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Meta to launch Horizon worlds social metaverse platform

April 18, 2022

Meta to launch Horizon worlds social metaverse platform
Meta is set to launch a web version of its Horizon Worlds social metaverse platform, which is currently available just on the organization’s Quest VR headsets.

When Horizon’s web adaptation launches, the platform fee maybe 25% a much lower rate compared with other similar world-building platforms, Meta CTO Andrew “Boz” Bosworth said in a tweet late on Thursday.
 
“25% for Horizon. If the platform underneath it takes a cut the 25% comes after that. So if the platform underneath 30% as many do (Apple, Google, Oculus) it comes out to 47.5 percent total, similar to the Roblox and YouTube rates,” he explained.
 
It means that for goods sold in Horizon Worlds on a Quest VR device, Meta will take 47.5 percent of every transaction.
 
Recently, Meta announced it is trying new features in Horizon Worlds, its social VR application, that will help creators with selling virtual items and making money.
 
Meta CEO Mark Zuckerberg has said that creator monetization and metaverse economy are really important.
 
“We’re making good on our goal to ensure that developers have a path to real financial success on our platform. In its initial days, there is still a ton of work to be done and we continue to partner closely with our creators and developers to enable them to earn meaningful revenue,” tweeted Bosworth.
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