Meta pays for the metaverse of your NFTs

The metaverse, web3 freedom or web2 replica? – For most of us, the metaverse rhymes with freedom. Freedom to create and share, freedom to meet and interact. In short, a new world is born, expanding the field of possibilities, far out of any control. However, HorizonWorldthe metaverse from the imagination of Meta (Facebook) seems to be moving away from this idea. We explain why.

He hadn’t escaped anyone for a few months, mark zuckerberg acted a 180 ° bend. His goal? Get this new trend exploding, the metaverse. This sudden shift comes as Facebook and instagram lose advertising revenue and worry shareholders. This is due to the privacy changes it has recently implemented Apple and Google. For the real kings of web2 they really are. So Meta intends to lead them in the world of the future, which is on the web3.

To do this, Mark Zuckerberg launched HorizonWorlda virtual reality game (VR) which would have hosted different interconnected worlds. Recently, the Meta boss detailed the next novelties announced at the heart of his metaverse. In particular, he explained that he was working on parts that would allow creators sell virtual objects. Often, a designer can make the sale Fashion Accessories to equip our digital avatars. Another example, virtual real estate developers can sell and access to “premium” areas in their world.

“The ability to sell items and access privileges within virtual worlds is now part of the overall e-commerce equation”

mark zuckerberg

See a virtual town within the Metaverse

The ability to sell Virtual Goods is initially only open to some creators. Potential initial buyers are also limited to users over the age of 18 living in the USA and Canada. But now, the social networking giant is looking to get a good portion of the cake, maybe even half.

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The metaverse, yes, but has to pay

Creator you are, do you want to share your newly created virtual world with as many people as possible? Or deploy different onesaccessories to equip the avatars across the metaverse? This should be possible soon at Horizon World, of course, but wins are expected to be limited. Meta will arrogate 25% of all transactions that occur within its metaverse. Also, if your sale is made through Store search in Meta, provider of Oculus Quest headsets, 30% of the costs will be deducted from you in advance. In the end, 47.5% the amount will go into Meta’s pockets.

Meta gets a nice slice of the pie with purchases from its Horizon World metaverse.  Only half of it is available to the creator.

“We think it’s very competitive for this market,” he said. Vivek Sharma, Vice President of Horizon World at Meta. Meta’s spokesperson, Sinead Purcell further implies that Horizon World will one day be available on hardware made by other companies. In this case, Meta will continue to charge 25% of its fee but allow manufacturers to set their own prices. Hopefully it’s not too selfish.

However, Mark Zuckerberg criticized Apple in 2021 for their excessive 30% fee for selling applications inAppStore. The idea should please him, though, because a year later, here he is adopting the concept for his metaverse. Will we move towards a completely free and equal metaverse like Decentraland hope The SandBox ? Or will we be caught by the web2 giants weaving their web into the heart of web3? Creators and users decide. Because in the end, they are the ones with real power. So ask yourself the question. In what meta am I wandering?

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