Vote Now | Meta plans to take a nearly 50% cut of virtual asset sales in its metaverse
$Meta Platforms (FB.US)$ CEO
Mark Zuckerberg has been a critic of
$Apple (AAPL.US)$'s app store fees of 30%, but Meta's latest move to charge creators nearly half their sales on its own platform has angered many of them.
The company plans to take a
47.5% cut of all digital asset sales on its
Horizon Worlds platform.The overall
charge comprises of
30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further
17.5% cut as its Horizon platform fees, a Meta spokesperson said on Wednesday.
By comparison, NFT sales on
OpenSea carry just a 2.5% commission.
Mooers, any thoughts on Meta's fee structure? Will Meta's high fee structure dissuade content creators from taking part in the experiment?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Milk The Cow : U can't stop a creator mindset / a man's dream.
TRIUMPHANT RETURNS : metaverse sells , but who is buyin? hehe