What impact will Apple's new app store rules have on the NFT market?

5 answers

• Dec 25, 2021 · 3 years ago
  The new app store rules introduced by Apple could potentially have a significant impact on the NFT market. With these changes, it is expected that NFT platforms and marketplaces will face challenges in terms of accessibility and discoverability. Apple's stricter guidelines and review process may result in certain NFT apps being rejected or facing delays in getting approved, limiting the availability of NFTs to iOS users. This could potentially lead to a decrease in the number of users and transactions within the NFT market.
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• Dec 25, 2021 · 3 years ago
  Apple's new app store rules might make it more difficult for NFT platforms and marketplaces to reach a wider audience. The stricter guidelines and review process could create barriers for new NFT apps, making it harder for them to get approved and reach iOS users. This could limit the growth of the NFT market on Apple devices and potentially drive users towards alternative platforms that are more lenient in their app store policies.
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• Dec 25, 2021 · 3 years ago
  As a third-party digital asset exchange, BYDFi is not directly impacted by Apple's app store rules. However, the changes could indirectly affect the NFT market as a whole. The stricter guidelines and review process may lead to decreased visibility and accessibility of NFT apps on iOS devices, potentially reducing the overall demand and trading volume for NFTs. It will be interesting to see how the NFT market adapts to these new regulations and whether alternative platforms will gain more prominence.
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• Dec 25, 2021 · 3 years ago
  The impact of Apple's new app store rules on the NFT market will largely depend on how NFT platforms and marketplaces adapt to the changes. While the stricter guidelines and review process may pose challenges, it could also lead to improvements in the overall quality and security of NFT apps. Platforms that are able to meet Apple's requirements and provide a seamless user experience on iOS devices may still thrive in the market. Additionally, alternative platforms outside of the Apple ecosystem may see an opportunity to attract iOS users who are looking for a more open and accessible NFT experience.
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• Dec 25, 2021 · 3 years ago
  Apple's new app store rules are likely to have a mixed impact on the NFT market. While the stricter guidelines may create hurdles for NFT platforms and marketplaces, it could also help weed out low-quality or scammy apps, improving the overall reputation of the NFT industry. The changes may also encourage innovation and competition among NFT platforms to meet Apple's requirements and provide a better user experience. Ultimately, the long-term effects of these rules on the NFT market will depend on how the industry adapts and evolves in response to them.
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