NFT startups shun Apple App Store due to high commission, tough rules

San Francisco, Non-fungible token (NFT) trading startups do not want to sell their offerings through Apple App Store because 30 per cent commission on in-app purchases, and other tough rules, will bleed them out.

According to a report in The Information, Apple is insisting that its regular 30 per cent commission from in-app purchases should also be paid on all trades.