Technology giant Apple has clarified the App Store rules regarding NFTs and crypto exchanges with its latest update.
Now available on NFT platforms, according to the update to the App Store instructions on October 24. in-app purchases will be allowed. But NFTs from an external source cannot be used for anything other than viewing. App Store, apps creating, listing and transfer in sales services related to NFTs such as use in-app purchases will allow.
Emphasizing that all NFT sales and purchase transactions should be done within the application, the company has adopted the standard applied in all purchases from these transactions. 30% commission will continue to receive.
With such large company integrations, NFT trade volumes have increased in recent months. With diversifying market opportunities, NFT manufacturers are trying to be more creative in how they market their products. Adding additional features, in some cases a way to increase demand seen as.
Apple, on the other hand, applied in sales 30% of due to commission fee in the focus of criticism arrows is located. At this point OpenSea or Magic Eden NFT marketplaces such as 2-5% commission is known to have. In other words, while a user can buy the same NFT from existing markets by paying much less commission, the discussions on “why would they prefer the App Store” continue.