The group is run by Khronos Group, a non-profit consortium working on AR / VR.
The participation of technology brands such as Meta, Microsoft, Epic Games, Adobe, NVIDIA, Sony and Unity.
Some marks are missing Niantic, Apple, Roblox or Snapchat.
Technology continues to grow steadily and the metaverse is one of the environments in which many companies and brands are already working on their projects. Because of this, and the reality of this virtual world that is not controlled by anyone, the Metaverse Standards Forum Club was created by a group of technology companies, a monitoring group that seeks to promote and regulate the digital world.
The growth of the metaverse can be seen in the Bloomberg Intelligence report data from 2021, which suggests that its value is about 500 billion US dollars and could increase fivefold by 2030.
For its part, the Statista platform shows that this type of investment in cryptocurrencies is very popular in countries like India, where in 2021 18 percent of respondents said they have bitcoins or altcoins.
They form a club to control the metaverse
The creation of the Metaverse Standards Forum, an oversight group that seeks to promote open interoperability to facilitate facilitation, was announced this Tuesday. developers create apps, tools, and features for all platforms available in the metaverse.
The aforementioned group is led by the Khronos Group, a non-profit consortium working on AR / VR, artificial intelligence and machine learning, and already involved technology brands such as: Meta, Microsoft, Epic Games, Adobe, NVIDIA, Sony and Unity.
On their behalf, other large companies and leaders in this industry such as Niantic, Apple, Roblox or Snapchat are not involved in that project.
Proposal of the group
The main theme of this chosen club is the regulation of the metaverse, which many consider to be an essential task.
The forum aims to facilitate communication among organizations and companies of various standards to be achieved “Real life interoperability” in the metaverse, he noted, not addressing how Apple’s absence would interfere with that goal.
Because this group also seeks to create specific and consistent terminology for augmented reality (AR) and virtual reality (VR) technology, as well as 3D, with the aim of shaping the development of the metaverse as a unified concept, so that used by companies. the same technical standards and comply with the same regulations.
Neil Trevett, an executive at chipmaker Nvidia, is reportedly chairman of the Metaverse Standards Forum, which is stated in a statement that no company Members of the world of cryptocurrencies are welcome to join the group, including participants from the world of cryptocurrencies.
“This universe will bring together a variety of tools, which will require a constellation of interoperability, creation and maintenance standards for many organizations”, Khronos president Neil Trevett added the forum’s organizing group.
“The Metaverse Standards Forum is a unique venue for this coordination, with the mission of fostering timely pragmatic standardization. It will be essential for an open and inclusive metaverse, ”he says.