Mark Zuckerberg revealed that Meta would allow Horizon Worlds creators access to virtual sales in the metaverse. At the moment, tools are in development to allow creators to monetize within the virtual world.

Horizon Worlds is Meta’s social metaverse platform that uses the Quest VR headset and will soon be available on mobile phones and game consoles.

Horizon creators will have the ability to offer virtual goods they created to users. These items can be anything: VIP access for a specific part of Horizon Worlds, virtual objects such as digital wearables, or VIP access for a particular section.

The ability to access virtual worlds and sell virtual goods is an exciting new feature. [the]”The ecommerce equation as a whole”
Zuckerberg said.

Creators who are based in the US can earn money through a $10 Million Creators Fund that Meta created to reward the best worlds.

Meta will offer creators a goal-oriented bonus program where they can cash out their bonuses at month’s end. Following app store fees and a 25 percent cut, Meta will receive a 25% percentage of the creations sold.

“Creator monetization is really important because you all need to support yourself and make a good living building these awesome experiences that people can have,” the CEO of Meta stated.
Roblox and Rec Room allow creators to also sell their items on social networks. Following their path, Meta sees a huge potential for ‘in-world purchases’ in order to further develop the ‘Metaverse revolution.’

Flipside

• It’s uncertain how much creators could potentially earn on Horizon Worlds.

What You Need to Care About

Regarding the creator’s economy, Zuckerberg’s metaverse might become the new Instagram, Facebook (NASDAQ:), TikTok, and YouTube.

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