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1. • Yes

     • Yes! Creators are now eligible to exchange their tokens for REAL MONEY. In fact, we’ve just cashed out several creators prior to publishing this article. Our creators have had such a tremendous impact on Rec Room that we wanted to enable them to turn their tokens into real money. Now, we’re introducing that system to you here.
     blog.recroom.com/posts/2021/2/26/imagine-making-money-in-rec-room

     Imagine Making Money in Rec Room

2. People also ask

   How much is rec room worth?

   • SEATTLE, Dec. 20, 2021 /PRNewswire/ -- Rec Room, the leading social gaming platform for user generated content, announced the close of $145 million in new funding, bringing the company's total valuation to $3.5 billion.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

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   What is rec room?

   • Rec Room has been around for just five years (launched in 2016 in Seattle), and it has — at least for now — avoided the fast-rise/precipitous fall that has characterized so many other social gaming hits. It has now racked up 37 million users who build and play games in “rooms” where they virtually hang out with other users.

   Rec Room raises $145M at a $3.5B valuation for its user-generated

   techcrunch.com/2021/12/20/rec-room-raises-145m-at-a-3-5b-valuation-for-its-user-generated-immersive-gaming-platform/

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   Why is rec room getting funding?

   • The funding is coming on the back of very significant growth and scale for Rec Room, amid a wider climate where suddenly a lot more attention is being focused on VR and immersive experiences, and specifically companies that are building content (or vehicles for content) that engage users in those mediums.

   Rec Room raises $145M at a $3.5B valuation for its user-generated

   techcrunch.com/2021/12/20/rec-room-raises-145m-at-a-3-5b-valuation-for-its-user-generated-immersive-gaming-platform/

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   What is rec room's creator compensation program?

   • Rec Room’s launch of the Creator Compensation Program is aimed at paying out more than $1 million in bonuses to Rec Room users who’ve made particularly popular content for the game. Investors: Rec Room has raised $149 million in total funding and the new round comes just a few months after the company raised $20 million in December.

   Seattle’s newest unicorn: Rec Room raises $100M as social gaming

   www.geekwire.com/2021/seattles-newest-unicorn-rec-room-raises-100m-social-gaming-popularity-fuels-big-growth/

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   Who owns Rec Room?

   • This latest round was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures and Madrona Venture Group. Launched in 2016, Rec Room has now enabled over 37 million people around the world to connect and create.

   Social Gaming Platform Rec Room Raises $145 Million at a $3.5 Billion

   www.prnewswire.com/news-releases/social-gaming-platform-rec-room-raises-145-million-at-a-3-5-billion-valuation-301448340.html

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   How many rooms are on rec room?

   • There are some 12 million rooms on the platform already, Rec Room said. Although it’s not clear how many active users there are out of that 37 million figure, Rec Room said that monthly user count has grown by almost 450% in the last year (since November 2020), and that mobile users are driving some of that growth, up tenfold in that period.

   Rec Room raises $145M at a $3.5B valuation for its user-generated

   techcrunch.com/2021/12/20/rec-room-raises-145m-at-a-3-5b-valuation-for-its-user-generated-immersive-gaming-platform/

   See all results for this question

3. techcrunch.com › 2021/12/20 › rec-room-raises-145mRec Room raises $145M at a $3.5B valuation for its user ...

   techcrunch.com › 2021/12/20 › rec-room-raises-145m

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   Dec 20, 2021 · Rec Room, a free to download and play cross-platform social gaming company, has raised $145 million, funding that it will use to continue building out its tools and audience of gamers using...

4. www.prnewswire.com › news-releases › social-gamingSocial Gaming Platform Rec Room Raises $145 Million at a $3.5 ...

   www.prnewswire.com › news-releases › social-gaming

   • Cached

   Dec 20, 2021 · SEATTLE, Dec. 20, 2021 /PRNewswire/ -- Rec Room, the leading social gaming platform for user generated content, announced the close of $145 million in new funding, bringing the company's...

5. Videos

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     Earn REAL money with Creator Compensation in Rec Room

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     5 Ways To Make MONEY In Rec Room!

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6. www.geekwire.com › 2021 › seattles-newest-unicornSeattle’s newest unicorn: Rec Room raises $100M as social ...

   www.geekwire.com › 2021 › seattles-newest-unicorn

   • Cached

   Mar 24, 2021 · Seattle-based Rec Room has raised $100 million in new funding. The game development startup is now valued at $1.25 billion after an explosive year of growth in which players used the platform to...

7. www.gamesindustry.biz › rec-room-raises-usd145Rec Room raises $145m, valued at $3.5bn - GamesIndustry.biz

   www.gamesindustry.biz › rec-room-raises-usd145

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   Dec 22, 2021 · Social gaming platform Rec Room raised $145 million in a funding round, bringing its total valuation to $3.5 billion. The round was led by Coatue Management, with participation from existing...

   • Email: danielle.partis@gamesindustry.biz

   • Occupation: News Editor

8. www.builtinseattle.com › articles › rec-room-securedSocial VR Gaming Platform Rec Room Secures $145M, Hits $3.5B ...

   www.builtinseattle.com › articles › rec-room-secured

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   Dec 20, 2021 · Rec Room, a social VR gaming platform, announced on Monday that it secured a $145 million investment to close out the year. The latest funding round was led by Coatue Management and included participation from Sequoia Capital, Index Ventures and Madrona Venture Group.

   • Author: Abel Rodriguez

9. blog.recroom.com › posts › 2021/10/12Community Commerce Report — Rec Room Developer Blog

   blog.recroom.com › posts › 2021/10/12

   • Cached

   Oct 13, 2021 · Separately, Creators can also allow players to spend Rec Room tokens on their currency. While this is a new feature, we have seen some really interesting use cases for currencies. Let’s take a look at the room ColorBlockRR made by Reelix_. In this room, the description reads: Try and be the last one standing! One color plate will be chosen ...

10. www.prnewswire.com › news-releases › social-gamingSocial Gaming Platform Rec Room Announces New Funding at $1. ...

    www.prnewswire.com › news-releases › social-gaming

    • Cached

    Mar 24, 2021 · SEATTLE, March 24, 2021 /PRNewswire/ -- Today Rec Room, the gaming platform for user-generated content, announced the close of $100 million in new funding, bringing the company's valuation to...