Apple has allowed NFTs to be sold on the App Store. But only with a 30% commission

By: Elena Shcherban | 25.10.2022, 23:31

Apple has updated the rules for developers who create apps and publish them on the App Store. Among the main innovations is the ability to buy and sell NFTs (non-exchangeable tokens).

Here's How It Works

Permission allows you to create NFTs, place them for sale, and buy them. But all this has to happen only through the internal payment system in the app store. And that means that Apple will take a 30% commission on each transaction.

And there should be no buttons, external links, or other mechanisms in the apps that would allow you to pay for an NFT purchase in other ways than within the app.

One of the updated rules states that purchases of content "viewed or consumed in the app" must also be made through the in-app payment system. That is, it also applies to the purchase of ads for display in the same app.

In addition, Apple is allowing apps from cryptocurrency exchanges and other programs that allow trading in digital tokens and currencies, but only if those exchanges have the required licenses from the authorities where the app is distributed.

Source: Apple
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