Apple Says Plan for Nearly 50% Commission on Metaverse Purchases ‘Lays Bare Meta’s Hypocrisy’

Apple Says Plan for Nearly 50% Commission on Metaverse Purchases ‘Lays Bare Meta’s Hypocrisy’

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of the hypocritical metaverse.

Yesterday, it was revealed that Meta, better known as Facebook, plans to charge a hefty 47.5% commission on digital asset purchases made within the so-called “metaverse.”

The 47.5% cut includes a 30% hardware fee in addition to a 17.5% platform fee. In response to the plan, Apple spokesman Fred Sainz told MarketWatch that Facebook is simply being hypocritical and that while it complains about Apple’s own platform fees, it wants to charge creators even more.

“Meta has repeatedly targeted Apple for charging developers a 30% commission for in-app purchases on the App Store, and has used small businesses and creators as scapegoats throughout,” the Meta spokesperson stated. Apple Fred Sainz in an email to MarketWatch. . “Now, Meta looks to charge those same creators significantly more than any other platform. The [Meta] announcement exposes Meta’s hypocrisy. This shows that while they seek to use Apple’s platform for free, they happily take from creators and small businesses that use theirs.”

Facebook and the company’s CEO, Mark Zuckerberg, have repeatedly called Apple’s ‌App Store‌ and the 15% to 30% cut required for in-app purchases anti-competitive and monopolistic.

Zuckerberg in June 2020 said that Facebook would make paid online events, subscriptions, badges, and other products free for creators until 2023, and after that, Meta would announce a commission that is “less than 30% that of Apple and others.” they take”. That lower commission has yet to be announced, and at least as far as the “metaverse” is concerned, Zuckerberg’s promise of a lower cut than Apple’s has already been broken.

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