Meta charges a whopping 47.5% fee for metaverse virtual asset purchases

Makers who create and sell digital assets in Meta’s Horizon Worlds virtual reality platform will earn quite a bit less than expected as the company plans to cut by up to 47.5 percent.

In a recent blog post, Facebook’s parent company announced it will enable select Horizon Worlds creators to sell virtual assets within their digital worlds. While this is good news for creators, Meta has not stated how much it will charge them to sell digital assets and possibly even NFTs on its platform.