Creator Economy: Difference between revisions

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{{Noticebox/Official}}
VRChat's Creator Economy is a service introduced to VRChat offering users to purchase “VRChat Credits” to support their favorite creators. Creators may also set up a store, if they apply to the Creator Economy Program, and are accepted. All transactions are powered by VRChat's partner, [https://www.tilia.io/ Tilia].
VRChat's Creator Economy is a service introduced to VRChat offering users to purchase “VRChat Credits” to support their favorite creators. Creators may also set up a store, if they apply to the Creator Economy Program, and are accepted. All transactions are powered by VRChat's partner, [https://www.tilia.io/ Tilia].


This service was teased during VRChat's [https://youtu.be/QBQnCxtDaso?si=MbHyoe-03Dt2UH2i&t=5563 Developer Steam] in April 2021, and its initial testing period was launched to Open Beta starting on November 22nd, 2023 and finally released publicly on May 18, 2024.
This service was teased during VRChat's [https://youtu.be/QBQnCxtDaso?t=5563 Developer Steam] in April 2021, and its initial testing period was launched to [[Special:MyLanguage/Open Beta|Open Beta]] starting on November 22nd, 2023 and finally released publicly on May 18, 2024.


== What are VRChat Credits? ==
== VRChat Credits ==
VRChat Credits ''(symbolized by a '''\V''' symbol)'', VRC Credits, or simply ''''credits'''<nowiki/>', are a digital currency offered to VRChat users to exchange to other VRChat creators for perks. VRChat Credits can be purchased through the Steam Store, or Meta Store.
{{credits}} VRChat Credits ''(symbolized by a '''\V''' symbol in plaintext)'', VRC Credits, or simply ''''credits'''<nowiki/>', are digital currency offered to VRChat users to exchange with other VRChat creators for perks. VRChat Credits can be purchased through the Steam Store, Meta Store, or Google Play Store.


=== Exchange Rate ===
=== Purchasing===
{| class="wikitable"
[[File:Purchasingscreen.png|thumb|316x316px|VRChat Credits Menu (USD)]]
!Currency
A user can purchase VRChat Credits by opening up their [[Special:MyLanguage/Main Menu|Main Menu]], going to the '''Marketplace''' tab, and then proceeding to the '''Wallet''' section. Or, by simply clicking the '''Wallet''' button in the top right of the Quick Menu or Main Menu.
 
There are 5 different VRChat Credits Bundles that can be purchased, ranging from {{credits}}600 to {{credits}}12,000. From there, the user must have sufficient funds available to use on the Steam Store, or Meta Store, depending on where the credits are being purchased from. After completing the transaction, credits will immediately be applied to your account.
 
====VRChat Credits Bundles====
<!-- This is stupid. I think we should only have USD displayed. Having every currency exchange rate is not practical. -->
{| class="wikitable sortable"
!{{credits}} VRChat Credits
!Value
($USD)
!Value
(€Euro)<small>*</small>
!Value
(¥JPY)
!Value
!Value
!VRChat Credits
(¥CNY)
|-
|-
|USD ($)
|5.00
|600
|600
|4.99
|5.75 (Meta) / 5.46 (Steam)
|841 (Meta) / 810 (Steam)
|35.29 (Steam)
|-
|-
|GBP (£)
|1,200
|9.99
|
|
|
|
|
|-
|-
|Euro (€)
|2,400
|19.99
|
|
|
|
|
|-
|-
|JPY (円)
|6,000
|49.99
|
|
|
|
|
|-
|-
|Yuan (¥)
|12,000
|99.99
|
|
|
|
|
|}
|}
''*Purchasing credits may include Value-Added Tax (VAT)<ref>{{VRC link|https://hello.vrchat.com/blog/euro-price-vat-change |European Pricing Update for VRChat Plus/Credits}} from 24 May, 2024</ref>''
===Spending===
Users can spend their VRChat Credits on the {{VRC link|https://vrchat.com/home/marketplace/welcome |website}}, or in the client, through either, [[Special:MyLanguage/Groups|group]] stores or [[Special:MyLanguage/Worlds|world]] stores. Users can buy a listing or a subscription with their VRChat Credits, each listing and subscription has products attached to them, these are ''in layman's terms'' the benefits you receive from the listing or subscription.
The '''Spotlight''' section of the Marketplace tab offers suggestions of worlds and groups that are currently enrolled in the Creator Economy Program.
For more creator-related information, see the Creator Economy documentation.<ref>{{VRC link|https://creators.vrchat.com/economy/ |Creator Economy Documentation}} from 24 May, 2024</ref>''.''
====Listings====
Listings are what users can buy from world stores. While listings can be anything the world creator decides, users can expect to see common types of listing such as: Unlocking new areas of a world, customization options, and more.
There are 3 types of listings world creators can offer, each type has a different duration type.
{| class="wikitable"
!Listing
!Duration
!Description
|-
|Instant
|None
|Users can purchase this type as many times as they want. Benefits are instantly awarded. This type is only purchasable if you are in the world.
|-
|Temporary
|5 minutes - 3 months
|Users can purchase this type as many times as they want '''but''' can't repurchase until its duration expires. Benefits earned are only available until its duration expires.
|-
|Permanent
|Unlimited
|Users can only purchase this type once. Benefits are permanently available to the buyer.
|}
====Subscriptions====
Subscriptions are what users can buy from group stores. While listings can be anything the world creator decides, users can expect to see common types of listing such as: VIP access.
Users have 4 default duration options, they can choose from when buying a subscription.


== How to Purchase VRChat Credits ==
*1 month
[[File:Purchasingscreen.png|thumb|316x316px|VRChat Credits Menu]]
*3 months
A user can purchase VRChat Credits by opening up their [[Menu|Main Menu]] and going to the '''Marketplace''' tab, and then proceeding to the '''Purchases''' section, highlighted under the '''Wallet''' dropdown. Credits can be purchased in different increments: 600 credits, 1,200 credits, 2,400 credits, 6,000 credits, and finally 12,000 credits. From there, the user must have sufficient funds available to use on the Steam Store, or Meta Store, depending on where the credits are being purchased from. After completing the transaction, credits will immediately be applied to your account.
*6 months
*12 months


There is also a custom duration option users can choose, which ranges from 1 month to 99 months. Subscriptions do not automatically renew.


When a user buys a subscription, they will be automatically added to the group they bought the subscription from. Buyers will also a group role, which creators can offer group specific benefits.
===Viewing transaction history===
To view the history of your transactions, navigate to the '''Marketplace''' page on the [[Special:MyLanguage/Main Menu|Main Menu]], proceed to the '''Wallet''' section, and then choose the '''Transactions''' tab. Alternatively, you can view it on the {{VRC link|https://vrchat.com/home/marketplace/wallet |VRChat website}}.


The Transactions tab shows the history of the user's VRChat Credits on their account. Listing the name of the product, the amount of credits, the remaining balance after the purchase, the recipient, the date of purchase, and the type of transaction.


To view your purchases or active and expired subscriptions, navigate to the '''Purchases & Subscriptions''' tab of the '''Marketplace''' page. 


== How to Spend VRChat Credits ==
The Purchases tab lists any listing you bought, including its type, date of purchase and expiration, and details. While, the Subscriptions tab includes the same details as the Purchases tab, just instead for subscriptions. It is split up by an "Active" and "Expired" dropdown, and also includes an option to renew the subscription or cancel it.  
[[Groups|Group pages]], and VRChat [[worlds]] may have kiosks to be able to spend VRChat Credits. Purchases can only be spent with a duration of one-month increments, however, one-time purchases (OTP) are planned. The '''Spotlight''' section of the Marketplace tab offers suggestions of worlds and groups that are currently enrolled in the Creator Economy Program. You may view your active or expired subscriptions in the '''Subscriptions''' dropdown of the Purchases section, or also by viewing your purchase history through the '''Transactions''' dropdown. The Transactions dropdown shows the name of the product, the amount of credits, the remaining balance after the purchase, the recipient, date of purchase, and the type of transaction.


== How to Enroll in the Creator Economy Program ==
==Enrolling in the Creator Economy Program==
To be able to enroll in the Creator Economy Program, a user must have uploaded content and have access to the VRChat Creator Companion, and then [https://www.surveymonkey.com/r/creator-economy-application-seller apply to become a seller], as long as they are eligible:
To be able to enroll in the Creator Economy Program, a user must have uploaded content and have access to the VRChat Creator Companion, and then [https://www.surveymonkey.com/r/creator-economy-application-seller apply to become a seller], as long as they are eligible:


==== Eligibility ====
====Eligibility====


* '''(a)''' be a User who is 18 years of age or older;
*Be a User who is 18 years of age or older.
* '''(b)''' have a VRChat account that has been active for at least 30 days;
*Have a VRChat account that has been active for at least 30 days.
* '''(c)''' have a current and active subscription to VRChat Plus;
*Have a current and active subscription to VRChat Plus.
* '''(d)''' have a verified email address associated with your Account;
*Have a verified email address associated with your Account.
* '''(e)''' be a community member in good standing at all times while using the Platform, with no suspensions or bans from the Platform or the VRC Creator Economy in the last 90 days;
*Be a community member in good standing at all times while using the Platform, with no suspensions or bans from the Platform or the VRC Creator Economy in the last 90 days.
* '''(f)''' use the Platform in strict compliance with these CE Rules, the Terms, the Community Guidelines, and the requirements set out in Section 5 below;
*Use the Platform in strict compliance with CE Rules, the Terms, the Community Guidelines, and the requirements set out in ''Creator Economy Program Rules Section 5''.
* '''(g)''' not engage in any of the following activities: scamming, phishing, false advertising, attempting to exchange Credits for real currency other than through the Platform, or any illegal or unethical activities; and
*Not engage in any of the following activities: scamming, phishing, false advertising, attempting to exchange Credits for real currency other than through the Platform, or any illegal or unethical activities.
* '''(h)''' meet any other eligibility requirements that we or our CE Partner may establish from time to time in our or their sole discretion, including but not limited to: (i) having all applicable tax forms on file with the relevant CE Partner; and (ii) completing any applicable CE Partner’s Know Your Customer registration, as required by such CE Partner.
*Meet any other eligibility requirements that we or our CE Partner may establish from time to time in our or their sole discretion, including but not limited to:  
**Having all applicable tax forms on file with the relevant CE Partner
**Completing any applicable CE Partner’s Know Your Customer registration, as required by such CE Partner
{{VRC link|https://hello.vrchat.com/legal/economy |See here}} to view the full Creator Economy Program Rules.


=== Resources ===
==Resources==  
*{{VRC link|https://creators.vrchat.com/economy/ |"Resources for Creator Economy"}} at ''creators.vrchat.com''
*{{VRC link|https://hello.vrchat.com/blog/creator-economy |"Introducing the Creator Economy!"}} at ''hello.vrchat.com''
*{{VRC link|https://hello.vrchat.com/blog/paid-subscriptions-beta |"Paid Subscriptions Beta"}} at ''hello.vrchat.com''
*[https://www.tilia.io/ Tilia's website] at ''tilia.io''


* [https://creators.vrchat.com/economy/ Resources for Creator Economy at creators.vrchat.com]
==References==
* [https://hello.vrchat.com/blog/creator-economy "Introducing the Creator Economy!" at hello.vrchat.com]
{{Reflist}}
* [https://hello.vrchat.com/blog/paid-subscriptions-beta Paid Subscriptions Beta at hello.vrchat.com]
* [https://www.tilia.io/ Tilia's website at tilia.io]

Latest revision as of 04:47, 26 November 2024

VRLogo.png
V · EThis is an official VRChat information page!
It is written and maintained by VRCWiki Team.

VRChat's Creator Economy is a service introduced to VRChat offering users to purchase “VRChat Credits” to support their favorite creators. Creators may also set up a store, if they apply to the Creator Economy Program, and are accepted. All transactions are powered by VRChat's partner, Tilia.

This service was teased during VRChat's Developer Steam in April 2021, and its initial testing period was launched to Open Beta starting on November 22nd, 2023 and finally released publicly on May 18, 2024.

VRChat Credits

VRChat Credits (symbolized by a \V symbol in plaintext), VRC Credits, or simply 'credits', are digital currency offered to VRChat users to exchange with other VRChat creators for perks. VRChat Credits can be purchased through the Steam Store, Meta Store, or Google Play Store.

Purchasing

VRChat Credits Menu (USD)

A user can purchase VRChat Credits by opening up their Main Menu, going to the Marketplace tab, and then proceeding to the Wallet section. Or, by simply clicking the Wallet button in the top right of the Quick Menu or Main Menu.

There are 5 different VRChat Credits Bundles that can be purchased, ranging from 600 to 12,000. From there, the user must have sufficient funds available to use on the Steam Store, or Meta Store, depending on where the credits are being purchased from. After completing the transaction, credits will immediately be applied to your account.

VRChat Credits Bundles

VRChat Credits Value

($USD)

Value

(€Euro)*

Value

(¥JPY)

Value

(¥CNY)

600 4.99 5.75 (Meta) / 5.46 (Steam) 841 (Meta) / 810 (Steam) 35.29 (Steam)
1,200 9.99
2,400 19.99
6,000 49.99
12,000 99.99

*Purchasing credits may include Value-Added Tax (VAT)[1]

Spending

Users can spend their VRChat Credits on the Official VRChat source website, or in the client, through either, group stores or world stores. Users can buy a listing or a subscription with their VRChat Credits, each listing and subscription has products attached to them, these are in layman's terms the benefits you receive from the listing or subscription.

The Spotlight section of the Marketplace tab offers suggestions of worlds and groups that are currently enrolled in the Creator Economy Program.

For more creator-related information, see the Creator Economy documentation.[2].

Listings

Listings are what users can buy from world stores. While listings can be anything the world creator decides, users can expect to see common types of listing such as: Unlocking new areas of a world, customization options, and more.

There are 3 types of listings world creators can offer, each type has a different duration type.

Listing Duration Description
Instant None Users can purchase this type as many times as they want. Benefits are instantly awarded. This type is only purchasable if you are in the world.
Temporary 5 minutes - 3 months Users can purchase this type as many times as they want but can't repurchase until its duration expires. Benefits earned are only available until its duration expires.
Permanent Unlimited Users can only purchase this type once. Benefits are permanently available to the buyer.

Subscriptions

Subscriptions are what users can buy from group stores. While listings can be anything the world creator decides, users can expect to see common types of listing such as: VIP access.

Users have 4 default duration options, they can choose from when buying a subscription.

  • 1 month
  • 3 months
  • 6 months
  • 12 months

There is also a custom duration option users can choose, which ranges from 1 month to 99 months. Subscriptions do not automatically renew.

When a user buys a subscription, they will be automatically added to the group they bought the subscription from. Buyers will also a group role, which creators can offer group specific benefits.

Viewing transaction history

To view the history of your transactions, navigate to the Marketplace page on the Main Menu, proceed to the Wallet section, and then choose the Transactions tab. Alternatively, you can view it on the Official VRChat source VRChat website.

The Transactions tab shows the history of the user's VRChat Credits on their account. Listing the name of the product, the amount of credits, the remaining balance after the purchase, the recipient, the date of purchase, and the type of transaction.

To view your purchases or active and expired subscriptions, navigate to the Purchases & Subscriptions tab of the Marketplace page.

The Purchases tab lists any listing you bought, including its type, date of purchase and expiration, and details. While, the Subscriptions tab includes the same details as the Purchases tab, just instead for subscriptions. It is split up by an "Active" and "Expired" dropdown, and also includes an option to renew the subscription or cancel it.

Enrolling in the Creator Economy Program

To be able to enroll in the Creator Economy Program, a user must have uploaded content and have access to the VRChat Creator Companion, and then apply to become a seller, as long as they are eligible:

Eligibility

  • Be a User who is 18 years of age or older.
  • Have a VRChat account that has been active for at least 30 days.
  • Have a current and active subscription to VRChat Plus.
  • Have a verified email address associated with your Account.
  • Be a community member in good standing at all times while using the Platform, with no suspensions or bans from the Platform or the VRC Creator Economy in the last 90 days.
  • Use the Platform in strict compliance with CE Rules, the Terms, the Community Guidelines, and the requirements set out in Creator Economy Program Rules Section 5.
  • Not engage in any of the following activities: scamming, phishing, false advertising, attempting to exchange Credits for real currency other than through the Platform, or any illegal or unethical activities.
  • Meet any other eligibility requirements that we or our CE Partner may establish from time to time in our or their sole discretion, including but not limited to:
    • Having all applicable tax forms on file with the relevant CE Partner
    • Completing any applicable CE Partner’s Know Your Customer registration, as required by such CE Partner

Official VRChat source See here to view the full Creator Economy Program Rules.

Resources

References