MetaWorks Joins the Metaverse Standards Forum as Principal Member

Rhea-AI Summary

MetaWorks Platforms, Inc. has become a Principal Member of the Metaverse Standards Forum, which promotes interoperability standards for the open metaverse. This organization includes notable companies like Microsoft, Meta, and Nvidia, facilitating industry collaboration. MetaWorks aims to enhance metaverse environments focusing on brand engagement and community development. Scott Gallagher, President of MetaWorks, emphasized the importance of cooperation in overcoming metaverse ecosystem limitations for a better future.

Positive

• Joined Metaverse Standards Forum as a Principal Member, enhancing credibility.
• Collaboration with major industry players like Microsoft and Meta will boost visibility.
• Focus on brand engagement and community development aligns with market trends.

Negative

• None.

MetaWorks will assist in promoting interoperability standards for an open metaverse

Fairfield, CA., Oct. 18, 2022 (GLOBE NEWSWIRE) -- MetaWorks Platforms, Inc. (“MetaWorks” or the “Company”), (CSE: MWRK and OTCQB: MWRK), an award-winning, full-service Web3 blockchain platform provider, is pleased to announce it has joined the Metaverse Standards Forum, a metaverse industry organization, as a Principal Member.

The Metaverse Standards Forum brings together leading standards organizations and companies for industry-wide cooperation on interoperability standards needed to build the open metaverse. Hosted by Khronos Group, the forum’s founding members include Microsoft, Meta, Nvidia, Adobe, Alibaba, Epic Games, Unity, the World Web Consortium, and the XR Association (XRA).

MetaWorks builds interoperable metaverse environments, applications, and solutions for various industries focusing on brand engagement, community development, and transaction generation. As a Principal Member, MetaWorks will work to assist in Forum oversight and help promote the standardization of the metaverse through pragmatic, action-based projects.

“Building trust and learning how to work together is the key to ensuring the metaverse succeeds,” said Scott Gallagher, President of MetaWorks. “Our company is proud to join thousands of other organizations in resolving the limitations of the metaverse ecosystem and creating a foundation for an open system for a better future.”

Find out more about the member list of the Metaverse Standard Forum here.

About MetaWorks Platforms, Inc.

MetaWorks Platforms, Inc. (CSE: MWRK and OTCQB: MWRK) is an award-winning full-service blockchain and Web3 development platform that empowers Fortune 5000 brands to create and monetize their metaverse.

For more information on MetaWorks, please visit us at www.metaworksplatforms.io. For additional investor info, visit www.metaworksplatform.io or www.sedar.com, and www.sec.gov, searching MWRK.

Media Contact
Arian Hopkins
arian.hopkins@metaworksplatforms.io

Company Contact
Scott Gallagher, President
scott@metaworksplatforms.io

FAQ

What is the significance of MetaWorks becoming a Principal Member of the Metaverse Standards Forum?

Being a Principal Member enhances MetaWorks' credibility and visibility in the rapidly evolving metaverse industry.

Which major companies are involved in the Metaverse Standards Forum alongside MetaWorks?

The forum includes major firms like Microsoft, Meta, Nvidia, and Adobe, among others.

How does MetaWorks aim to contribute to the metaverse industry?

MetaWorks plans to assist in standardization efforts and promote interoperability to foster a collaborative metaverse environment.

What are the focuses of MetaWorks in developing metaverse environments?

MetaWorks focuses on brand engagement, community development, and generating transactions within the metaverse.

When was the announcement made about MetaWorks joining the Metaverse Standards Forum?

The announcement was made on October 18, 2022.