state California San Francisco, state California Mobile CEO Apple state California San Francisco, state California

Rec Room hits 75M lifetime users and $1M in creator payouts for Q1

Reading now: 881
venturebeat.com

Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next.

Learn more.The social virtual world Rec Room has amassed 75 million lifetime users since 2016, and it paid out more than $1 million for creators during the first quarter.The company shared these milestones on its sixth birthday about the experiences across Oculus (Rift and Quest), iOS, Android, PlayStation, Xbox, and Steam.

It currently has 29 million active players around the world. And on mobile, Rec Room has seen a 640% year-over-year increase as enthusiasm for metaverse-like experiences has grown.

Since 2016, Rec Room has raised $294 million in funding and it was valued at $3.5 billion during its last round in December.“Over the past 6 years we’ve been continually surprised by the kindness, humor and creativity of our community,” said Nick Fajt, CEO of Rec Room, in a statement. “Rec Room has become an important way for millions of people to connect, learn, create and earn.

Read more on venturebeat.com
The website gamebastion.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA