What Epic vs. Apple Means for Crypto

Read the full article by Daniel Kuhn

The metaverse doesn’t need the support of Big Tech.

Epic Games, developers of the Unreal Engine, have been locked in a tense legal battle with Apple over what they call “anti-competitive practices” due to Apple’s requirement of all in-app purchases to be passed through them. “U.S. District Judge Yvonne Gonzalez Rogers of the Northern District of California issued a permanent injunction Friday loosening this restriction: Apple must now give users the choice to buy digital goods on the App Store or exit the app to buy directly from developers on the web, though the 30% fee remains.” This revelation has had many within the Crypto industry wondering if it is only a matter of time before NFT’s are allowed to be help on an iPhone wallet, but this may not be a reality for some time. Due to a line within the ruling making mention of “Although users can be “steered” toward other payment options, it appears that all goods that are sold must also be offered by Apple. That means goods on the forefront of cultural acceptance – like non-fungible tokens (NFTs) – are still in a gray area for iOS users.” So while Fortnite players can rejoice on the news, NFT holders will have to wait sometime to show off their Board Apes on an iPhone wallet.