02/12/2022 Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies

The exchange said Apple is demanding it pay a 30% tax on gas fees used to transfer NFTs.

A mockup of a Coinbase NFT profile page. (Coinbase)

A mockup of a Coinbase NFT profile page (Coinbase)

Crypto exchange Coinbase (COIN) has disabled non-fungible token (NFT) transfers on its iOS wallet app because of a dispute with Apple (AAPL) over the company’s in-app purchase policy.

NBA legend Shaquille O’Neal signs $11M Astrals NFT settlement
OpenSea users drop securities suit, Whales drive Q3 NFT comeback: Nifty Newsletter
Binance NFT Marketplace : Tout ce que vous devez savoir sur son lancement!

Taking to Twitteron Thursday, Coinbase said Apple is demanding it pays its gas fees using Apple software, which would thus make those gas fees subject to Apple’s 30% app tax.

“For anyone who understands how NFTs and blockchains work, this is clearly not possible,” Coinbase said. “Apple’s proprietary In-App Purchase system does not support crypto, so we couldn’t comply even if we tried.”

The dispute is the latest in a months-long saga between Apple and the NFT community. In October, Appleofficially refusedto exempt NFT trading from its 30% App Store fee, a policy that has kept marketplaces like OpenSea from offering NFT trading within its mobile app.

Apple didn't respond to a request for comment.

“When someone imposes rules that can’t be followed, you should ask why,” Coinbase Chief Legal Officer Paul Greweltweetedin response to the decision.

Coinbase’s Apple feud comes as new Twitter owner Elon Musk questions the same 30% in-app fee policy and as Musk claims that Apple has threatened to remove Twitter from its app store.

Arts

https://www.coindesk.com/web3/2022/12/01/coinbase-disables-mobile-nft-trading-citing-apples-app-store-policies/

Interesting NFTs
Discord Assembly
Discord logo factory. 3D animation, 10-second loop, 30 fps. Created using Cinema4D, X-Particles, Octane, and After Effects. Originally posted on TikTok (@jigpx) on 2/20/21. 47.5m+ views, 3.2m+ likes (as of 4/22/21).
Gen 1 - Mutation - Persian
Good day! I'm Gen 1 - Mutation - Persian. In high school, I was voted most likely to work at NASA. Some people say I'm the Dwight Schrute of the group. This will be an amewsing friendship.
Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji
Katsushika Hokusai (1760-1849) Various people climbing the mountain, from the series Thirty-six Views of Mt. Fuji 1833 - Japan
Auto-Erotic Sphinx with Toys
In this image, a giant sphinx spoons itself in erotic play within an aquatic styled environment littered by various denizens. These creatures include symbols and archetypes both current and nostalgic–each inhabiting a rootedness within mass cultural adolescence. Among the roster are Servbots, video game inspired mushrooms, a Pacman-like creature, a distant sea faring rubber duck, creatures sporting the symbols reminiscent of popular anime, and a Pokemon-like rabbit (a novel incarnation of Ganesha indicated by the Shiva trident on its nose). In addition, a few sea creatures partly inspired by sea monsters of western antiquity conglomerate along the mid left side of the composition. The Sphinx itself is an amalgam of aquatic, fetishist, ancient Egyptian, and 80’s style adornments, both living, as in a clown fish, or material, such as a cassette tape. Nautically colored antennae receive somatic signals from the atmosphere, perhaps from the 8 Ball moon or giant ringed planet beyond.
No Future #2/15
None.