Meta unveils fees on metaverse sales ...News

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Meta unveils fees on metaverse sales
Firm plans to take nearly 50% cut for transactions on its virtual reality platform Facebook’s parent company Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the firm's virtual reality platform Horizon Worlds. Meta spokesperson confirmed to CNBC on Wednesday that the overall charge is comprised of a 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets. On top of that Horizon Worlds will charge a 17.5% fee. On Monday, the social media giant announced it would start testing tools

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