Meta strikes blow against 30% 'App Store tax' by charging 47.5% Metaverse toll
- Reference: 1649881726
- News link: https://www.theregister.co.uk/2022/04/13/meta_app_tax/
- Source link:
The ad-biz-turned-VR-vendor this week announced it is testing a way for content creators to earn money by selling virtual items and experiences within the company's adults-only Horizon Worlds 3D space, in which avatars [1]can't buy anything below the waist for love nor money.
"As part of our ongoing commitment to support creators, we’re beginning to test several new tools that will enable creators to experiment with different ways to monetize what they’re building in Horizon Worlds," Meta said in a [2]blog post , noting that someone might for example "make and sell attachable accessories for a fashion world or offer paid access to a new part of a world."
[3]
NFT sales – for those who believe in the durability of hosted receipts and deny digital rot – have also been contemplated.
[4]Zuckerberg wants to create a make-believe world in which you can hide from all the damage Facebook has done
[5]Meta's plans to build hyperscale DC in Netherlands on hold
[6]The metaverse of fantasy worlds is itself still a fantasy
[7]Fish mentality: If The Rock told you to eat flies, would you buy my NFT?
Meta is pitching its vision of Second Life the metaverse as a place that "will bring a new level of creativity and open up new opportunities for the next generation of creators and businesses to pursue their passions and create livelihoods."
"Creators and entrepreneurs will have more freedom to find a business model that works for them," the company said.
Pot, meet kettle
Meta and its legacy Facebook ad-targeting operation have voiced frequent concern about how Apple iOS limitations on ads [8]harm small businesses and have [9]objected to Apple's "App Store tax." CEO Mark Zuckerberg has railed about how Apple uses its gatekeeper position [10]to charge monopoly rents.
Yet Meta's answer to this sort of behavior turns out to be imposing even higher rent on those trying to sell some notion of pixel ownership in its torso-only digital environments.
[11]
[12]
Meta has yet to publish documentation on its fee structure, but a spokesperson for the US giant confirmed the details.
"Creators will earn revenue from purchases people make in their worlds, subject to any relevant hardware platform fee, and a Horizon Platform fee which is 25 percent of the remainder," the company spokesperson told The Register in an email. "For example, if a creator sells an item for $1.00, then the Meta Quest Store fee would be $0.30 and the Horizon Platform fee would be $0.17, leaving $0.53 for the Creator before any applicable taxes."
[13]
For what it's worth, the revenue from a $1.00 item, less the $0.30 Meta Quest hardware platform fee, is $0.70, and the 25 percent Horizon Worlds fee comes to $0.175. That leaves $0.525. So if Meta is rounding up to $0.53 in favor of VR vendors selling $1.00 items, keep in mind such generosity may not be evident for large sums where payouts can be more precise.
Meta's spokesperson said the company intends to bring Horizon Worlds to third-party hardware platforms run by other companies, which would set their own hardware platform fee – for better or worse. Meta however would still take 25 percent of whatever is left over as the Horizon Worlds landlord.
As of February, Meta's Horizon Worlds was said to have about 300,000 users, for lack of a better term. Now Meta just has to [14]solve the problem of content moderation. ®
Get our [15]Tech Resources
[1] https://kotaku.com/facebook-metaverse-horizon-worlds-vr-oculus-quest-2-cha-1848436740
[2] https://about.fb.com/news/2022/04/testing-creator-monetization-horizon-worlds/
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2YldIEltBHt8vVEMyi3nGcAAAARM&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[4] https://www.theregister.com/2021/10/29/zuckerberg_meta_facebook/
[5] https://www.theregister.com/2022/03/30/meta_lawsuit_netherlands/
[6] https://www.theregister.com/2022/04/04/metaverse_forrester_planning/
[7] https://www.theregister.com/2022/04/08/something_for_the_weekend/
[8] https://www.theregister.com/2021/01/28/facebook_attacks_apple_privacy/
[9] https://about.fb.com/news/2020/08/paid-online-events/
[10] https://www.buzzfeednews.com/article/pranavdixit/zuckerberg-apple-monopoly
[11] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YldIEltBHt8vVEMyi3nGcAAAARM&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[12] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33YldIEltBHt8vVEMyi3nGcAAAARM&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[13] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_onprem/personaltech&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44YldIEltBHt8vVEMyi3nGcAAAARM&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[14] https://www.theregister.com/2022/02/05/meta_grope_gap/
[15] https://whitepapers.theregister.com/
Terrific!
That will kill the whole thing even deader than it already is.
In an ideal world, Zuckerburg would spend every cent he has trying to make this stupid thing a success and die broke under a bridge, muttering about synergies or leveraging, or whatever pointless crap those management cockwombles think is cool this month.
I can but dream.
Re: Terrific!
Oh, yes. It's half past eleven here in France, time for bed, and that sounds like a perfectly pleasant dream (though my mind might stray a little - wooden stakes might be involved).
Good news..
Glad to see them laying out their stall. Couldn't make it more clear what this "innovation" is about.
It's ok, they have a plan
Which is why when this fails, they will buy up whatever competitors they themselves forced people onto through their douchy behavior.
I mean it worked for Instagram and Whatsapp right? I mean when you know you can't succeed, what other play is there? The only risk would be going full "Producers" and actually succeeding. I feel like the lack of legs will keep that from happening for now.
Meh. Zuck and his ilk are prone to mouthing off about the competition until they meekly turn around and do the same themselves. If some greedy ploy works for one company, it will be adopted by another, make no mistake. The greedy are always looking for a fresh angle to fleece the population with.
Sadly, there are people who will pony up CAD$1000+ for a VR goggle set so they can watch 3D cat videos...
But what is this about "below the waist?" Did they get the Amish to set the rules, such that even the turn of an ankle or toe is considered "porn"?
leaving $0.53 for the Creator before any applicable taxes
Not like the 47% that has been applied before this stage is anything like a tax at all is it?
Gonna be quite expensive, mooching around the metaworld in your NFT-shirt, wondering why it's so quiet and boring, hoping that someone will be willing to make something good for you despite the fact they're going to get milked so much by the owners.
maybe should be other way around
facebook paying for/subsizing half of all metaworld purchases to encourage people to make things worth purchasing.
(never have had a facebook account, well maybe they have a shadow account for me I don't care either way)