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Home » My Metaverse Minute Ep 50: Meta Strives to Make Money Using New Revenue Models
My Metaverse Minute

My Metaverse Minute Ep 50: Meta Strives to Make Money Using New Revenue Models

Kieron AllenBy Kieron AllenApril 13, 2022Updated:April 13, 20222 Mins Read
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Acceleration Economy Metaverse

This episode is brought to you by the Cloud Wars Expo. This in-person event will be held June 28th to 30th at the Moscone Center in San Francisco, California.

Highlights

01:16 — Meta has released a statement revealing its revenue models and how it might begin to make money from its Metaverse.

01:38 — The company is testing tools that will enable creators to develop their own spaces, classes, items, games, and accessories, then sell them through Horizon Worlds. Essentially, Meta is wholeheartedly embracing decentralization.

02:19 — The company is looking into ways to enable creators to develop worlds within the Horizon World‘s platform and receive a percentage of the profits.

02:56 — We’ve discussed how creative economies will explode within the Metaverse. However, we have yet to discuss the possibility of how the most successful Metaverse companies might not be the companies to develop fantastical spaces themselves. Rather, they might provide infrastructure and platforms that enable users to.

03:23 — Instead of leading the charge, perhaps moving forward, a successful Metaverse company might resemble Wix or Weebly, the website builders. Users are provided with the tools to create outstanding Metaverse offerings.

03:55 — It’s a nice indication for other companies entering the space that you can benefit in the long term by facilitating development and creation, more so than doing that work yourself.


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Analystuser

Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • LinkedIn

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

  Contact Kieron Allen ...

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