Connect with us

Hi, what are you looking for?

Technology

Apple allows NFT app Sticky to return following update

Apple has allowed NFT app Sticky back onto its App Store, following an update that allows users to export their collectibles to a public blockchain.

As reported by TechCrunch,

Lammiman created the mobile-native “NFT” marketplace app Sticky, which had been live on the App Store for several months before Apple removed it. During this time, Apple approved over half a dozen updates to the app that used the term “NFT” in the same manner that ultimately led to the app’s removal. But Apple eventually told Sticky that it was misleading to use the term “NFT” for digital collectibles than weren’t minted to a public blockchain. It did not give Sticky time to make changes to the app before pulling it down, Lammiman said.

The report comes in the context of Apple’s lack of official guidelines around the use of NFTs on iOS, which the report says “has made it hard for app developers to know where the line is in terms of what’s permitted and what’s not,” citing apps like OpenSea and Rarible that have been permitted for use browsing and viewing NFTs, but not buying or selling.

The report notes that Sticky “had been operating in a hazy area” because it uses a private, proprietary ledger. Describing its NFTs as “collectibles” but not “securities, convertible currencies, or investments,” Sticky’s “NFTs” aren’t minted to the public blockchain, which Apple had previously decided is misleading enough to not have Sticky available on its App Store. Sticky even allowed users to mint NFTs on Sticky’s ledger, but they could only be sold within Sticky. Transactions were made using “StickyCoin”, not a cryptocurrency, but a virtual one bought using in-app purchases. The developer says they were just trying to play by Apple’s rules:

“Apple has several restrictions on cryptocurrency apps,” he said. “Although none of the rules appear to explicitly forbid offering an in-app currency that is also a cryptocurrency, we thought it would be best to avoid that issue, so StickyCoins are just a regular in-app currency.”

The report goes on to note that many users agreed with the sentiment, citing reviews labeling the app as misleading.

After its removal, Sticky submitted an update that would let users export their NFTs to a public blockchain, which appears to have been enough to appease Apple. The app returned to the App Store on April 7.

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.7”;
js.defer = 1;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

Advertisement. Scroll to continue reading.

var fbAsyncInitOrg = window.fbAsyncInit;
window.fbAsyncInit = function() {
if(typeof(fbAsyncInitOrg)==’function’) fbAsyncInitOrg();
FB.init({
appId: “291830964262722”,
xfbml: true,
version : ‘v2.7’
});

FB.Event.subscribe('xfbml.ready', function(msg) {   // Log all the ready events so we can deal with them later
  var events = fbroot.data('ready-events');
  if( typeof(events) === 'undefined') events = [];
  events.push(msg);
  fbroot.data('ready-events',events);
});

var fbroot = $('#fb-root').trigger('facebook:init');

};

Click to comment

Leave a Reply

Latest

Loan And Finance

NIG – Create the right soulutions for your clients – MPU live 24 May 2022 Source link

Top Stories

Crypto derivatives exchange and nonfungible token (NFT) platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans...

Loan And Finance

MS&AD Insurance Group Holdings, the parent firm of MS Amlin, has revealed its business results for the year ended March 31, 2022....

Top Stories

It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The...

Online Business Success

International Monetary Fund — Reuters KARACHI: Pakistan and the IMF are likely to go above and beyond to complete the seventh review under the...

Top Stories

Bitcoin (BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close. Still heavily tied...

Advertisement

You May Also Like

Uncategorized

Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...

Advertisement