Meta tests sale of digital goods, services in metaverse

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Meta tests sale of digital goods, services in metaverse
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Meta's new tools will be available initially to a handpicked set of users who are creating virtual classes, games and fashion accessories within the company's immersive platform

The Facebook parent company, which changed its name to Meta last year, has invested heavily in virtual and augmented reality to reflect its new bet on the metaverse.

"For example, someone could make and sell attachable accessories for a fashion world or offer paid access to a new part of a world," the Californian tech group said in a press release on Monday. "While we’re launching this today as a test with a handful of creators to get their feedback, these types of tools are steps toward our long-term vision for the metaverse where creators can earn a living and people can purchase digital goods, services, and experiences," Meta said.

These bonuses will not be "subject to fees and will be paid to creators in full," Meta said, unlike revenue from virtual items, which is subject to a commission.The metaverse, touted by Meta and other companies as the future of the internet, consists of a set of parallel "universes" accessed primarily through augmented and virtual reality platforms.

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