Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

Linux Foundation’s New ‘Open Metaverse Foundation’ Launches

Altszn.com by Altszn.com
January 22, 2023
in Metaverse, Web3
0
Linux Foundation’s New ‘Open Metaverse Foundation’ Launches
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter


The Linux Foundation’s new Open Metaverse Foundation wants to unite industries “to work on developing open source software and standards for an inclusive, global, vendor-neutral and scalable Metaverse.”

In a blog post this week the group’s executive director explained the advantages of an open Metaverse:
It can create new jobs and industries in the digital space. It can bridge the gap between the physical and digital worlds while providing an amazing world where anyone can create their own opportunities. An open Metaverse broadens commerce for digital ownership and consumables, and it offers shared experiences and learning opportunities for anyone with access. The future market value for all of this may exceed any single media market.

The potential for the Metaverse is boundless, but only if we pursue it as an open, collaborative endeavor. The mission of the Open Metaverse Foundation (OMF) is to foster a strong community of developers, engineers, academics and thought leaders who will solve the difficult challenges of building the open Metaverse through open source software and standards that enable portability and interoperability for an inclusive, global, scalable world, supporting interactive and immersive experiences for the benefit of any individual or industry.

Through the Foundation, we’ll work together to discuss, pinpoint and create the building blocks to transform the emerging concept of the Metaverse into a reality — spanning digital assets, simulations, transactions, artificial intelligence, networking, security, privacy, and legal considerations…. Backend services, standards, and relationships are critical to success, including elements like digital ID representation for users and objects. Transactions must provide receipts for proof and commerce…. Worlds need a standard to communicate with other worlds so that users can move in and out without breaking the immersive experience. Providing an open standard to move objects across worlds is a huge part of what the OMF can deliver. Other technical challenges that demand open collaboration include the reshaping of our networks and internet to accommodate greater needs presented by the open Metaverse.

All of this can seem overwhelming. And it is, unless you have the proven expertise in community building, governance and other elements offered by the Linux Foundation, which provides the focus needed to create manageable, tangible tasks to complete. We’ve already set up several Foundational Interest Groups (FIGs), which provide a great starting place to engage with the OMF. These FIGs enable a focused, distributed decision structure for key topics, and provide targeted resources and forums for the identification of new ideas, getting work done, and onboarding new contributors….

Contributions to OMF projects are licensed under both Apache 2.0 and MIT, enabling anyone to use, modify, extend and distribute the source code without any fees or commercial obligations….

We look forward to working with a broad, global community to advance the promise of the Metaverse.



Read More: news.google.com

Tags: FoundationFoundationsLaunchesLinuxMetaverseopen
ADVERTISEMENT

Recent

Donut agentic crypto browser raises $7 million to redefine internet browsers

Donut agentic crypto browser raises $7 million to redefine internet browsers

May 29, 2025
Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins

Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins

May 29, 2025
Bitget Wallet Partners With Coinpal to Let Users Spend Crypto at 6,000+ Online Merchants

Bitget Wallet Partners With Coinpal to Let Users Spend Crypto at 6,000+ Online Merchants

May 29, 2025

Categories

  • Bitcoin (4,586)
  • Blockchain (10,902)
  • Crypto (8,849)
  • Dark Web (465)
  • DeFi (8,161)
  • Ethereum (4,616)
  • Metaverse (6,938)
  • Monero (255)
  • NFT (1,163)
  • Solana (4,944)
  • Web3 (20,006)
  • Zcash (472)

Category

Select Category

    Advertise

    Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

    Useful Links

    Advertise
    DMCA
    Contact Us
    Privacy Policy
    Shipping & Returns
    Terms of Use

    Resources

    Exchanges
    Changelly
    Web3 Jobs

    Recent News

    Donut agentic crypto browser raises $7 million to redefine internet browsers

    Donut agentic crypto browser raises $7 million to redefine internet browsers

    May 29, 2025
    Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins

    Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins

    May 29, 2025

    © 2022 Altszn.com. All Rights Reserved.

    No Result
    View All Result
    • Home
      • Home – Layout 1
      • Home – Layout 2
      • Home – Layout 3

    © Altszn.com. All Rights Reserved.

    • bitcoinBitcoin (BTC) $ 106,478.00
    • ethereumEthereum (ETH) $ 2,665.30
    • tetherTether (USDT) $ 0.999987
    • xrpXRP (XRP) $ 2.28
    • bnbBNB (BNB) $ 679.98
    • solanaSolana (SOL) $ 168.99
    • usd-coinUSDC (USDC) $ 0.999788
    • dogecoinDogecoin (DOGE) $ 0.220446
    • cardanoCardano (ADA) $ 0.738233
    • tronTRON (TRX) $ 0.276383
    • staked-etherLido Staked Ether (STETH) $ 2,655.26
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,920.00
    • suiSui (SUI) $ 3.59
    • wrapped-stethWrapped stETH (WSTETH) $ 3,200.29
    • hyperliquidHyperliquid (HYPE) $ 32.79
    • chainlinkChainlink (LINK) $ 15.45
    • avalanche-2Avalanche (AVAX) $ 22.92
    • stellarStellar (XLM) $ 0.283281
    • the-open-networkToncoin (TON) $ 3.42
    • leo-tokenLEO Token (LEO) $ 9.08
    • shiba-inuShiba Inu (SHIB) $ 0.000014
    • bitcoin-cashBitcoin Cash (BCH) $ 411.22
    • hedera-hashgraphHedera (HBAR) $ 0.181614
    • litecoinLitecoin (LTC) $ 95.35
    • usdsUSDS (USDS) $ 0.999798
    • wethWETH (WETH) $ 2,644.28
    • polkadotPolkadot (DOT) $ 4.49
    • wrapped-eethWrapped eETH (WEETH) $ 2,826.99
    • moneroMonero (XMR) $ 340.28
    • bitget-tokenBitget Token (BGB) $ 5.24
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pepePepe (PEPE) $ 0.000014
    • ethena-usdeEthena USDe (USDE) $ 0.998850
    • pi-networkPi Network (PI) $ 0.711599
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,093.00
    • whitebitWhiteBIT Coin (WBT) $ 31.33
    • uniswapUniswap (UNI) $ 6.79
    • aaveAave (AAVE) $ 257.43
    • daiDai (DAI) $ 0.999734
    • bittensorBittensor (TAO) $ 421.71
    • nearNEAR Protocol (NEAR) $ 2.84
    • aptosAptos (APT) $ 5.27
    • jito-staked-solJito Staked SOL (JITOSOL) $ 204.43
    • okbOKB (OKB) $ 51.98
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
    • ondo-financeOndo (ONDO) $ 0.913320
    • crypto-com-chainCronos (CRO) $ 0.096485
    • internet-computerInternet Computer (ICP) $ 5.33
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.27
    • bitcoinBitcoin (BTC) $ 106,478.00
    • ethereumEthereum (ETH) $ 2,665.30
    • tetherTether (USDT) $ 0.999987
    • xrpXRP (XRP) $ 2.28
    • bnbBNB (BNB) $ 679.98
    • solanaSolana (SOL) $ 168.99
    • usd-coinUSDC (USDC) $ 0.999788
    • dogecoinDogecoin (DOGE) $ 0.220446
    • cardanoCardano (ADA) $ 0.738233
    • tronTRON (TRX) $ 0.276383
    • staked-etherLido Staked Ether (STETH) $ 2,655.26
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,920.00
    • suiSui (SUI) $ 3.59
    • wrapped-stethWrapped stETH (WSTETH) $ 3,200.29
    • hyperliquidHyperliquid (HYPE) $ 32.79
    • chainlinkChainlink (LINK) $ 15.45
    • avalanche-2Avalanche (AVAX) $ 22.92
    • stellarStellar (XLM) $ 0.283281
    • the-open-networkToncoin (TON) $ 3.42
    • leo-tokenLEO Token (LEO) $ 9.08
    • shiba-inuShiba Inu (SHIB) $ 0.000014
    • bitcoin-cashBitcoin Cash (BCH) $ 411.22
    • hedera-hashgraphHedera (HBAR) $ 0.181614
    • litecoinLitecoin (LTC) $ 95.35
    • usdsUSDS (USDS) $ 0.999798
    • wethWETH (WETH) $ 2,644.28
    • polkadotPolkadot (DOT) $ 4.49
    • wrapped-eethWrapped eETH (WEETH) $ 2,826.99
    • moneroMonero (XMR) $ 340.28
    • bitget-tokenBitget Token (BGB) $ 5.24
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • pepePepe (PEPE) $ 0.000014
    • ethena-usdeEthena USDe (USDE) $ 0.998850
    • pi-networkPi Network (PI) $ 0.711599
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,093.00
    • whitebitWhiteBIT Coin (WBT) $ 31.33
    • uniswapUniswap (UNI) $ 6.79
    • aaveAave (AAVE) $ 257.43
    • daiDai (DAI) $ 0.999734
    • bittensorBittensor (TAO) $ 421.71
    • nearNEAR Protocol (NEAR) $ 2.84
    • aptosAptos (APT) $ 5.27
    • jito-staked-solJito Staked SOL (JITOSOL) $ 204.43
    • okbOKB (OKB) $ 51.98
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
    • ondo-financeOndo (ONDO) $ 0.913320
    • crypto-com-chainCronos (CRO) $ 0.096485
    • internet-computerInternet Computer (ICP) $ 5.33
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.27