Meta Wants You to Sell Virtual Stuff, but You Gotta Pay the Metaverse Tax

Malaysia News News

Meta Wants You to Sell Virtual Stuff, but You Gotta Pay the Metaverse Tax
Malaysia Latest News,Malaysia Headlines
  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

The initial roll-out of VR buying and selling is limited to the Horizon Worlds app and the company will take a quarter of all sales.

Commerce is coming specifically to Horizon Worlds, Meta’s open-world VR app where you can be the rudimentary, cartoon, floating torso you’ve always wanted to be. Creators in Horizon will be able to sell the in-world stuff they make, like virtual clothes and accessories or character mods, to other users. But Meta will skim a hefty 25% off the top.

After the testing period though, Meta hopes to expand the selling function to all. “These types of tools are steps toward our long-term vision for the metaverse where creators can earn a living and people can purchase digital goods, services, and experiences,” the company wrote in its statement. Purchasing within the metaverse is limited to users 18+ in the U.S. and Canada, and payments are processed through the Meta App Store. For now, the simulated goods users buy in one of Horizon Worlds’ “worlds” won’t be transferable to others, meaning the fake stuff you pay for is only real in the designated area you buy it in. Though, in an

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Gizmodo /  🏆 556. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta to let Horizon Worlds creators sell virtual itemsMeta to let Horizon Worlds creators sell virtual itemsMeta is also opening up a bonus program for creators.
Read more »

Meta tests letting creators sell digital goods in virtual reality | EngadgetMeta tests letting creators sell digital goods in virtual reality | EngadgetMeta has begun testing user monetization tools within Horizon Worlds, the company announced on Monday..
Read more »

Meta could be releasing a 'Quest 2 Pro' this year | Digital TrendsMeta could be releasing a 'Quest 2 Pro' this year | Digital TrendsAfter the smashing success of the Quest 2 VR headset, Meta looks to up the ante with an even better sequel.
Read more »

Meta Starts Building a Digital Economy for Creators in Horizon WorldsMeta Starts Building a Digital Economy for Creators in Horizon WorldsMeta’s Horizon Worlds begins testing in-game purchases of virtual goods. realDannyNelson reports
Read more »



Render Time: 2025-03-03 22:37:21