News Report

Meta Lets Users of Horizon Sell Virtual Goods

Meta, the company previously referred to as Facebook, is currently putting new features through trials that will enable creators to earn money in Horizon Worlds (formerly known as Facebook Horizon). This platform represents a free online game in the Metaverse created by Meta Platforms specifically for Oculus users. It can be experienced in full 3D with devices like the Oculus Rift S or Oculus Quest 2, taking advantage of the headset's motion tracking technology.

Horizon Worlds is designed as a social space, fostering collaboration and creativity among players. Users have been observed crafting an array of items within this virtual universe, ranging from unique jewelry to exclusive access passes for VIP areas in personal user worlds.

Following Roblox and Rec Room Similar to other platforms that grant creators the chance to sell their creations, Meta has indicated that creators on Horizon will also be able to monetize the items they develop.

Horizon will retain 25% of each sale after deducting the App Store fee of 30%. Consequently, creators will earn 45% from the transactions, which is less than half of the total. Nevertheless, Meta's leadership is confident that this commission structure remains competitive for creators.

In February 2022, Horizon Worlds reached a milestone of 300,000 monthly active users and boasted around 10,000 unique worlds. Currently, Meta is looking to expand the Horizon experience to mobile devices and gaming consoles.

Read related posts:

Disclaimer

In line with the Trust Project guidelines Please remember that the information shared on this page is not intended and should not be interpreted as legal, tax, investment, financial, or any other kind of advice. It's crucial only to invest what you can afford to lose, and seeking independent financial advice is recommended if there are any uncertainties. For more details, we encourage consulting the terms and conditions along with the support resources provided by the respective issuer or advertiser. MetaversePost strives for accuracy and impartial reporting, but keep in mind that market situations can shift unexpectedly.

From Ripple to The Big Green DAO: Examining How Crypto Projects Support Charitable Endeavors

Let’s delve into how digital currencies are being leveraged for philanthropic initiatives.

Know More

AlphaFold 3, Med-Gemini, and Beyond: Exploring the Impact of AI on Healthcare in 2024

AI is transforming healthcare through diverse applications, from discovering new genetic links to enhancing robotic surgical technologies.

Know More
Read More
Read more
News Report Technology
Blum Marks Its One-Year Anniversary with ‘Best GameFi Application’ and ‘Best Trading Application’ Honors at Blockchain Forum 2025
News Report Technology
Addressing DeFi Fragmentation: How Omniston Enhances Liquidity on TON
News Report Technology
Solv Protocol, Fragmetric, and Zeus Network Collaborate to Introduce FragBTC: Solana’s Bitcoin Product Generating Yield
News Report Technology
Polygon Introduces the ‘Agglayer Breakout Program’ Aimed at Fostering Innovation and Airdropping Value to POL Stakers