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.

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
The Pixel
The Pixel is a single pixel statement. It is created to validate. The Pixel is a digitally native artwork visually represented by a single pixel (1x1). It is a token that signs the most basic unit of a digital image in a traditional global auction house. It is a tiny mark to carry digitally native art to a potential future history.
Nyan Cat
Nyan Cat is the name of an animation uploaded on April 2 2011, and became a viral internet sensation. The design of Nyan Cat was inspired by my cat Marty, who crossed the Rainbow Bridge but lives on in spirit. I am the original artist behind the iconic GIF and have remastered the image for its 10 year anniversary. Owning this piece grants the following stats: Charisma +10 Luck +10 Happiness +15 ________________ 1400x1400 - 12 Frames
Who is Satoshi Nakamoto?
"Who is Satoshi Nakamoto?" is dedicated to the mysterious creation of Bitcoin, and acts as the showcase artwork within Javier Arrés’ exploratory series "Bitcoin, The Origin". "Who is the creator of Bitcoin?" The artist, Arrés, explores this question, and the feelings of doubt and mystery that accompany it, through his unique artistic language. An unknown, an enigma. It should be remembered that the name Satoshi Nakamoto is a pseudonym of Bitcoin's author or authors and gives us little insight into its true creator. For this Visual Toy, Arrés uses the signature claw machine, his famous half-operation, to symbolize our collective ignorance and unconfirmed belief: As soon as it has the stuffed animal within its grasp and appears to have solved the puzzle, the animal escapes again, and again. At present, there are three more public and studied possibilities who are either believed to be the creators of the currency or who directly claim the creation of it. It may be all or none of them, yet these three personalities leave us clues which are an important part of this interesting enigma. For this moment, it will remain unknown... In this artwork, Arrés elevates the claw machine from the apparatus, to an iconic pop art object serving as an important element to the Bitcoin creation narrative. Action is everywhere, with each movement serving an iconographical or metaphorical purpose related directly to cryptocurrency: Various ups and downs, roller coasters, mining points, robot, coins and more speak to a sense of hope, risk, mystery, randomness and possibility of pay out. Hundreds of manically thought out details make this creation one of the artist’s most complex Visual Toys to date. ------- "Bitcoin, The Origin" is a set of two Visual Toys, titled "Who is Satoshi Nakamoto" and "It’s Alive!" which reflect and explore the mystery and enigmas behind the creation of Bitcoin. Arrés presents these proposals to us in his signature style, full of iconography, fantasy, maniacal animations and a panoply of details (both subtle and overt) which simultaneously fascinate, hypnotize, and narrate this historical milestone through the singular vision of the artist. Through this series, Arrés freezes a crucial moment of cryptocurrency history, taking a still photo under his vision and turning it into two unique crypto artworks. ---- More info about Javier Arrés: https://javierarres.com/about.html
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By OthersideDeployer
Willy Wonky
Hi-ya! My name's Willy Wonky. I once peed on Amelia Earhart's cat. They had it coming. My secret indulgence is cereal. Can't wait to eat apple pie with you!