Apple Faces Backlash from NFT Community Over 30 Percent App Store Fee on Digital Assets: Report

Apple is looking to charge a 30 percent fee on all NFT transactions that occur on apps available on its App Store. As per industry standards, NFT marketplace commissions are usually around 2.5 percent, compared to which Apple’s demand of a 30 or 15 percent commission comes across as overpriced.

from Meet Patel