Meta to start testing money-making tools for its metaverse -Breaking
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(Reuters) –Facebook’s owner Meta Platforms began testing tools to sell digital experiences and assets within Horizon Worlds. This is a crucial part of the company’s plan to create a metaverse.
Meta stated in a statement that the tools would initially be made available to select users, who will create virtual classes, games, and accessories using company’s immersive platform. This is accessible through VR headsets.
The company stated that a select group of users can sell accessories and offer access for a fee to digital areas they’ve created using one tool.
A “creator bonus” program is being tested by the social media company Horizon Worlds in the United States. Participants will be paid each month to use new features that the company releases.
In a meeting with early adopters held at Horizon Worlds via avatars, Chief Executive Mark Zuckerberg stated that “we want there to be tons of amazing worlds.”
Facebook’s parent company Meta (NASDAQ:) has made significant investments in virtual and augment reality. This is to represent its futuristic vision of the metaverse. It is a collection of virtual environments that users can access via various devices. Users can socialize, work and have fun.
This company will be competing against new virtual world players. In these virtual worlds, land, buildings and avatars can all be purchased and sold using non-fungible tokens or blockchain-based assets. These assets have seen a boom in the market, sometimes selling for hundreds of thousands of dollars.
Meta’s Horizon Worlds and Horizon Venues are both early versions of virtual spaces.
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