According to a joint press release from the companies, the group will focus on “pragmatic projects with practical application” such as hackathons and prototyping tools to maintain common standards. In addition, participants are interested in developing harmonized terminology – many market participants do not even agree on a general definition of the term “metaverse”.

In addition to the companies already mentioned, the founders of the group include well-known market participants such as:

• World Wide Web Consortium (W3C),
• nvidia,
• Qualcomm,
• Sony Interactive Entertainment,
• Unity,
• as well as a number of smaller companies and structures.

At the same time, the group does not include key players in the industry such as Apple, who are actively working on AR and VR technologies, and well-known solution developers for games and virtual worlds – Niantic and Roblox. . It is possible that new participants will emerge after the group takes action – the first meeting of industry representatives should be held before the end of this year.

Open metadata store

The press release highlights that the potential of the metastore is best realized if it is built on open standards – building an open and inclusive pervasive metastore will require many common points of interaction.

Open standards can make it easier for developers to create content for different platforms, or potentially allow users to transfer data and objects from one service to another.

The creation of the forum demonstrates the interest in “officializing” developments towards the metadatabase as a single domain of knowledge.

A few words about the metaverse

virtual universe It is a term that encompasses both virtual worlds and technical solutions for virtual and augmented reality. Interestingly, when many companies talk about metadata, it doesn’t mean that all worlds will be connected (that’s what metadata means). Yes, Epic is positioning Fortnite as a standalone metaverse (though not).