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Popular NFT and cryptocurrency app Coinbase Wallet today said that Apple required an NFT-sending feature to be removed from the app due to an in-app purchase dispute. Apple's App Store review team apparently told Coinbase that the "gas fees required to send NFTs need to be paid through in-app purchase."

coinbase-wallet-app.jpg

Apple wanted a cut of transactions, which Coinbase Wallet said is similar to Apple attempting to take a cut of fees for every email that's sent over the internet. Apple is asking for something that is not possible, because the in-app purchase system does not support cryptocurrency to begin with.


Coinbase Wallet says that Apple would not approve an app update until the NFT-sending feature was disabled, and the removal of the functionality will make it more difficult for iPhone users who have an NFT to transfer the NFT to other wallets or gift an NFT to friends or family.


The developers behind the app say that Apple has introduced profit-protecting policies that come at the expense of "developer innovation across the crypto ecosystem." Coinbase Wallet is hoping that this is a mistake and has tweeted an invitation to Apple to discuss the matter.

Article Link: Apple Blocks Coinbase Wallet App From Sending NFTs Because of In-App Purchase Dispute
 

Spaceboi Scaphandre

macrumors 65816
Jun 8, 2022
1,120
3,007
You know me, I absolutely hate app review and the App Store and am of the firm belief iOS/iPadOS needs third party app stores and the ability to freely install software like the Mac can, much to the disapproval of other members of this forum.

However in this instance...get smoked Coinbase lmaoooooo. *$&# crypto, and especially *$&# that Buy a Star scam known as NFTs. NFTs made getting a RTX 30 series GPU an absolute nightmare for me.
 

Macmanrules

macrumors newbie
Oct 14, 2021
23
16
Um, wtf…this is getting out of hand. 30% apple tax, 35% federal tax on what’s remaining, 10% state tax on that…omg. Wft is going on with this world. Everyone want to put their hands in your pocket. It’s theft, steal from the poor to give to the rich.
 
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nikhsub1

macrumors 68020
Jun 19, 2007
2,426
2,102
mmmm... jessica.'s beer...
No it isn't.

A bank transfer isn't a purchase.

And banks police money laundering and suspect transfers themselves.
Actually, it is. If I want to send you an NFT that I have in my wallet, apple wants 30% of the Gas fee (transaction fee, like a wire fee etc) that I have to pay to send you the NFT. So it would be like apple saying they want 30% of my Chase wire fee. Make NO SENSE.
 

deputy_doofy

macrumors 65816
Sep 11, 2002
1,440
345
Actually, it is. If I want to send you an NFT that I have in my wallet, apple wants 30% of the Gas fee (transaction fee, like a wire fee etc) that I have to pay to send you the NFT. So it would be like apple saying they want 30% of my Chase wire fee. Make NO SENSE.
These people are too busy lumping crypto with "crime and drugs" to actually understand even the basics of blockchain tech. So thankful the dollar was never used for crime and drugs. lol

As a side note, I think NFTs are awful. Crypto, in general, still has a long way to go.
 
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Porco

macrumors 68040
Mar 28, 2005
3,264
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I once thought I bought a unique digital piece of art, but it turned out to be this really boring rodent who thought it had written The Lord of the Rings. It was a non-fun gerbil Tolkien.
 

ponzicoinbro

macrumors 65816
Aug 5, 2021
1,031
2,005
Actually, it is. If I want to send you an NFT that I have in my wallet, apple wants 30% of the Gas fee (transaction fee, like a wire fee etc) that I have to pay to send you the NFT. So it would be like apple saying they want 30% of my Chase wire fee. Make NO SENSE.

That has nothing to do with a bank analogy.

An NFT is an in app purchase. It's not money.

And they are all crimes and scams so don't defend this garbage that has caused so many losses for dupes and has laundered so much money for criminals.
 

nikhsub1

macrumors 68020
Jun 19, 2007
2,426
2,102
mmmm... jessica.'s beer...
That has nothing to do with a bank analogy.

An NFT is an in app purchase. It's not money.

And they are all crimes and scams so don't defend this garbage that has caused so many losses for dupes and has laundered so much money for criminals.
Dude, get over the in app purchase, THIS IS IF I ALREADY OWN THE NFT AND WANT TO SEND IT TO YOU. This is NOT about in app purchases but about sending an NFT you already own to someone else.
 

Chinch07

macrumors member
Nov 9, 2017
46
111
People on eBay sell physical goods, which are different than digital/virtual goods. I am not sure what aspect of that you find confusing.
I’ve purchased digital goods on eBay. Video game download codes for example. You purchase via eBay and then the seller eBay messages you the code.
 
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Coreymac84

macrumors regular
Jul 9, 2020
165
341
As silly as NFT’s have been as a whole I can’t say I agree with this. How is this any different than using the eBay app to purchase items or bank transferring? Coinbase is a financial establishment, people aren’t buying tokens on a marketplace for the actual app e.g. candy crush. You’re just taking peoples investments at this point. There needs to be limits to this. Whether you think NFT’s are stupid or not should not be the point here. Apple is not always correct, it’s okay to not agree with them.
 
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