This press conference will announce the first, and long-awaited, outputs of the Defining and Building the Metaverse Initiative: highly anticipated briefing papers on Interoperability in the Metaverse from the governance track of the project, and Demystifying the Consumer Metaverse from the value creation track. These two briefing papers, the first in each workstream’s series, will serve as the foremost publications involving this amount of research, this number of stakeholders from diverse industries (120+ partners are involved in this initiative), into these topics.