This episode is brought to you by the Cloud Wars Expo. This in-person event will be held June 28th to 30th at the Moscone Center in San Francisco, California.
Highlights
01:06 — While Meta has made efforts toward supporting the creator economy, creators may be charged fees up to 47.5% to sell their virtual goods in Meta’s Horizon Worlds.
01:45 — Mark Zuckerberg previously criticized Apple for charging developers a 30% fee for in-app purchases through the App Store. Now, Meta is charging this unbelievable amount.
02:18 — This amount could be a colossal mistake, with the roots of the Metaverse being that it is decentralized and open for all. It’s purpose involves enabling companies to get involved.
02:33 — This is the start of an infrastructure revolution. The competition will be too tight for Meta to charge nearly half of what creators can earn in a Metaverse space.
03:11 — Kieron advises anyone working within this new era of Metaverse collaborative sales to make it a collaboration. Don’t charge 50% on sales fees—make it somewhere that users can be profitable.
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