TO ENABLE THE CREATORS OF HORIZON WORLD TO MAKE MONEY, META IS EXPERIMENTING WITH NEW TOOLS.

Facebook owner Meta Platforms is developing new tools that will let creators monetize its virtual reality (VR) platform, Horizon Worlds, by charging for digital goods and experiences.

The goal of Meta is to create a Metaverse, and a crucial part of that goal is the company's immersive platform, which can be accessible using VR headsets. In this digital environment, individuals may interact, work, and play.

The site's creators of virtual lectures, games, and fashion items would initially have limited access to monetization prospects, the business stated.

Bonus Scheme for Authors

A "Creator Bonus" program is also being tested using social media for a restricted set of Horizon Worlds subscribers in the US. Using the new services offered by the corporation will earn subscribers monthly payments.

Authors are compensated depending on goal achievement at the end of the month under these monthly goal schemes. Author incentives are exclusively divided among the writers and are commission-free. Designers are awarded for creating places that draw in the most spectacular moment for the time being in this small exam. These objectives could alter over time, for instance, B. to encourage writers to adopt new tools or capabilities made available by Meta

"We desire many more wonderful universes. CEO Mark Zuckerberg stated during an engagement with Avatars among early adopters that there has to be a lot more developers who can sustain themselves and make it their job.

Virtual Goods and Effects for Sale

Select producers are part of a trial program operated by Meta that enables them to market virtual goods and effects within their worlds. For instance, someone may create and market accessories for the fashion sector or provide access to a new region of the world for a fee.

Anyone over the age of 18 can buy Horizon Worlds in the countries where it is presently sold, which include the United States and Canada. Sellers of their creations will notice a trade tab and a tool in the crafting mode that they may use to create the necessary goods.

Investing Significantly in the Metaverse

The parent company of Facebook, Meta, has made significant investments in virtual and augmented reality to reflect their new wager on the metaverse, a network of virtual locations that can be accessed through various devices and allow for work, socialization, and recreation.

The company is in competition with new virtual world players where properties, structures, avatars, and even names may be bought and sold as non-fungible tokens or virtual assets based on blockchains.

Sales of these assets reached hundreds of thousands of dollars last year, as the market for them exploded.

Early iterations of locations that resemble the metaverse include Horizon Worlds, a sizable VR social network, and Horizon Venues, a virtual event platform.