Inflation Hits Fortnite: Epic Games Increases Price of V-Bucks
Inflation has affected various aspects of consumers’ lives, causing the prices of everyday expenses to rise. Now, Fortnite enthusiasts will also experience the impact on their wallets.
Epic Games recently announced that it will be increasing the price of V-Bucks, the virtual in-game currency used in Fortnite. V-Bucks are primarily used to purchase cosmetic items such as character and weapon skins. Although these items are purely cosmetic, Epic Games has generated billions of dollars through the sale of licensed skins from popular brands like Marvel and the NFL.
Starting from October 27, V-Buck bundles will become more expensive in several locations including the United States, Eurozone countries, Japan, Sweden, and Poland. Epic Games explained that these adjustments are based on economic factors such as inflation and currency fluctuations.
The Impact on Prices
The severity of the price increases depends on the quantity of V-Bucks being purchased. In the United States, for example, a basic bundle of 800 V-Bucks will increase from $7.99 to $8.99 within a month. Meanwhile, the largest pack of 13,500 V-Bucks will jump from $79.99 to $89.99.
You can find a complete breakdown of updated prices across different bundles and countries on the Fortnite blog.
Unfortunate Timing
The announcement regarding the price increase came just hours before Epic Games confirmed significant layoffs. The company let go of 830 employees, which accounts for about 16% of its workforce. With a valuation of $31.5 billion, Epic Games also divested from two previously acquired companies, resulting in an additional 250 job cuts.
Hot Take: Fortnite Players Face Higher Costs
As inflation continues to impact various industries, even video game enthusiasts are not spared from rising prices. Epic Games has announced an increase in the price of V-Bucks, Fortnite’s virtual currency used to purchase cosmetic items. These adjustments are based on economic factors such as inflation and currency fluctuations. While the impact may vary depending on the bundle size, players in the United States and other countries will experience higher costs starting from October 27. This news coincided with the unfortunate announcement of significant layoffs at Epic Games, further adding to the challenges faced by the company.
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