Fernhill Corp (OTCMKTS:FERN), a Web3 holding company focused on software solutions and marketplace infrastructure for digital assets, is pleased to announce its recently accepted membership in the Metaverse Standards Forum, a forum with its primary focus on building an open metaverse.
The Metaverse Standards Forum, founded by The Khronos Group, provides a venue for cooperation between standards organizations and companies to foster the development of interoperability standards for an open and inclusive metaverse, and accelerate their development and deployment through pragmatic, action-based projects. Multiple industry leaders have stated that the potential of the metaverse will be best realized if it is built on a foundation of open standards.
“The metaverse will bring together diverse technologies, requiring a constellation of interoperability standards, created and maintained by many standards organizations,” said Neil Trevett, Khronos president. “The Metaverse Standards Forum is a unique venue for coordination between standards organizations and industry, with a mission to foster the pragmatic and timely standardization that will be essential to an open and inclusive metaverse.”
'“Thanks to Khronos Group, the Metaverse Standards Forum, and the incredible membership they have achieved in such a short time with many industry leaders, we believe the metaverse will grow faster and more efficiently,” said Fernhill President Marc Lasky. “The metaverse is coming and Fernhill plans on being a big part of it.”
“Just like the early stages of any major hyper-growth market, collaboration and thoughtful planning needs to be established amongst a larger community to create standards and interoperability protocols in order to scale and be successful,” added Chris Kern, Fernhill’s Chairman. “The metaverse industry is expected to be between $4 and $5 Trillion by 2030, based upon a recently published report by McKinsey, and we’re very proud to be accepted as a Principal Member of this esteemed group - our work is just getting started.”
Stay Tuned for more announcements from Fernhill Corp (OTC:FERN)
About the Metaverse Standards Forum
The Metaverse Standards Forum brings together companies and standards organizations to foster alignment on requirements and priorities for metaverse interoperability standards, and accelerate their development and deployment through pragmatic, action-based projects. Founding members include 0xSenses, Academy Software Foundation, Adobe, Alibaba, Autodesk, Avataar, Blackshark.ai, CalConnect, Cesium, Daly Realism, Disguise, the Enosema Foundation, Epic Games, the Express Language Foundation, Huawei, IKEA, John Peddie Research, Khronos, Lamina1, Maxon, Meta, Microsoft, NVIDIA, OpenAR Cloud, the Open Geospatial Consortium, Otoy, Perey Research and Consulting, Qualcomm Technologies, Ribose, Sony Interactive Entertainment, Spatial Web Foundation, Unity, VerseMaker, Wayfair, the Web3D Consortium, the World Wide Web Consortium, and the XR Association. Learn more at metaverse-standards.org
Metaverse Standards Forum and the Metaverse Standards Forum logos are trademarks of The Khronos Group, for the benefit of The Metaverse Standards Forum.
About Fernhill:
Fernhill Corp is a Web3 holding company focused on developing and acquiring software companies in crypto currency mining, digital asset trading, NFTs, DeFi and the Metaverse that form the foundation of the tokenized economy. Fernhill is a Signatory Member of the Crypto Climate Accord (CCA) and a Principal Member of the Metaverse Standards Forum.
For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:
Fernhill Website: FernhillCorp.com
Company Contact Information: info@fernhillcorp.com
Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp or its subsidiaries.
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Forward-Looking Statements
This release includes 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute 'forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words 'estimate', 'project', 'intend', 'forecast', 'anticipate', 'plan', 'planning', 'expect', 'believe', 'will likely', 'should', 'could', 'would', 'may' or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company's control.