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Meta Introduce Meta Pay and Digital Wallet for the Metaverse

Mark Zuckerberg makes an exciting announcement via his Facebook page.  He says Meta is introducing Meta Pay and a digital wallet for the metaverse.  With this, he hopes to create greater opportunities for creators on the platform. Mark Zuckerberg — Founder of Facebook, made an exciting announcement on his Facebook page. In detail, he announces that Meta is introducing Meta Pay and a digital wallet for the metaverse.  Specifically, he says Meta is taking a huge step by changing Facebook Pay to make it Meta Pay. The service will continue to provide the same simple way to send money and

Meta to Take 47.5% Cut From Selling in Its Metaverse
Meta Partners With 3 Luxury Brands to Launch Meta Avatars Store

Meta has announced partnerships with luxury fashion brands, including Prada, Balenciaga, and Thom Browne. This move was to bolster the products of the platform to launch a digital fashion marketplace. Luxury brands and the likes of it have seen potential in crypto space amid crypto crash. The tech company Meta Platforms, formerly known as Facebook Inc, has partnered with three iconic fashion brands, including Prada, Balenciaga, and Thom Browne. The partnership was announced by the company’s CEO and Founder Mark Zuckerberg on Friday. Relatively, the partnership with these companies was part of Meta’s moves to bolster its products on its

Meta to Take 47.5% Cut From Selling in Its Metaverse
Meta to Take 47.5% Cut From Selling in Its Metaverse

Meta will charge fees of up to 47.5% from its creators that sell on its platform. Testing started last Monday to enable creators to explore ways to generate revenue. The company said a handful of creators were chosen to provide feedback on its test. According to a blog post, Meta mentioned that it is testing new tools inside its metaverse platform Horizon Worlds. These tools will help creators sell virtual stuff like fashion items and special access to parts of their virtual worlds. In addition, creators can also try different ways to generate revenue on the platform. Last year, Meta