Apple prevents cryptogaming, says Facebook’s former gaming director

Apple prevents cryptogaming, says Facebook’s former gaming director

  • Apple has around 1.2 billion iPhone users globally.
  • Facebook has a 2.9 billion active user base.

Facebook’s former gaming director at Facebook(Meta) blamed Apple Inc for their obstruction in the crypto gaming sector.

Owen O’Donoghue had served as director of games at Facebook for around ten years previously. Owen worked with Microsoft for three years in the position of Partner Account Manager.

Owen, the former director, believes that the implementation of tighter rules, fees and the spread of interests in the management of app stores are holding back the adoption of crypto games as a whole.

The director believes crypto games as the most practical medium to attract more users to understand the importance and possibilities of Web3. He added that iOS should lift the restriction imposed on crypto-gaming because Android previously lifted its restrictions on regulations blocking the path of crypto-gaming.

Owen also talked about the revenue generation after the lifting of the restrictions cryptogaming will also remove the segregation and believes the specified market will earn about 153 billion dollars.

According to the data from the LinkedIN profile of Owen, he has served Facebook for around eleven years and six months, but worked in several positions as a Client Partner, and after this he became the Executive of Global Gaming and completed the time of two years and two months was he appointed industry manager for Real Money gaming and left the company after serving as director of games for two years.

Owen O’Donoghue is the co-founder of Stealth Mode, he joined the company in March 2022 and left the company after three months of employment, and currently works as a co-founder and CRO with InfiniGods.

See also  Car hackers discover vulnerabilities that could let them hijack millions of vehicles

Apple’s App Store has seen only rising numbers since 2017, with the platform generating $85.1 billion in 2021. Recently, the company launched its guidelines regarding crypto-assets and non-fungible tokens (NFTs) as people around the world explore both sectors with eager interest.

According to a CNBC report, Apple will approve crypto transactions, but only in nations that allow the exchange of digital assets. The move indicates compliance against growing efforts to regulate virtual currencies worldwide, with the Securities and Exchange Commission (SEC) remaining the deadliest watchdog for cryptocurrencies.

People are quickly getting involved in the crypto sector, as are the leading organizations globally. Microsoft began accepting Bitcoin primarily for Xbox and Windows items in 2014, but users can purchase most items through the company’s crypto assets. Starbucks allows customers to top up their cards via virtual currencies for reuse.

According to Apple’s update rulebook “If you want to unlock features or functionality in your app (for example: subscriptions, in-game currencies, game levels, access to premium content or unlocking a full version), you must use in-app purchases.”

It further notes that apps cannot use their own mechanisms to unlock content or functionality, such as license keys, augmented reality markers, QR codes, cryptocurrencies and cryptocurrency wallets, etc.

Nancy J. Allen
Last post by Nancy J. Allen (see all)

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *