At the end of last year, Meta announced that they were going to enter the Metaverse on a large scale. After boosting its Horizon Worlds, Meta was able to take nearly 50% commission on the sale of digital assets.
Taking advantage of virtual Meta world
Meta now has several new tools developed which allegedly allows creators to monetize and monetize Horizon Worlds. These tools are now being extensively tested. The post reveals that the tools have been implemented to enable creators to sell their Non-Fungible Tokens (NFTs) and digital assets through the Horizon Worlds platform.
Currently, 3 of the 5 largest social media platforms are owned by Meta. Because of this, many content creators and providers hope to take advantage of the virtual Meta world.
Almost 50% commission
However, it was not clear in the official post of the company how much commission they would receive.
It now appears that Meta is charging approximately 47.5% for all virtual asset sales within its Horizon Worlds platform. Also, Meta seems to ask for a hardware platform fee of 30%. This includes all sales that will be made in the Meta Quest Store.
However, the Metaverse world seems to be very competitive at the moment. To really compete with other existing Metaverse platforms, Meta will have to cut its commissions. However, it is not known whether they will make any changes to this.