Meta (Facebook) unveiled its Metaverse a few months ago. Facebook is betting its future on virtual reality and virtual worlds, having rebranded the company as Meta and spending billions of dollars a year to build hardware and software that goes beyond traditional social media. But at least so far, the company has barely shared with the public how its early investments have fared. It seems that this new project of the social network has made a good start in the market. The Horizon Worlds platform has already reached 300,000 users, which is a good number for this new venture.
Facebook’s metaverse already has 300,000 users
This platform has been launched only in the United States and Canada for now. Therefore, as it reaches more countries, we will see a significant increase in this regard.
Good start
Horizon Worlds is a virtual reality platform where users can explore or create their own spaces. In addition, it is possible to interact with other users. Meta has also taken measures to prevent harassment in this metaverse so that situations like those that occur on Facebook do not happen again. According to the company, more than 10,000 worlds have been created on this platform so far.
Access to these worlds depends on whether or not you own an Oculus 2. If you have it, access is free at all times, but users have to have it first to enjoy the metaverse that the social network has created.
Meta’s most compelling bet right now is a Quest headset social VR platform called Horizon Worlds, which Zuckerberg called “the heart of our metaverse vision” during the company’s recent earnings call. At a virtual Meta town hall meeting earlier this week, the company’s chief product officer Chris Cox provided employees with a previously unreported update on Horizon’s user growth.
The metaverse is one of the company’s bets for the future, though it still has a long way to go. Currently, it doesn’t generate much revenue, as most of its revenue still comes from advertising and data within Facebook. This could help them attract young users who are clearly leaving their social network, which has had a noticeable impact on their stock value.