In an increasingly digital world with heightened competition from OTT players, it is crucial for CSPs to find new revenue sources. Collaboration with Hyperscalors, ISVs and Vendors plays a critical role in facilitating new revenue-generating business models. However, the realization of this collaboration faces several key challenges, including 5G API federation, Solving this challenge will enable enhanced service offerings, revenue generation, collaboration opportunities, competitive advantage, industry influence, and technology leadership. To address these challenges, this Catalyst aims to develop a solution that provides an aligned unified set of APIs, realizing CSPs' capabilities. This collaborative approach will help partners overcome innovation challenges and create disruptive opportunities. The project will also demonstrate the impact and risk factors of these initiatives within the short to medium term (12-24 months), positioning CSPs for success in the evolving digital landscape. The success of this project will be measured through the delivery of an innovative Metaverse solution through standardized CSPs APIs. This solution will not only unlock new revenue streams but also pave the way for transformative advancements in the digital realm.