Metaverse đź’ž beyond.picturesFormer Oculus CTO John Carmack calls Meta's 30% VR developer fee 'wasteful churn,' arguing the company subsidizes third-party devs only to tax them 30% back. He suggests Epic's model of no fees for the first 1M USD in revenue would better reward increased economic activity. https://www.roadtovr.com/john-carmack-oculus-cto-meta-fee-structure-critique/ #Metaverse #VR #AR #Meta #Carmack
Former Oculus CTO Calls Meta's 30% VR Dev Fee "wasteful churn" in Face of Subsidizing Individual Apps
Legendary programmer and former Oculus CTO John Carmack doesn’t think Meta’s developer incentive structure is healthy for the Horizon Store ecosystem, calling it “wasteful churn.” The News While Carmack departed Meta in 2022, concluding his “decade in VR,” the one-time Oculus CTO has never been one to mince words when it comes to virtual reality. In …