Meta, Facebook’s parent company, will charge creators of virtual goods that can be sold on the Horizon Worlds platform a 47.5% tax, almost half of their earnings. Meta and the fees of Horizon World’s...
Tag: Meta
Facebook parent Meta set to take nearly 50% cut from virtual sales — and Apple is calling it out
Facebook parent Meta Platforms Inc.’s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse is drawing widespread criticism from developers and longtime nemesis Apple In...
Meta Stock Might Have Another Round of Weaker Earnings Ahead
Text size Meta stock saw a couple of price target cuts as analysts worried about its coming earnings report. Justin Sullivan/Getty Images Wall Street is bracing for another rough quarter for Facebook ...
Meta Sets Sights on Taking a Cut of Nearly 50% on NFT Sales – crypto.news
Meta (Previously Facebook) plans to take a commission of 47.5% on NFT sales on its Horizon Worlds platform. This sale is part of the company’s strategy to create a metaverse. In a blog post on Monday,...
Social media giant Meta eyes 47.5% cut on every NFT sale in Horizon Worlds
Facebook’s parent Meta plans to take a 47.5% cut on the sale of digital assets on its virtual reality platform Horizon Worlds, leaving the NFT creator with 52.5% of the sale’s proceeds. The creation o...
Meta tests monetization tools in Horizon Worlds
Meta, Mark Zuckerberg’s company, has announced that it is testing tools to allow Horizon Worlds creators to monetize in the metaverse by selling virtual goods and services. Meta will enable the sale ...
Meta plans to take a nearly 50% cut on NFT sales in its metaverse
Facebook on Thursday announced that it is opening up Horizon World, its virtual reality world of avatars, to anyone 18 and older in the U.S. and Canada. Courtesy of Meta Facebook-parent Meta is planni...
Meta Opens Monetization Options to Users of Horizon Worlds – Metaverse Bitcoin News
Meta, the company formerly known as Facebook, is now launching a pilot project that will let users in Horizon Worlds, its VR metaverse platform, monetize their creations. This pilot will allow a numbe...
Meta Will Enable VR Creators to Sell Virtual Items in Horizon Worlds
Meta is rolling out the first stages of a new digital economy that will underpin its new metaverse pivot. Yesterday, the parent company of Facebook revealed that it’s testing features that will enabl...
Meta Puts Latest Virtual Economy To Test in Horizon Worlds, Loses $10 Billion
Meta CEO Mark Zuckerberg, unveiled that the organization is putting monetization on test in Horizon Worlds VR app. Meta said that a chosen cluster of producers will be allowed to sell digital products...
Meta Launching Currency for Use in Horizon Worlds VR App
Meta is launching a currency for a small number of creators within its Horizon Worlds VR app. The currency will be tested and could perhaps be the precursor to a currency in a future metaverse. Meta i...
Meta Is Testing A New Digital Economy In Horizon Worlds — As Company Loses $10 Billion In The VR Market
Mark Zuckerberg, chief executive of Meta, revealed that the company is experimenting monetization for the Horizon Worlds virtual reality app in order to enable developers to generate income. While the...
Meta Starts Building a Digital Economy for Creators in Horizon Worlds
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Meta explores ‘Zuck Bucks’: a token for the metaverse
Meta, the company behind Facebook and Instagram, is now aiming at finance by exploring “Zuck Bucks”: the virtual currency for the metaverse. Mark Zuckerberg’s company is looking for new alternative re...
Meta to take another stab at crypto, this time with Zuck Bucks
Meta’s attempt to bring crypto to the masses failed. Some liken the circumstances of Diem’s end to death by a thousand cuts in that it was long, drawn-out, and tortuous. But rumors are that Meta’s fou...
Meta Reportedly Plans to Create an In-App Token For its Metaverse
Meta, the company behind Facebook, is reportedly trying to develop its own token – not a cryptocurrency – to support its ambition of connecting users through the Metaverse. More tokens may be develope...
This Week [In] Crypto: Meta Platforms Trading Well
This week, Be[In]Crypto brings you the price movements for Bitcoin (BTC) and gold. This week’s stock pick is Meta Platforms. BTC Bitcoin’s recent trajectory has noticeably arced, returning roughly to ...
Social Media Giant Meta Unveils Plans To Launch New Crypto Asset: Report
Social media titan Meta is reportedly formulating a plan to incorporate a proprietary crypto asset and social tokens into its business model. According to a new report by the Financial Times (FT), Met...
Meta plans to create ‘Zuck Bucks’ for Facebook’s Metaverse
TL;DR Breakdown After the failure of Diem, Meta continues to test its luck in the metaverse. It aims to create an in-app token named ‘Zuck Bucks.’ The Facebook Parent Company slowly digs into the tech...
Meta Plans for Digital Currency Resurrected After Failure of Diem Project
Meta has announced it will introduce virtual coins, tokens, and lending services, despite being stung by the failure to launch its own cryptocurrency. The company, formerly known as Facebook, plans to...
Facebook Owner Meta Weighs In-App Tokens for Its Metaverse
Key Takeaways Meta is reportedly considering breaking into finance in a bid to secure alternative sources of revenue. The company is reportedly exploring issuing a virtual currency, social tokens, and...
Meta Contemplating Tokens For Metaverse: A Report Signifies
Reportedly, Meta is planning to bring out a virtual currency as it moves towards building a Metaverse. They are making certain changes to prioritise building for the Metaverse, earlier highlighted by...
Meta Plans to Introduce Virtual Tokens: FT
Meta is planning to introduce virtual tokens and cryptocurrencies, the Financial Times reported. The social media giant is aiming to use these digital assets for rewarding creators and lending and oth...
Meta may introduce tokens and digital currency lending services to apps: Report
Social media giant Facebook’s parent company, Meta, is reportedly planning to introduce virtual currency as well as lending services to apps it owns, with Facebook, WhatsApp, Instagram, and Messenger ...
Meta Is Considering ‘Zuck Bucks’ to Regain Its Market Value
Meta (formerly known as Facebook) is planning to integrate cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digita...
Zuck What? Meta Is Reportedly Planning To Create A Digital Token Nicknamed After Its CEO
Meta Platforms is preparing to integrate cryptocurrencies into its family of apps, with the goal of using them to reward creators and to facilitate lending and other financial activities. The Financia...
Bring your inner Racing Passion to Life in the Metaverse Reality with Meta F1 Club NFTs. First Time ever in the NFT world
The NFTs, known as the best digital assets, have taken the world by storm in a very short time. The inception of the innovational NFT concept in the blockchain industry has started grabbing mainstream...
Should Meta Choose Parody Coin Over ETH or SOL for its Instagram NFTs?
Mark Zuckerberg has made no secret of his fascination with Web 3.0. Facebook’s parent company of the same name rebranded as ‘Meta’ in October of last year to “reflect its focus on building the metaver...
Meta (Facebook) plans to launch its own crypto exchange
According to recent data, Meta, the parent company of Facebook, might be planning to launch its crypto exchange. The company has filed for eight new trademark applications of the Meta logo covering cr...
Nasdaq, Meta loses 40% on the stock exchange
The company Meta Platform, listed on the Nasdaq 100 index, lost 40% of its market value. Meta loses 40% of its value and the Nasdaq suffers Meta, the American social networking giant, has lost 40% of...
The Best Meta Purchase Ever?
With so much cash thrown around in Silicon Valley, it’s not easy for an acquisition to cause a stir. Facebook’s (FB) (now Meta) acquisition of WhatsApp in 2014 did just that—surpassing Google...
Meta integrates new 3D ads on Facebook
Meta Platform has integrated VNTANA to allow brands to upload interactive ads to Facebook and Instagram. Meta and VNTANA to bring 3D ads to Facebook and Instagram Meta has reportedly integrated VNTAN...