Apple made the reactionary move: NFT sales included in the cut

    The arguments that Apple ran a deduction rule for NFT sales made in applications and would not allow any outside purchases had drawn the …

    Apple made the reactionary move: NFT sales included in the cut
    The arguments that Apple ran a deduction rule for NFT sales made in applications and would not allow any outside purchases had drawn the reaction of the community. Apple didn’t mind the reactions.

    New terms for crypto currency applications

    updated App StoreAccording to the contracts, it will be done in iOS applications from now on. NFT their sales will definitely be included in the cut. Developers are not asked to put forward keys, links or other actions. Violation of this will lead to application and account deletion.

    Considering that platforms such as OpenSea only work with the board, cuts from NFT sales will affect users and the revenue will decrease. This may cause the base prices to rise even more. While the NFT community is fiercely critical of the new regulation, Apple will enforce it.

    On the other hand, it was stated that crypto money exchanges and all other platforms that trade this trade will be listed in the relevant country according to the operating license they have obtained. In general, there is no shame for local exchanges, but it is a matter of curiosity how platforms such as Binance global and OpenSea will behave.

    AUTHOR INFO
    COMMENTS

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    No comments yet, be the first by filling the form.