Meta Tests Letting Creators Sell Virtual Items In Horizon Worlds

In the future can we get paid to make things in VR? Meta’s Horizon Worlds follows Rec Room in letting creators sell virtual items for real money.

Open World Survival Game ‘Into the Radius’ Coming to Quest 2 in September, Trailer Here

The Stalker-inspired survival game Into the Radius (2020) has seen its share of success on SteamVR headsets when it initially released in Early Access in late 2019. Now the studio says it’s bringing the open world game to Quest 2 later this year. Into the Radius is a single-player survival shooter that, much like the […]

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Report: Meta Quest 2 Pro Said to Feature Higher-Res Mini-LED & Pancake Lenses, Arriving in 2022

Tech analyst Ming-Chi Kuo is known for making predictions based on Apple supply chain leaks, but this time Kuo alleges Meta is getting ready to release a ‘Pro’ branded follow-up to its most popular VR headset to date, Quest 2. We aren’t able to independently verify these claims, however it sounds a lot like Kuo […]

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Meta Begins Testing Selling Tools in ‘Horizon Worlds’ With the Long Term Goal of Enabling People to “earn a living”

Meta announced today it is enabling new in-world monetization tools for a “handful” of creators in Horizon Worlds. The tools will allow them to sell access to items and experiences inside of the app. Eventually, Meta says, it hopes people can “earn a living” in the metaverse. Horizon Worlds is Meta’s social VR platform built around […]

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Meta: 124 Quest Apps Have Earned More Than $1M, 8 Have Earned More Than $20M

At GDC last month, Meta shared the clearest look yet at the number of apps reaching various revenue milestones on the Quest platform. So far, 124 apps have earned $1 million in revenue or more, while 8 have exceeded $20 million. In February Meta said the total amount of money spent on the Quest store […]

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Big XR News from HSBC, Niantic, Epic Games, and OpenSea

Numerous extended reality (XR) firms have stepped up their investments in the Metaverse with acquisitions and funding, leading to a major leap in capital to develop the rising spatial communications platform. Additional firms also revealed the latest iterations of their platforms, which included a trove of fresh updates and new features for users. The following […]

Ledger, The Sandbox Partner for Crypto Wallet Security

First announced last Monday at the Non-Fungible Conference in Lisbon, Metaverse platform The Sandbox revealed a partnership with French hardware vendor Ledger to educate its users in crypto-tech and increase security measures for the service. Ledger offers hardware wallets to customers using $SAND, The Sandbox’s Ethereum-based cryptocurrency, and custom Ledger Nano. In an interview, Ian […]

AR eCommerce Firm DigitalBridge Rebrands As Fixtuur

DigitalBridge recently announced on Friday last week it had rebranded as Fixtuur as it unveils its Visual Commerce platform designed for eCommerce and retail businesses. The Manchester-based firm’s latest solution superimposes static product images in home environments via augmented reality (AR) technologies. Word is out! We are thrilled to announce that we have rebranded as […]

Fintech Startups a ‘Threat’ to Banks, JP Morgan Says

Last Monday, Jamie Dimon, CEO of JP Morgan, posted a public letter to shareholders that, among other core principles, outlined the benefit of blockchain and emerging financial technology. Dimon noted that “decentralized finance and blockchain are real,” he said, adding that financial startups were an “enormous competitive threat to banks.” The CEO said that competition […]

Elon Musk Rejects Twitter Board Seat After Sharing Various Criticisms of the Company’s Approach

Elon Musk continues to raise questions about his intentions as the new top shareholder at Twitter.