VentureBeat November 27, 2024
Rachel Kaser

Emergence today announced the launch of the New Worlds Initiative, which offers support for the first 100 World Producers on the Open Metaverse. The Initiative is backed by the $ometa token and Emergence infrastructure, seeking to use this to create a connected “playable cinematic universe” of worlds within the Open Metaverse. Creators have tools and premium access via the Initiative, along with the Emergence SDK and Marketplace.

According to Emergence, the new Initiative is intended to give artists and creatives the chance to “collaboratively shape new worlds and economies” within the metaverse while also retaining ownership of their IP and maintaining an interoperable, cross-platform economy. The $ometa token is a shared token across all of the New Worlds, with some...

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