Apple Won’t Let NFTs Access In-App Functions, Nokia Foresees Metaverse Growth

Apple Inc has permitted non-fungible tokens (NFTs) in purposes, however barred them from accessing in-app options and content material, in line with its new pointers.

“Apps may use in-app purchase to sell and sell services related to non-fungible tokens (NFTs) such as minting, listing, and transferring. Apps may allow users to view their own NFTs, provided that NFT ownership does not unlock features or functionality within the app,” Apple stated in a press release.

The corporate stated so long as the apps do not direct customers to exterior websites or different buying choices, besides in-app gross sales, customers can browse different customers’ NFT collections.

It signifies Apple’s 30 per cent price for in-app commerce will apply for NFT transactions, method greater than 2.5 per cent transaction price levied by the

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