Meta to test money-making tools for its virtual reality platform Horizon Worlds

Meta to test money-making tools for its virtual reality platform Horizon Worlds
Facebook watch
  • Selected users can sell virtual fashion accessories and assets.
  • Meta has already invested hugely in virtual and augmented reality.
  • Meta's Horizon Worlds, give access to venues and virtual events, just like Metaverse.
Facebook’s parent company Meta is testing tools for selling digital assets and experiences on its virtual reality platform—Horizon Worlds. Initially, the tool will be accessible to handpicked users who are creating virtual games, classes, and fashion accessories with the company’s platform. Users can access these games and classes via VR headset. Meta said select users can offer paid access to the digital spaces they have built.

Meta is also testing a creator bonus program for Horizon Worlds users in the United States, allowing them to pay participants every month for accessing new features that the company launches.

In a conversation with early adopters, held inside Horizon Worlds using avatars — Chief Executive Officer of Facebook Mark Zuckerberg said, “we want there to just be tons of awesome worlds, and in order for that to happen there needs to be a lot of creators who can support themselves and make this their job.”

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Metaverse — embracing virtual reality
In recent years, Meta has invested heavily in virtual reality so that futuristic virtual environments can be accessed via different devices and users can socialize, play and work there. The company has also made it possible for virtual players to buy buildings, lands, and avatars. Users can also sell the same as non-fungible tokens or blockchain-based virtual assets.


Fortnite developer Epic Games raises $2 billion to grow metaverse efforts
Netflix introduces Two Thumbs Up for shows and movies you really, really like and want to see more of