JAKARTA – Facebook's parent company Meta Platforms will charge creators around 47.5% for the sale of digital assets and experiences created on its company's virtual reality platform, Horizon Worlds.
According to a Meta spokesperson told Reuters on Wednesday, April 13, the overall cost consists of 30% of the hardware platform fees for sales made through the Meta Quest Store, where it sells apps and games meant for its virtual reality headset, and a 17.5 % further as the cost of the Horizon platform.
On Monday, April 11, the tech giant said it would begin testing tools for creators to sell digital assets and in turn make money on Horizon Worlds, a key part of its plan to create a metaverse.
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Meta CEO Mark Zuckerberg has criticized Apple Inc's app store fee of 30%, but Meta's latest move to charge creators nearly half of their sales on its own platform has angered many of them.
Parent company Facebook, which changed its name to Meta last year, has invested heavily in virtual worlds and augmented reality to reflect its new bet on the metaverse, the futuristic idea of a network of virtual environments accessed via different devices where users can work, socialize and play.
Meta's Horizon Worlds, an expansive VR social platform, and Horizon Venues, which focuses on virtual events, are early iterations of the metaverse-like space.
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