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Facebook’s first step towards entering the metaverse.
Far exceeding any amount spent by any other tech executive.
A massive investment in creator-produced content.
“Basically any media, any art, any screen for any TV in the future won’t actually need to exist physically.”
About 98 percent of Facebook revenue comes from ads.
Including a native affiliate program and personal merchandising windows.
The artist said he missed hundreds of message requests.
Plans for the project surfaced back in March.
Mark Zuckerberg said the creator shops will help grow Instagram’s “creator middle class.”
Revealing it was a failed attempt to throw off paparazzi.
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