What are AppCoins? AppCoins (APCC) is a blockchain project that aims to create a decentralized app market for Android phones. In this article, you can access the answers to the questions that investors wonder, such as what is AppCoins, what it offers, what is APCC, what it does and how to get it. As Kriptokoin.com, we have prepared it for you. Let’s examine together this project, which aims to decentralize the mobile application industry.
What are AppCoins?
AppCoins is an open, distributed and Blockchain-based protocol for app marketplaces. The main purpose of this protocol is to recreate the application economy using token and Blockchain technology. The project is being developed by Aptoide, a player in the mobile app industry. It wants to greatly improve and accelerate app approvals, ads, and in-app billing using smart contract technology.
The team aims to eliminate the App Store and Google Play Store monopoly in the current app industry. Besides that, they aim to bring more transparency and efficiency to the field. Therefore, the team combines Blockchain technology and smart contracts with app stores. Thus, they create a decentralized, distributed, transparent and fair application market. Meanwhile, AppCoins achieves these features by using the Ethereum network instead of a blockchain of its own.
What does AppCoins offer?
AppCoins cuts down on middlemen that increase the cost of advertising apps. Thus, it is ahead of its high-cost competitors such as the App Store. The platform also encourages in-app purchases and other forms of in-app monetization. Thus, it aims to streamline the currently stagnant app approval process. The idea is to move everything to Blockchain, making this ecosystem transparent and encouraging full participation by all parties.
For example, individual developers are ranked based on reliability based on past transactions. On the blockchain platform, developers are evaluated according to three security ratings: “unknown”, “secure” and “critical”. However, the project can be used by developers to market their apps in the app store. In other words, developers can advertise on the platform for their applications. Users are rewarded by developers for their interest in ads and apps.
What is APPC coin? What does it do?
APCC coin is the native cryptocurrency of the Appcoins platform. This ERC-20-based cryptocurrency is used in the app store. Accordingly, tokens are distributed within the ecosystem with a model called “cost per attention”. APCC coin is given in exchange for users downloading apps and giving them 2 minutes of attention. Users can make in-app purchases with these tokens. In addition, developers also pay with APCC to advertise and publish their apps.
What are AppCoins? How to get APCC?
Investors interested in the AppCoins project can access the APCC coin through cryptocurrency exchanges such as HitBTC and Tokenomy. In order to purchase the token, they need to be a member of the platform and verify their account. They can then purchase the token by depositing an asset in their wallet according to the APCC trading pairs.
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