Epic Games, best known for developing the battle royale behemoth Fortnite and the Unreal engine, today announced that it’s launching its own online game store. Many are viewing this as a Steam rival which Epic Games says will be fairer to developers. It’s apparently going to be offering 88 percent revenue share.

The online Epic Games Store is going to be launched soon with a curated selection of games for PC and Mac. The company says that developers will be able to take advantage of 88 percent of revenue share on the store.

“As a developer ourselves, we’ve always wanted access to a store with fair revenue-sharing that gives us direct access to our customers,” the company’s founder and CEO Tim Sweeney told Variety. He added that they have now built such a store which will be opened up to all developers. So this isn’t just a distribution platform for Fortnite.

The 12 percent cut on sales that Epic will pocket from this store is going to replace the engine royalties that it normally charges for games developed using the Unreal Engine. Developers will be getting a better deal compared to the up to 30 percent of game revenue that Valve can charge them for listing on Steam.

Epic Games has made it clear that the online game store will be open to games developed on any engine, not just its own. Users will be required to install the Epic Games launcher in order to download and update the games bought through the store.

Filed in Gaming. Read more about . Source: twitter