A rag tag bunch of blockchain-based metaverse / Web3 platforms are forming an Open Metaverse Alliance for Web3.

Need that name to be boiled down into a cool abbreviation?

You got it! You can call them 'OMA3,' from now on.

Right, so what's the play here?

Basically, they've come together and said:

'Hey, anyone else noticed that none of our technology works together? It's kind of annoying. We should fix that...'

(To which they all agreed).

...but before they took their message public, they gave it a bit of a polish.

So now, the OMA3 battle cry goes something like this:

'Our mission, if we choose to accept it (which we do), is to overcome the interoperability challenges of the Web3 industry.

Our Alliance is built on the bedrock of four core principles:

Transparency, inclusiveness, decentralization and democratization.'

Sounds cheesy - and yeah, we did ham up their mission statement a little - but this stuff is really important.

Clearly set industry standards are boring as hell, but they're the glue that keeps many of our favorite product categories from being a complete mess of incompatibility.

For example:

Internet Standards are created by the Internet Engineering Task Force (IETF), and they allow hardware and software from different sources to play nice together.

Simply put, these standards allow the internet to function.

And specifications like this are going to have to exist in Web3 if we want to see a broadly adopted, open metaverse.

OMA3, we salute you.

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