It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Amazon introduces virtual currency Amazon introduces virtual currency
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Amazon introduces virtual currency
Thread Tools
Old 7th February 2013, 06:23   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 144,333
Stefan Mileschin Freshly Registered
Default Amazon introduces virtual currency

Amazon is bringing in virtual currency that can be used for purchases on the Kindle Fire tablet.

Apparently the idea is to encourage more developers to create programs for the device.

From May, US customers can use Amazon Coins to buy applications and virtual merchandise sold within games.

The company will "print" "tens of millions of dollars" worth of the currency, which will be accepted in the Amazon app store.

It is seen as a cunning plan to get users to play with Fire apps and encourage more developers to write apps for it. Amazon's market share of the tablet market has slipped to 12 percent from 16 percent.

Under the virtual money, plan developers will continue to get the 70 percent revenue share from purchases made with the coins. After the coin giveaway ends, customers will be able to buy the tokens using Amazon accounts, the company announced.

"Amazon Coins is an easy way for Kindle Fire customers to spend money in the Amazon Appstore, offering app and game developers another substantial opportunity to drive traffic, downloads and increase monetisation," the company said in a statement.

Amazon has already released tools that let developers add more features to games for its tablet, including tracking high scores and monitoring awards won during play.

The online bookseller has a long way to go before it catches up with Apple and Android. Amazon currently has more than 68,000 apps in its store, compared with 4,000 when the store debuted in March 2011, the company said. Google and Apple have about 700,000 apps apiece in their stores.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Royal Canadian Mint aims to kickstart digital currency with MintChip developer chal. Stefan Mileschin WebNews 0 6th April 2012 06:48
EVE Online Players Can Use In-Game Currency to Pay For Graphics Cards Stefan Mileschin WebNews 0 28th March 2012 07:37
Genius Introduces the Cavimanus Virtual 7.1 Channel Gaming Headset Stefan Mileschin WebNews 0 16th February 2012 06:41
Canada Starting to Switch Over to Plastic Currency Stefan Mileschin WebNews 0 14th November 2011 07:21
SuperTalent Introduces USB 3.0 Virtual PC jmke WebNews 0 2nd December 2010 12:28
LT introduces Virtual Remote Sensing geoffrey Hardware Overclocking and Case Modding 0 3rd August 2010 12:55
Vuzix Introduces iWear® VR920, Fully Immersive Virtual Reality Video Eyewear jmke WebNews 0 11th September 2007 19:44
How Much Virtual Memory is Enough? jmke WebNews 0 30th August 2006 10:43
Virtual machine shootout: Virtual PC vs. VMware jmke WebNews 0 2nd August 2004 11:35

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 03:11.

Powered by vBulletin® - Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO