Apple Appleappstore iOS Coinbase Coinbase says Apple has blocked its latest app update over NFT gas fees
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The 30% fee that Apple charges on all transactions made through apps listed on its App store has long been a point of contention for many app makers. Now, the company appears to be ramping up its efforts to increase revenue by claiming that the gas fees required to send NFTs need to be paid through their In-App Purchase system, which would allow it to collect 30% of the gas fee as well.
“The biggest impact from this policy change is on iPhone users that own NFTs - if you hold an NFT in a wallet on an iPhone, Apple just made it a lot harder to transfer that NFT to other wallets, or gift it to friends or family,” Coinbase tweeted.
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