3 ms·
A nearly 50% cut of all metaverse transactions is a bit unnecessary, not to mention hypocritical considering Zuckerberg has been outspoken about Apple's App Sto
by synaesthesisx 5y ago
A nearly 50% cut of all metaverse transactions is a bit unnecessary, not to mention hypocritical considering Zuckerberg has been outspoken about Apple's App Store "tax".
Facebook's primary goal is to have ownership of the largest metaverse platform (including hardware) so that they can rent-seek by taxing everything that happens within it. They know that they missed the chance on mobile (FB scrapped their secretive phone projects), and their ability to profit from mobile advertising is at the whim of the platform owners (Apple & Google).
The "metaverse" will likely be successful - just not Facebook's version of it.
- mupuff1234 5y ago50% sounds insane - but at least it's more transparent than the usual SV predatory path of starting with a low\zero rate and then increasing once achieved a high enough market share.