Open Metaverse Alliance opens up membership to web3 builders
Quick Take
- Open Metaverse Alliance has officially opened its doors with an announcement in conjunction with the opening of Web Summit in Lisbon.
- The group is set to be governed by a decentralized autonomous organization.
Open Metaverse Alliance (OMA3) has officially launched today and is offering memberships across two tiers, sponsor and creator.
First announced in July with the hope of establishing standards between metaverse platforms, it is now in the process of creating working groups to explore topics such as legal problems pertaining to web3.
When it was originally announced, the majority of associated members had links to Hong Kong-based game software and venture capital firm Animoca Brands. OMA3 includes Animoca Brands, The Sandbox (which is one of its subsidiaries) and several brands the company has invested in — Alien Worlds, Dapper Labs, Splinterlands, Star Atlas and Upland.
It also includes Decentraland, with which Animoca Brands has collaborated on projects Cryptovoxels, Meta Metaverse, Space, Superworld and Wivity. Bored Ape Yacht Club creator Yuga Labs and web3 domain provider Unstoppable Domains have also joined.
The group will be governed by a decentralized autonomous organization and has been in progress since 2021, according to a report by Decrypt.
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