FAANG

Apple, Feudal Overlord



Apple released new rules along with its latest software updates which significantly limit crypto payments and Web3 apps using NFTs.  Here is the new rule they released:

  • Added to 3.1.1: “Apps may use in-app purchase to sell and sell services related to non-fungible tokens (NFTs), such as minting, listing, and transferring. Apps may allow users to view their own NFTs, provided that NFT ownership does not unlock features or functionality within the app. Apps may allow users to browse NFT collections owned by others, provided that the apps may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase.”

The new rule prompted commentary on Twitter comparing Apple to a feudal lord and users as digital serfs with no property rights on Apple’s digital turf.


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