>A Meta spokesperson confirmed to CNBC Wednesday that Meta will take an overall cut of up to 47.5% on each transaction. That includes a “hardware platform fee” of 30% for sales made through the Meta Quest Store, where it sells apps and games for its virtual reality headsets. On top of that, Horizon Worlds, will charge a 17.5% fee.
I don't know how anyone would be able to turn a profit paying those fees.
What's being sold is NFTs so it's all just made up anyway. Keeping 50% of the money you make selling a low quality meme picture still leaves you with a healthy profit vs the zero you put in.
NFTs don't even seem to have the staying power of 80's hair or beanie babies... in a few more years it will all be dust. And fb investors will get 47% of squat.
4 comments
[ 3.0 ms ] story [ 23.3 ms ] threadI don't know how anyone would be able to turn a profit paying those fees.