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There is a known incompatibility issue with the current version of Rec Room and some AMD graphics cards (especially the Radeon RX 400 and Radeon RX 500 series) while playing through SteamVR. This is even more common for players using Windows MR headsets and/or on Windows Insider Preview builds of Windows 10.
While we continue to investigate the underlying issue for a permanent fix, here is a simple workaround that should fix the problem for the time being. This might need to be re-applied when the game is updated: