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Meta Sets The Stage For Metaverse Progression With The Launch Of Two Creator Funding Options

It’s safe to say that Meta is racing ahead with its Metaverse development and it hopes the world can stay up to pace with the advancements in digital connection.

This is why the company has recently launched two creator funding options that encourage user contributions to its Metaverse.

The first in the series comprises a $10 million funding program that was initially launched last year in October. It is titled the ‘Horizon Worlds Creator Program’, which experts recall as the platform’s sandbox.

This is where users will be allowed to delve into their creativity and make memorable immersive experiences. However, the only difference now is that they’ll be allotted a suitable financial compensation for their hard work and efforts.

A video shows how the idea was put forward by CEO Mark Zuckerberg as an effective way to reward all those for their hard work in Horizon. This will include monthly bonuses for specifically tailored and well-oriented programs after progress are made for every goal outlined.

But what benefit would this bring to the company itself? Well, the answer is pretty straightforward.

Making use of the platform’s creator community means a higher chance of delving into important trends that drive user engagement. After all, all the creators involved are much larger than the company’s own team.

The second funding program in the series introduced by Meta is a pilot program that enables creators to make an earning by selling virtual items inside the VR worlds. And in case you weren’t aware, digital items are being deemed as the future.

These digital products would be used in VR environments and that will assist in how we all make a connection. But with that being said, some critics continue to argue about how they're no NFT projects currently ready to be launched into the Metaverse.

Meta says the new push will drive VR creators into offering better experiences at a price tag that hopes to drive an incentive into more similar projects.

As the testing phase for new tools begins, Meta CEO Zuckerberg continues to discuss plenty of options with creators about what the future of the Metaverse economy would appear like.

And clearly, it’s a smart decision because building upon creative potential and allowing innovative trends to expand over time will do wonders at creating more interest and engaging users to come forward.

Remember, it’s going to take some more time but with that being said, the demand for VR is on teh rise as the platform has generated up to 10,000 environments.


Read next: Meta Tests All Of Its Options To Stream Games Simultaneously On Facebook & Instagram

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