Meta Platform’s Chief Technology Officer, Andrew Bosworth, tweeted last week that his company planned to deliver a web-based version of its Horizon Worlds metaverse platform to users. Meta Meets Resistance over Creator FeesThe news comes just days after Meta was roasted on social and tech media for announcing it would charge up to 47.5 percent of sales from virtual content hosted on the Horizon Worlds platform. Rival firms such as OpenSea and LooksRare charge 2.5 percent, and 2 percent for each transaction, respectively, CNBC added. Meta is looking to charge digital creators fees of up to 47.5% to sell virtual items in its Horizon Worlds #metaverse. Now — Meta seeks to charge those same creators significantly more than any other platform.

Source: Libya Today April 19, 2022 12:32 UTC