Apple to Allow 3rd-Party App Stores in windfall For Nfts and Crypto, No more 30% Commission to Apple

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New EU laws are forcing Apple to allow alternative marketplaces and app stores and even apps without the need of having to go through its own App Store. This is huge for the crypto world and any aspiring Apple IOS crypto dapp developers. Anyone who has looked into IOS crypto development and any IOS developer as well has probably heard of the famous apple 30% commission they take whenever any transactions are made through their app store. The European Union has decided to make a law that requires Apple to allow third-party apps to be allowed on Apple devices. This will allow crypto app developers and any other developer to not have to worry about the 30% fee charged by Apple. Crypto Wallets with built-in NFT features no longer have to worry about Apple's strange decision to not allow NFT wallets if they did not pay the 30% on gas fees. Developers will now be free to develop and have their apps posted in marketplaces that do not require any 30% commission fees. These changes to Apple’s private and closed ecosystem, for now, are applying only within the EU, and other regions would also need to pass similar types of laws such as the one referred to as the proposed Open App Markets Act in the U.S. Congress from Senators Marsha Blackburn and Richard Blumenthal. This is being passed into law to protect from Apple monopolizing!




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Tags:
Crypto
Apple
EU
Monopolies
monopoly