Animoca Brands Launches DAO to Develop Metaverse Standards

Several prominent Web3 names have joined the effort to ensure interoperability among virtual worlds.

An alliance of Web3 companies has come together to build an open and borderless metaverse called OMA3, or the Open Metaverse Alliance for Web3. The group says it aims to solve key challenges of the nascent metaverse, including preserving the freedom of information owned by users.

Projects joining the alliance with Animoca Brands include Alien Worlds, Dapper Labs, Decentraland, Star Atlas, and The Sandbox. In addition to Web3 projects already linked to Animoca, the alliance includes DAO framework developer Wivity, virtual reality and game developer Space, and blockchain gaming company Upland