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Home » Reality+ Joins OMA3 to Drive Metaverse Interoperability

Reality+ Joins OMA3 to Drive Metaverse Interoperability

Expanding Horizons in Web3 Entertainment

Kelly Cromley by Kelly Cromley
Jun 5, 2024
in Market News, News
Reading Time: 3 mins read
0
reality joins oma3 metaverse

Reality+, a prominent Web3 entertainment specialist, has announced its membership in the Open Metaverse Alliance for Web3 (OMA3). This consortium of metaverse platform creators aims to establish and promote best practices and standards within the rapidly evolving sector. Reality+ joins an illustrious group of members, including industry leaders such as Animoca Brands, Yuga Labs, The Sandbox Game, Upland, Unstoppable Domains, Alien Worlds, Superworld, Wivity, and My Neighbour Alice.

 

Goals and Vision of OMA3

The primary objective of OMA3 is to ensure that virtual land, digital assets, ideas, and services are highly interoperable across different platforms and transparent to all communities involved. By fostering interoperability, OMA3 aims to create a cohesive and accessible virtual ecosystem that benefits both users and developers. This initiative is crucial for the future of the metaverse, where seamless interaction between different digital environments is paramount.

 

Reality+ is committed to assisting global brands as they transition to the next generation of the web through immersive experiences that encompass games, the metaverse, and digital collectibles. The company’s clientele, which includes prestigious names such as BBC Studios and the iconic fashion brand Paul Frank, is expected to reap significant benefits from Reality+’s involvement in OMA3 and its Portaling and Mapping Working Group (PMWG). This group is at the forefront of developing standards that will ensure future metaverse projects are interoperable.

 

The Transformative Power of Portals

Portals are emerging as a transformative technology, poised to revolutionize the interaction with digital spaces in a manner akin to how the HTTP standard facilitated the linking of information silos on the web. In the metaverse, portals promise to usher in a new era of connectivity, accessibility, and productivity, making it easier for users to navigate and interact within digital environments.

 

Reality+ leverages the market-leading performance and functionality of Hedera Network Services exclusively for all its projects and collaborates closely with The Sandbox to deliver engaging Web3 experiences for fans. The integration of these advanced technologies ensures that Reality+ remains at the forefront of innovation in the Web3 space.

 

Commitment to Best-in-Class Metaverse Experiences

Tony Pearce, CEO of Reality+, expressed that their membership in OMA3 and participation in the Portaling and Mapping Working Group will keep Reality+ at the leading edge of Web3 content and technology. He emphasized that this involvement will ensure the company consistently delivers best-in-class metaverse experiences for its growing roster of clients and their fans. Pearce also conveyed the team’s eagerness to actively participate in OMA3 initiatives and collaborate with other members to shape the future of Web3 entertainment.

 

Robby Yung, CEO of Animoca Brands and Vice Chair of OMA3, highlighted the importance of content interoperability in Web3 as a fundamental pillar for building an open metaverse. He acknowledged the challenge of achieving this goal but emphasized that it should be community-led. Yung expressed his pleasure in welcoming Reality+ to OMA3 and looked forward to working together to advance these objectives.

 

Sébastien Borget, Co-Founder and COO of The Sandbox, explained that within the Open Metaverse, digital assets can move freely across OMA3 virtual worlds, benefiting from enhanced security and improved asset tracking. Borget noted that shared standards would allow users to transfer digital items they own from one metaverse to another, creating a universe of interconnected virtual worlds that prioritize user experience and ownership over platform dominance and censorship.

 

A Step Towards a Unified Metaverse

The inclusion of Reality+ in OMA3 signifies a crucial step towards a more unified and interoperable metaverse. By working together with other leading entities in the space, Reality+ aims to contribute to the establishment of shared standards that will enable a seamless and user-centric virtual environment. This collaboration underscores the collective effort to push the boundaries of what is possible in the Web3 space and to create a future where digital assets and experiences are more accessible and interconnected than ever before.

 

In summary, Reality+’s membership in OMA3 is set to enhance the company’s capabilities and influence within the Web3 and metaverse sectors. This strategic move aligns with the broader goals of promoting interoperability, transparency, and user empowerment, paving the way for a more cohesive and dynamic digital future.

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