Apple is known to take advantage of it’s power positioning in the mobile software world. However, Apple has been quietly restrictive with limited public-facing perspective around blockchain-related technology including crypto and NFTs. The NFT momentum has changed that in recent months, despite a broad crypto bear market, and has led Apple to include policy changes to address NFTs directly – and those changes aren’t especially NFT-friendly.
Apples Policy Additions… Restrictions May Apply
Speculation began in late September that the dominant tech company was opening its doors to NFT-based apps in the App Store. That led to mixed reviews: it’s undoubtedly positive for NFT enthusiasts to see major tech companies addressing them, but Apples exorbitant ~30% fee was largely believed within NFT communities to be unsustainable, undesirable and unreasonable.
Now that official policy changes are coming…
