Facebook’s parent meta platform will charge creators approximately 47.5 percent on sales of digital assets and experiences made within the company’s virtual reality platform Horizon Worlds.
Hardware platform fee includes 30 percent of the total fee for sales made through meta Quest Store, where it sells apps and games for its virtual reality headsets, and takes a 17.5 percent cut as horizon platform fees, a Meta spokesperson told Reuters on Wednesday.
On Monday, the tech giant said it would launch testing tools for creators to sell digital assets and in return make money on Horizon Worlds, a key part of plans to build one. metaverse,
meta chief executive officer Mark Zuckerberg Apple’s App Store has been critical of its 30 percent fee, but Meta’s latest move to charge creators nearly half the sales on its platform has angered many of them.
Facebook The parent company, which changed its name to Meta last year, has invested heavily in virtual and augmented reality to reflect its new bet on the Metaverse, a future of networks of virtual environments accessed through a variety of devices. The idea of where users can work, socialize and play.
Meta’s Horizon Worlds, an elaborate VR social platform, and Horizon Venue, which focuses on virtual events, are early iterations of the Metaverse-like space.
© Thomson Reuters 2022