NFT marketplaces allegedly do not support Apple’s App Store due to high commission rates.
Based on data from The Information’s recent research report NFT marketplace applications Apple’s app store App Store to work with does not take kindly to. Research is the biggest reason why app developers don’t prefer Apple. high commission rates revealed that.
US-based technology giant Apple, NFT sale in-app purchase only Allows via in-app purchases 30% like a high commission. The report points out that high commission rates are why popular NFT marketplaces do not favor Apple.
The most striking example in the report on the subject was Magic Eden’s withdrawal of its services from the App Store after learning about Apple’s commission policy. Magic Eden later 15% The commission did not change its decision despite the offer. NFT platforms are generally 2 or 3% Apple’s commission policy entrepreneurs when receiving a commission forcing to harm looks like.
On the other hand, Apple in-app purchases Ethereum and Bitcoin including popular cryptocurrencies such as does not allow the use of any cryptocurrencies. Therefore, the collections of NFT marketplaces in fiat currencies It needs to be put up for sale. This is also included in the report as one of Apple’s disadvantages.