Becoming a bridge between Web2 and Web3
The fitness app “STEPN” announced on the 22nd that it supports Apple’s payment service “Apple Pay”.
Stepn Integrates Apple Pay 🍎
We are thrilled to announce that #STEPN is the first blockchain gaming app to secure a landmark integration with Apple Pay, breaking down the barrier to entry for Web3 💫
How it works ⤵️ [1/6] pic.twitter.com/wCeVzjLoHE
— STEPN | Public Beta Phase VI (@Stepnofficial) May 22, 2023
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Users can now use Apple Pay to purchase Stepn products directly within the app. Apple has previously imposed strict rules on cryptocurrency apps, and Stepn said this move “is a significant step forward for the Web3 ecosystem as a whole.”
With support for Apple Pay, users no longer necessarily need to use virtual currency wallets. STEPN hopes that by simplifying the payment process, it will be able to lower the barriers to entry for Web3.
As for the specific payment method, the user first registers his credit card or debit card with Apple Pay. After that, instead of purchasing STEPN products, I buy points called “SPARK”.
And this point can be used as “1 SPARK = 0.1 dollar (10 SPARK = 1 dollar)”, and users can use SPARK to purchase STEPN products.
Yawn Rong, co-founder of STEPN operator Find Satoshi Lab, commented in the announcement:
Being able to use Apple Pay will lead to the acquisition of new users. We would like to become a bridge with Web2 and spread Web3 to general consumers.
We appreciate Apple’s support.
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STEPN said in its announcement that it is the first blockchain game to support Apple Pay. Note that this feature is only available on Apple devices.
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Apple’s past response
Apple was widely viewed as imposing strict rules on cryptocurrency apps. For example, in December last year, Coinbase was requested by Apple Inc. to collect a 30% fee through in-app purchases from the gas fee (transaction fee) for exchanging NFTs (non-fungible tokens). I understand.
At this time, Coinbase announced that it had disabled the sending of NFTs in the coinbase wallet for Apple’s iOS version. It also states that it is impossible to incorporate this function due to the mechanism of NFT and blockchain.
connection: US Apple requests coinbase wallet to stop NFT transmission function
Recently, however, things have begun to change. After Coinbase’s announcement, it was reported the same month that Apple was planning to allow external app stores to comply with legislation enacted in the European Union (EU).
Last month, the U.S. Court of Appeals (High Court) ruled that the act of restricting users from being directed to external payment systems on the App Store violates California’s Unfair Competition Prevention Act (UCL). bottom.
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And this month, it was also revealed that the iOS version of the blockchain game “Axie Infinity: Origins” was listed in some regional App Stores. This release marks Apple’s first attempt to allow the use of externally purchased NFTs.
connection: Apple App Store’s first attempt, Axie Infinity leverages external NFTs on iOS
What are NFTs?
Abbreviation for “Non-Fungible Token”, a digital token that cannot be replaced and has a unique value. The technology is widely used in games, music, art works, and various certificates.