Blockchain-powered metaverse and Web3 platforms have reportedly established the Open Metaverse Alliance for Web3 (OMA3), in a bid to power through the interoperability obstacles of the sector. 

Specifically, four core principles of the Alliance are reportedly revealed to be transparency, inclusiveness, decentralization and democratization. 

The collaborative entity was reportedly formed by the efforts of Alien Worlds, Animoca Brands, Dapper Labs, Decentraland, MetaMetaverse, Space, Superworld, The Sandbox (SAND), Upland, Voxels and Wivity. 

Per the official announcement, a concentration on generating proposals for standards as well as supporting partnerships between different stakeholders of Web3 and other sectors will be the selected measures for powering through interoperability obstacles.

OMA3 will reportedly be formed to operate as a decentralized autonomous organization (DAO) to ensure a governance system that is “transparent and user-centric”, directing its resources towards particular metaverse-related topics, nominally standards for (NFTs), protocols, transferable identity, portals between virtual worlds, mapping and indexing.

The Alliance members reportedly have intentions to become a part of the freshly formed Metaverse Standards Forum – a constellation of Web3 firms, coordinating requirements and support for current standards and setting standards associated with the Metaverse.

“We want your Avatar to 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.”  The Sandbox co-founder Sebastian Borget mentioned an instance of a digital avatar to visualize the problems OMA3 is planning to tackle. 

The announcement promises to reveal further details of the OMA3’s outline during the Global NFT Summit in London on Fri.