The creator economy will explode in the Metaverse, but not under Big Tech’s regime
2022.05.04 18:05
The creator economy will explode in the Metaverse, but not under Big Tech’s regime
With the news that Meta plans to take a nearly 50% cut of virtual asset sales in Horizon Worlds, it will not be surprising if independent artists and content creators turn away from the Metaverse entirely. Or at least from its Meta rendition, no matter how excited the company might be about the creator economy. It’s one thing to pay this much when the taxes go toward making life better for your community, but Meta is a business, not a charity.
Ariel Shapira is a father, entrepreneur, speaker and cyclist and serves as founder and CEO of Social-Wisdom, a consulting agency working with Israeli startups and helping them establish connections with international markets.
