OMA3 opens up membership to push for interoperable web3 world
The Open Metaverse Alliance is filled with big names in the web3 space including Yuga Labs, Dapper Labs, and the Sandbox. The group is pushing for a blockchain-powered metaverse that can be used by anyone.
The problem with this, according to the OMA, is that Facebook’s Mark Zuckerberg wants to control the metaverse and define its future. This would give the social media giant an unfair advantage and stifle innovation.
The Zuckerberg Issue
The future of the metaverse is still in the air and the openness and interoperability of that future internet are still unclear and in the works. The OMA3 is an array of crypto builders and firms that want to build a united front in developing standards to help push web3 in the decentralized direction it is meant to be going in. The alliance is committed to building an open metaverse that is accessible to all and that adheres to web3 principles. This includes being censorship-resistant, decentralized, and secure. The group is off to a strong start with over 30 members and growing. With such a passionate and committed team, the Open Metaverse Alliance has a fighting chance at taking on Zuckerberg and his vision for the metaverse.
Zuckerberg and Facebook have had a bad history when it comes to being open and decentralized. For example, Facebook was one of the largest opponents of net neutrality. The social media company also centrally controls what users see in their News Feeds and has been known to censor content that it does not agree with. In addition, Facebook’s Libra project has been criticized for its lack of decentralization. It is clear that Zuckerberg does not share the same vision for the future of the internet as the OMA.
The Open Metaverse Alliance is made up of some of the most influential names in web3. With their commitment to an open and decentralized metaverse, they are in a strong position to take on Zuckerberg and Facebook. Only time will tell what will happen in the battle for the metaverse, but one thing is for sure: the Open Metaverse Alliance is not going to let Zuckerberg control the future of the internet.
Zuckerberg has stated that he believes the future of web3 is open and decentralized but has not gone on record to state that he wholly accepts all aspects of web3 and decentralization. The Meta leader has also stated that the metaverse has the potential for immense profitability and that he wants Facebook to be a leading player in the development of the metaverse. While it is good that Zuckerberg sees the potential in web3 and decentralization, his profit-driven motives could result in a less-than-ideal outcome for the future of the internet.
The Open Metaverse Alliance member Batis Samadan, co-founder of the metaverse e-commerce platform Space stated how strongly the group feels about the importance of an open metaverse.
““We share the same belief of the importance that the metaverse remains open and becomes truly user-owned—and that there are very fundamental things that need to be solved across multiple platforms and agreed upon to create this vision”
OMA3 has many prominent members, each one contributing to the goal of an open and user-owned metaverse. These members include but are not limited to, Animoca Brands, Dapper Labs, Bored Ape Yacht Club, Yuga Labs, The Sandbox, Decentraland, Alien Worlds, and Upland. Each member brings their own area of expertise to the group, making OMA3 a well-rounded and powerful organization.
OMA3’s goal is to create an open metaverse that is truly user-owned. To achieve this, they are working on solving many of the fundamental problems across multiple platforms. This includes things like agreement on standards, governance models, and technical architecture. By doing this, OMA3 is laying the foundations for a metaverse that can be used by anyone and everyone.
The consortium has launched a working group to devise interoperability standards, for example, which will let users move their interactive NFT assets—for things like avatars, virtual land, and items—between multiple Web3 metaverse platforms. It will also explore intellectual property rights and other legal protections across decentralized online worlds.
The founding members of the group have promised that the association will be governed by a DAO which has been in the works since 2021. The OMA3 was also created as a response to the Metaverse Standards Forum (MSF) which was announced in June by a group of 35 tech firms some of those members being web2 giants such as Meta, Microsoft, Epic Games, and Adobe, all of which have had a history of close control and censorship, none of the companies that are now part of OMA3 were even invited to become part of the MSF.
It has been said by members of the OMA3 that none of the projects that deal with blockchain, tokenization, or smart contracts are even represented in the MSF as they are “working on a different technology foundation.”
A Meta- battle
The metaverse and how it should be built is a debate that has caused a lot of tension. As Facebook changed its name to Meta to symbolize its new focus on the future of the internet many were very worried about the move. Animoca Brands co-founder Yat Siu told Decrypt that both Facebook and Tencent were a “threat to on open metaverse” Others have stated that Facebook/Meta and other centralized giants were trying to “buy the soul of the internet” and thus take control of the next phase.
The battle may not be all gloom and doom as one may think as some think the idea of the metaverse is changing for Meta as well. Zuckerberg’s recent claim of wanting to have an open metaverse seems to have some believing that the founder of Meta is slowly being correctly influenced by the space. There is still no definitive answer yet but in the end Meta may just move towards a more open policy and thus become decentralized as well.
Transitioning from web2 to web3 may not be an easy task for many companies. This is mainly because web2 has been so successful for them. Web2 allows these companies to have total control over their platforms and their users. They are able to censor and delete whatever they please with no consequences. This type of power is very addicting and it will be hard for many of these companies to let go.
The nice thing about web3 is that it gives the power back to the people. Users are able to create their own content and be their own bosses. This is a very scary thing for companies that have been used to having all the power.
The good thing is that some of these companies are starting to see the light. Companies such as Facebook and Google are starting to experiment with blockchain. This is a very positive sign as it shows that they are at least open to the idea of decentralization. Only time will tell if these companies will make the switch to web3 but it is definitely a possibility.
The OMA3 consortium may just be what is needed to help transition these companies from web2 to web3. With the help of the OMA3, these companies may be able to learn about the benefits of decentralization and how it can help them in the long run. Only time will tell but the future looks promising for the metaverse.
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