Tue. 04/12 – Meta Will Pay You To Get Creative In VR
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 12 April 2022
⏱️ 18 minutes
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| 0:00.0 | Welcome to the Tech Meme Ride Home for Tuesday, April 12th, 2022. |
| 0:08.0 | I'm Brian McCullough. Today Meta rolls out a test to sell virtual items in Horizon Worlds. |
| 0:14.0 | Ethereum takes a major step towards its proof of stake upgrade. |
| 0:18.1 | Would you watch a Bort Ape movie? |
| 0:20.6 | Apple has delayed a major feature for the watch, Etsy Sellers are on strike, and |
| 0:24.8 | Netflix's new two thumbs-up button. Here's what you miss today in the world of Tech. Meta has rolled out a test for some creators to sell virtual items and effects in Horizon Worlds |
| 0:39.2 | and will take a 25% cut of any sale after App Store fees, quoting the Verge. |
| 0:46.2 | Meta is testing new features to let creators make money within Horizon Worlds, the company's |
| 0:50.4 | social Metiverse platform for Quest VR headsets that is soon coming to |
| 0:54.2 | mobile phones and possibly game consoles. Most notably a handful of Horizon |
| 0:59.2 | creators will be able to sell virtual items and effects in the worlds they create for others to explore. |
| 1:04.8 | The idea is that creators can sell everything from access to a VIP section of their world |
| 1:09.8 | to virtual items like jewelry or a special basketball according to Megan Fitzgerald, the |
| 1:15.4 | product marketing director for Horizon. |
| 1:18.5 | Participants in the US will also be able to earn money from a $10 million creator fund |
| 1:22.4 | Meta-recently set up to reward creators with the most |
| 1:25.2 | engaging worlds. |
| 1:26.6 | With this test of in-world purchases, Meta is following in the footsteps of other 3D social platforms |
| 1:31.8 | like Roblocks and Rec Room, which both let |
| 1:34.8 | creators sell items that they make. Roblox has built a huge business from this model |
| 1:38.9 | while Rec Room is growing quickly and prioritizing Creator monetization as well. |
| 1:44.0 | Meta will be taking a cut of what creators sell, though exactly what that take can be is a bit |
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