epic buys competitor
So, iam sure most if you seen the news: epic bought cgtrader's competitor. not the squid, the other one with 3d viewer, you know :)
It seems they are starting to take only 12 percent for sold model if i understand correctly. any thoughts? how / if it will disrupt 3d selling markets ?
The owners would have to evaluate that and adjust their rates to remain competitive, if they think that the buyout is a threat.
Why would you think that this move would affect/disrupt 3D stock marketplace in any meaningful way? Is it because of the fee reduction? I don't think so, there's already some marketplaces that has even lower fees, but nobody's panicking about that. Besides, due to the way sketchfab is handling payments, their new 12% cut will be about the same as cgtrader's 20% I was getting significantly lower amount of money from the same models on sketchfab compared to cgtrader and that was the reason why i started to increase prices over there. Now i will be able to equalise them without hurting myself. better for the customers, not much difference for me.
Dealing for many years with both Epic and Sfab I can definitely expect nothing good will turn out of this :(
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