AllianceBlock Enters a Strategic Partnership With Your Open Metaverse (YOM) To Strengthen Web3 Innovation in the Netherlands

AllianceBlock’s partnership with Your Open Metaverse (YOM) envisions the creation of a Blockchain Hub in Utrecht, working together to create a more inclusive and participatory ecosystem for blockchain builders in The Netherlands.

AllianceBlock is proud to announce a strategic partnership with Your Open Metaverse (YOM), the first fully open and distributed peer-to-peer metaverse solution. This collaboration further cements AllianceBlock’s mission of cultivating a decentralized participatory ecosystem for blockchain builders by taking the first step with YOM to build a Blockchain Hub in Utrecht, Netherlands.

Since 2018, AllianceBlock has always championed decentralization and worked towards solutions that promote a participatory and inclusive economy to build seamless gateways between Traditional (TradFi) and Decentralized Finance (DeFi). This informed our mission to create an end-to-end infrastructure for blockchain builders, making it simpler and easier for startups to participate in the blockchain space at various points in their lifecycles.

YOM is the infrastructure for professionals to craft, host and control their own white-label, photorealistic metaverse, which they can easily integrate with any website or channel. They rely on a peer-to-peer network of ‘beacons’ — gamers who expose their computers to the network in return for YOM tokens. Last year, YOM gained recognition from the European Metaverse Summit and was shortlisted as one of the top European Metaverse platforms in their 2022 awards.

YOM established a DAO based in the Netherlands to ensure a fair and equitable ecosystem. Based on Dutch law as a co-op, this governance structure is responsible for implementing the content policy within the network, which uses a soul-bound voting system representing the interests of gamers and end-users.

A 2022 McKinsey Report states that the Metaverse has the potential to unleash the next wave of digital disruptions, revealing that corporations, venture capital (VC) and private equity (PE) firms invested a record $120B+ in 2022, which is more than double the previous year. The report also predicts that the potential economic value of the metaverse varies, with their bottom-up view of consumer and enterprise use cases suggesting a possible generation of up to $5 trillion in impact by 2030.

This strategic partnership between AllianceBlock and YOM envisions creating a blockchain hub in Utrecht, Netherlands. This bolsters AllianceBlock’s vision to create a participatory and inclusive ecosystem for blockchain builders and expand our builder and developer communities into the metaverse vertical. The YOM team has built an impressive ecosystem of metaverse studios and hosts regular activities for metaverse communities. AllianceBlock and YOM share a deep interest in DeFi innovation, particularly in the evolution of NFTs, and will be sharing office space in the Netherlands where the teams can exchange innovative ideas, offer guidance and strategic support, and in the future, could utilize each other’s solutions and infrastructure.

Alex van der Baan, CEO at YOM, said, “We are thrilled to begin this relationship with our new neighbors at AllianceBlock. YOM is a start-up at heart, and the way AllianceBlock advocates an inclusive and participatory narrative for companies in Web3, like ourselves, aligns with our direction and values. Looking forward to introducing and growing our Metaverse gateway with them!”

Matthijs De Vries, Founder and CTO at AllianceBlock, said, “We are very excited to start this strategic partnership with YOM. Our shared passion for innovation in Blockchain, DeFi and the Metaverse align with our vision of championing a new participatory economy based on collective intelligence. The fact that they will be in the same building as us also means that we can share this passion and innovation in a practical way.”

This partnership will be the first step in turning the AllianceBlock offices and Utrecht (NL) into a Blockchain hub, where the vision of collective intelligence and a new participatory economy can help guide, strategically advise and gradually incubate additional Web3 projects. This is an exciting prospect for AllianceBlock, who will continue shaping similar partnerships and collaborations like this one, ultimately providing a seamless bridge between TradFi and DeFi.

About YOM

YOM is the first fully open and distributed (peer-to-peer) metaverse. YOM empowers creators, brands, and you to co-create meta reality, thereby paving the path towards an open, inclusive meta society. We do this by providing the tools and infrastructure that allows you to craft and control your own custom web3 metaverse from your site, to anyone on any device and collect token rewards by allocating the resources of your gaming machine to the network.​

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About AllianceBlock

AllianceBlock is an infrastructure provider for decentralized tokenized markets. It empowers businesses with liquidity provisioning and allows them to compliantly issue, manage, and trade tokenized, digital assets including real-world assets (RWAs).

The AllianceBlock ecosystem of partners, clients, and ventures consists of top stakeholders from the financial industry, as well as the decentralized finance (DeFi) sector. Their unique product suite complies with global regulations and seamlessly integrates with legacy systems.

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