News Report
April 13, 2022

Meta to Let Horizon Users Sell Virtual Items

Meta to Let Horizon Users Sell Virtual Items

Meta (ex-Facebook) is currently testing new features that would let creators make money in  Horizon Worlds (former Facebook Horizon). The latter is a free Metaverse online video game developed by Meta Platforms for Oculus. The social game can be played using the Oculus Rift S or Oculus Quest 2 virtual reality headset, in full 3D motion via the motion capture system of the headset. 

Horizon Worlds is a social experience, aimed at gathering the players together, giving space for collaboration and creativity. The users have been noticed to create a variety of items within the Metaverse, – from jewellery pieces to access to VIP sections of a user’s world. 

Following Roblox and Rec Room that have already adopted the strategy of giving the creators opportunities to sell the items they produce, Meta has announced that Horizon creators will be able to sell their items as well.

Horizon is going to take 25 percent of each sale, after the App Store fee, which is 30 percent. A creator would receive 45 percent of the sale, less than a half. Still, the management of Meta believes that this strategy is going to be a pretty competitive rate for the creators. 

In February 2022, Horizon Worlds hit 300,000 monthly users, with approximately 10,000 worlds created. At the moment Meta is planning to bring Horizon on mobile phones, as well as game consoles. 

Read related posts:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024