Meta Plans To Take Nearly 50% Cut of Every NFT Transaction in Horizon Worlds’ Metaverse: Report

Tech unicorn Meta is planning on taking almost a 50% cut on all non-fungible token (NFT) transactions in its upcoming metaverse product called Horizon Worlds. According to a report from CNBC, a Meta spokesperson said that the company will take up to 47.5% of each transaction, including a “hardware platform fee” of 30% for all […]The post Meta Plans To Take Nearly 50% Cut of Every NFT Transaction in Horizon Worlds’ Metaverse: Report appeared first on The Daily Hodl.