Meta launching store for digital clothing in metaverse
Facebook parent Meta Platforms (NASDAQ:META) is making its next metaverse commerce move, launching a store to sell designer digital clothing for users' virtual avatars.
CEO Mark Zuckerberg announced the store in Instagram Live Friday, Reuters reports.And while it's meant to be an open marketplace where developers can make and sell outfits, the store has some high-profile initial brand partners, including Balenciaga, Prada and Thom Browne, Zuckerberg said. In April, Reuters reported that Meta planned to take a cut of almost half of creators' sales of digital goods and services inside its metaverse platform Horizon Worlds.
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