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by fxtentacle 2095 days ago
The problem is, those numbers are nowhere near close to the price of making triple-A games. I heard Assassins Creed Origins cost 80 mio and Odyssey was 100 mio. With that in mind, "Top games have made over $10m" sounds like we won't be seeing high quality VR games anytime soon.
2 comments

A few points to consider:

1. Facebook funds many of these games; think of it like a first-party game made to drive sales of a new console. The developer gets paid up front, Facebook recoups the revenue via incremental sales of HMDs and software on their store.

2. Note that many games are VR offshoots of existing IPs. This means the opportunity for asset re-use and consequently lower costs.

3. "High quality" and "big budget" are not equivalent. There is a huge spectrum between a tech demo and a flagship title with 400-500 people working on it (as is the case of AC). AAA-caliber, lengthy games can be made by teams of 50-75.

4. Again, those revenue numbers are on Quest only. PSVR is an even larger market, and PC VR (Vive, Index, WMR, Rift) is probably about the same size.

The most important point though is that if your entry point requires Cyberpunk 2077, Red Dead Redemption 2, or The Last of Us, then it is indeed too early.

However, the two hottest non-VR games right now are Fall Guys and Among Us - great, high quality games come in all sizes.

So now it's "AAA or it's a flop"?

It does feel like the goalposts are being placed wherever VR isn't.