Meta Starts Building a Digital Economy for Creators in Horizon Worlds

2 years ago

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

Meta Platforms’ integer system got rolling Monday with caller tools for hawking virtual goods successful the societal media giant’s virtual world game, Horizon Worlds.

A “handful” of creators volition beryllium capable to merchantability “virtual items and effects” successful their respective worlds, Meta said. Only Americans and Canadians supra the property of 18 volition beryllium capable to acquisition those items.

Meta separately said it would reward creators whose virtual worlds beryllium particularly fashionable among users with monthly bonus payouts. That programme volition not beryllium taxable to fees; the virtual items marketplace could spot Meta instrumentality anyplace from 25% to 70%, according to The Verge.

The duplicate efforts showcase Meta’s aboriginal buildout of the infrastructure underpinning a integer economy. Yet much monetization and incentivization features are connected the way, it promised.

“These types of tools are steps toward our semipermanent imaginativeness for the metaverse wherever creators tin gain a surviving and radical tin acquisition integer goods, services, and experiences,” a Meta blog post read.

“Clearly the quality to merchantability virtual goods and beryllium capable to instrumentality them with you from 1 satellite to different is going to beryllium an important part” of the aboriginal metaverse, CEO Mark Zuckerberg said successful a video published alongside the reveal.

That connection mimics the committedness of user-owned non-fungible tokens (NFTs). But Meta’s monetization tools don’t person immoderate crypto constituent to them – astatine slightest not yet.

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Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.

Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.


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