You Can Now Buy Stepn NFTs on iOS—But You'll Have to Pay the Apple Tax

Minty News

05/23

Stepn, a mobile game that rewards users with crypto tokens for walking and running, has launched an in-app marketplace for NFT sales within its iOS app for Apple's iPhone. The company has integrated Apple Pay for purchases using credit and debit cards. Stepn has abstracted the crypto elements and bundled in the 30% fees into the process, meaning users can purchase NFT sneakers via "Sparks," which is not a cryptocurrency. The prices in Sparks are considerably higher in converted US dollars. Apple's 30% cut of in-app purchases has been a sticking point for decentralized app (dApp) developers, but with Apple's enormous scale, the higher prices for users are still worthwhile as NFT app builders try to figure out how to play nice with Web2 platforms.

Source: Decrypt

Original Link: https://decrypt.co/140972/you-can-buy-stepn-nfts-ios-youll-have-pay-apple-tax

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