--- title: "Zuckerberg Dogpiled Over Plans to Monetize the Metaverse" description: "Facebook has announced plans to monetize its Metaverse — and creators are extremely irate at how large a cut the company intends to take." date: "2022-04-15" modified: "2022-04-15" authors: - name: "Noor Al-Sibai" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/nooralsibai" url: "https://futurism.com/the-byte/zuckerberg-metaverse-monetization" categories: - "Future Society" - "Metaverse" - "Virtual Reality" tags: - "mark zuckerberg" - "metaverse" - "the digest" - "virtual reality" --- # Zuckerberg Dogpiled Over Plans to Monetize the Metaverse ![Facebook has announced plans to monetize its Metaverse — and creators are extremely irate at how large a cut the company intends to take.]() *Mark Zuckerberg departs a meeting on Capitol Hill in Washington, DC, on April 9, 2018. - Embattled Facebook chief Mark Zuckerberg has placed the blame for security lapses at the world's largest social network squarely on himself as he girded Monday for appearances this week before angry lawmakers.In prepared remarks released by a congressional panel, Zuckerberg admitted he was too idealistic and failed to grasp how the platform -- used by two billion people -- could be abused and manipulated. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) \Image: Getty Images\* ## Mega Cut Mark Zuckerberg's social media giant formerly known as Facebook has announced plans to monetize its, [uh, work-in-progress ]()Metaverse — and creators are extremely irate at how large a cut the company intends to take. Earlier in the week, [as *CNBC* reported](), Facebook — which has [officially rebranded as Meta]() — announced that it's letting some Horizon Worlds creators sell assets in its Metaverse. Though the company's [own blog post about the asset shares]() didn't list the fees, Meta confirmed to *CNBC* that in total it'll be extracting a flabbergasting 47.5 percent cut, between the company's own 30 percent hardware platform fee and Horizon World's 17.5 percent fee. ## Metaverse Robbery Unsurprisingly, metaverse creators aren't thrilled by this incredibly high figure. As one user [sardonically tweeted](), "the future of work is giving Meta 47.5 percent of your salary, apparently." "Hey Meta," [another quipped](), "can I get 47.5 percent of the money you’ve made from selling my data?" "I'm going to just start referring to Meta as MySpace 2.0," [yet another joked](). Check out some of the best, brashest, and most hilarious responses below. ## Donations Please https://twitter.com/mypethooligan/status/1514985720347209728 Won't you spare 47.5 percent of your sales to help a needy billionaire? ## Godspeed https://twitter.com/BanklessHQ/status/1514333528292536328 Thoughts and prayers up. ## Hypocrisy Now https://twitter.com/mdudas/status/1514008386165252096 ## Before Taxes https://twitter.com/NFTherder/status/1514204380697878532 Even in the world of web3, this is absolutely untenable. ## Clown Emoji https://twitter.com/Crypto_Artic/status/1514568113269977088 They said it all. **READ MORE:** [Meta plans to take a nearly 50% cut on virtual asset sales in its metaverse]() \[*CNBC*\] **More on Zuckerberg's Metaverse:** *[Facebook Whistleblower Warns That Zuckerberg Wants To Fill Your House With Microphones]()* ## Author At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow. ### Author social links [Bluesky]()