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Facebook’s New $10 Million Fund Will Pay Creators To Make VR Content

Facebook plans to shell out some serious cash to get developers performing material on its virtual reality platform Horizon Worlds.

The social media giant this week announced it’s put together a $10 million Creator Fund that will disburse to content builders and makes over the next year.

Horizon Worlds( recently rebranded from its original name, just plain Horizon) is essentially an ultramodern form of computer game Second Life, where consumers interact with one another in shared virtual rooms employing customized avatars. It’s been in development since at least 2019, and is currently in invite-only beta.

Horizon Worlds’ biggest selling station is that users can create their own shared spaces-everything from virtual barrooms and grocery stores to moving meditation plots to islands filled with carnival games.

And Facebook, of course, craves more and more parties to create their own virtual macrocosms and making other parties into them( extremely considering Horizon Worlds can only be accessed squandering designs from Facebook subsidiary Oculus ). That’s where the Creator Fund comes in.

The $ 10 million will pay out in three key areas.

First, later this year, Horizon Worlds is knocking up Community Tournaments, which will “reward people constructing the very best worlds in Horizon and who are taking advantage of the tools we have to offer, ” the Oculus team said in a company blog post.

Community Competition winners, second-placers, and third-placers will receive up to $ 10,000 each.

Second, an unknown segment of the funding will go to the Facebook Horizon Creator Accelerator Program. That initiative quietly accepted its first authors in early 2020, and wrapped up the inaugural class last month. According to Oculus, the programme is “designed to give people from diverse backgrounds an advanced crash course in Horizon Worlds” plus “a unique opportunity to attain the skills and insight necessary to succeed in a professional environment.”

Facebook is opening applications for the second accelerator class in November.

Last up, some funds will go to some external developers, studios, and inventors who organize themed world-wides and “experiences” in partnership with Facebook. What that looks like in practice: Earlier this year, Oculus worked with several founders to see “cooperative mini-games that are easy to learn and hard to master for two to four participates, ” it says.

Creators interested in getting a slice of the financing will have to apply to join Horizon Worlds’ closed beta.

Facebook has not said when Horizon Worlds will open to the public. At one point, it was tentatively expected to release this year, but back in January, Facebook’s Reality Labs head Andrew Bosworth said it was definitively not ready for debut.

“I think we finally got all the technical work in place, ” Bosworth told CNET. “Now we’ve gotta actually jumpstart the experience and make it something that’s vibrant. […] If you don’t have something driving a lot of parties to the place, then you run the risk they’re not going to get it. Horizon needs to fit that perception where it’s truly VR for everybody.”

Read more: techncruncher.blogspot.com

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