Meta to Let Creators Sell Items in Horizon Worlds 🌎
Scott D. Clary | Daily Business, Tech & Finance Newsletter
This is a daily newsletter that covers trending business, tech and finance stories. If you enjoyed the newsletter, please share it with a friend who’d find it useful.
Or… invite friends to the newsletter through our referral program for Amazon gift cards.
Meta to Let Creators Sell Items in Horizon Worlds 🌎
Meta is testing new features that will allow creators to make money within the company’s social metaverse platform Horizon Worlds.
In a statement, the company said, “As part of our ongoing commitment to support creators, we’re beginning to test several new tools that will enable creators to experiment with different ways to monetize what they’re building in Horizon Worlds.”
Meta added saying, “While we’re launching this today as a test with a handful of creators to get their feedback, these types of tools are steps toward our long-term vision for the metaverse where creators can earn a living and people can purchase digital goods, services, and experiences.”
In addition, Meta is also planning to test bonuses for creators with a “Horizon Worlds Creator Bonus” program. It is a goal-oriented monthly program where creators will be paid for their progress towards the goal.
Creators who are part of the test in Horizon Worlds will see a commerce tab and tools when they are in ‘create mode’ that will allow them to create sellable items.
Netflix Introduces Two Thumbs up 👍👍 Button For Better Recommendations
The video streaming platform Netflix is rolling out a new button to provide users with even better recommendations than it already does.
This new “Two Thumbs Up,” button will be an addition to the existing Thumbs Up and Thumbs Down buttons and help users to indicate that they really liked something.
In a blog post, Netflix said, “we’re introducing Double Thumbs Up, an additional way for members to let us know what types of series and films you want to see more of. You can find this option next to the Thumbs Up and Thumbs Down buttons on your TV, Web, Android, and iOS mobile devices starting today.”
Since its launch, Netflix has been constantly adding new features to simplify the process of watching. In 2017, Netflix abandoned its five-star rating system for the Thumbs Up and Thumbs Down feature, while in 2020 it launched the Top 10 row.
This year the platform introduced the “Continue Watching Row” feature and now it is launching a “Two Thumbs Up” button to add more user-focused experiences in the streaming space and help users to find stuff to watch.
Mastercard Files For NFT And Metaverse ™️ Trademarks
Payments platform Mastercard filed more than a dozen metaverse and non-fungible token (NFT) trademark applications with the United States Patent and Trademark Office (USPTO) on April 7.
The 15 trademark filings by Mastercard include NFT-backed multimedia, marketplaces for digital goods, payment transaction processing in the metaverse, virtual reality events, and much more.
One of the applications intends to add the Mastercard name to cultural events, sporting events, concerts, festivals, award shows, etc., in the Metaverse, as well as to financial education seminars and programs.
Mastercard has filed the application on a 1b basis, meaning there is intent to use them in the future; however, the company has not disclosed how and when it plans to use them.
Earlier in February this year, the payments giant had hired 500 new employees to consult with banks and merchants about adopting cryptocurrency-enabled technologies & NFTs, and now, it has submitted its own crypto-related USPTO filings, signaling its intention to become a player in the digital economy.
Voyager Innovations Raises $210 Million in Funding 💰
Philippines-based technology firm Voyager Innovations has raised $210 million in its latest funding round at a valuation of $1.4 billion.
The funding was led by SIG Venture Capital and also saw participation from EDBI and First Pacific Company. Returning investors PLDT, KKR, Tencent, International Finance Corporation, IFC Emerging Asia Fund, and IFC Financial Institutions Growth Fund also participated in the funding round.
Founded in 2013, Voyager Innovations is a technology company that is involved in the development and delivery of digital services.
The Philippines-based company is focused on delivering innovative digital solutions for future new business streams and evolving business models. It is also involved in the creation, development, and delivery of digital services.
Voyager Innovations plans to use the fresh funds to launch Maya Bank services, including savings and credit products, through the PayMaya platform for consumers and businesses.
Additionally, the company also plans to add cryptocurrency, micro-investments, and insurance products to PayMaya, which already includes a digital wallet, online remittances, bill payments, bank transfers, prepaid cards, and an e-commerce feature called PayMaya Mall.
Around the Web 🌐
Three-Quarters of Bitcoin Addresses Still in Profit, Says Glassnode: According to a report published by on-chain market intelligence firm Glassnode, around 70% to 75% of BTC addresses are in profit despite a decline in the market. The report further said that long-term holders of Bitcoin, those who have held it for more than 155 days, were the least likely to be at a loss.
If you like the content in this newsletter, there’s a pretty good chance you’ll like my podcast, “Success Story”, where I unpack the playbooks of entrepreneurs, executives and other high performing individuals.
Latest Episode 👇
If you enjoyed the newsletter, please share it with a friend who’d find it useful.