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The company has launched a Creator Economy 2.0 system that will proportionately hand out 40 percent of net revenue from most real-money purchases to creators, including Epic. If your island is ...
When they examined the game Fortnite, they found that since the in-game currency does not have a unique exchange rate, it can conceal the true cost of an in-game purchase, resulting in players potentially paying more than they realize. [38] In 2021 the study was used to take legal action against Epic Games, the publisher of Fortnite. [39]
This includes money that Epic earns from the purchase of V-Bucks (in-game currency), real money spent in Fortnite on items like starter packs, quest packs and cosmetics, and Fortnite Crew ...
Epic extended the royalty-free cutoff from $50,000 to $1 million back in 2020. Epic Games has announced a new pricing structure for non-game developers to use its Unreal Engine. It’ll cost these ...
Epic will pay $275 million for allegedly violating the COPPA rule as part of a proposed federal court order. The agency says that's the largest penalty it has obtained to date over a rule ...
Loot box. Mock-up image of opening a loot box in a video game. In video game terminology, a loot box (also called a loot crate or prize crate) is a consumable virtual item which can be redeemed to receive a randomised selection of further virtual items, or loot, ranging from simple customization options for a player's avatar or character to ...
Epic Games's founder and CEO Tim Sweeney. Since 2015, Epic Games's founder and CEO Tim Sweeney had questioned the need for digital storefronts like Valve's Steam, Apple's App Store for iOS devices, and Google Play, to take a 30% revenue sharing cut, and argued that when accounting for current rates of content distribution and other factors needed, a revenue cut of 8% should be sufficient to ...
If you were charged in-game currency for items you didn't want between January 2017 and September 2022, or if your child made Fortnite charges to your credit card without your knowledge between ...