Frenzy: Analysing Dogecoin’s (DOGE) Recent Surge in Value

The cryptocurrency industry is rapidly expanding, and meme coins are preparing for a significant upswing. Dogecoin (DOGE), ...

Know More

The Evolution of AI-Generated Content in the Metaverse

The emergence of generative AI content is one of the most fascinating developments inside the virtual environment ...

Know More
Join Our Innovative Tech Community
Read More
Read more
Dymension’s Open Market For Bridging Liquidity From RollApps eIBC Launches On Mainnet 
News Report Technology
Dymension’s Open Market For Bridging Liquidity From RollApps eIBC Launches On Mainnet 
April 26, 2024
SEC Files Charges Against Geosyn Mining, Accuses Its Co-Founders Of $5.6M Fraud
Business News Report Technology
SEC Files Charges Against Geosyn Mining, Accuses Its Co-Founders Of $5.6M Fraud
April 26, 2024
BlackRock’s Bitcoin ETF Hits Unexpected Milestone as Daily Inflows Drop to Zero
News Report
BlackRock’s Bitcoin ETF Hits Unexpected Milestone as Daily Inflows Drop to Zero
April 26, 2024
First Inscription Decentralized Exchange 100Swap Debuts On Bitcoin Mainnet
Markets News Report Technology
First Inscription Decentralized Exchange 100Swap Debuts On Bitcoin Mainnet
April 26, 2024