Transparency

One of the App Store Foundation's goal is to make AppCoins available for everyone, and that's why users that don't own APPC can make payments with credit cards.

Below you can see a live log of express conversion exchange transactions. Every time a user makes an in-app purchase with a credit card, we will convert the fiat currency into APPC via Binance.com (Conversion). Those APPC will then be transferred to the BDS account (Withdrawal). You can see all of these transactions in this page.

Time APPC Bought ETH Cost Exchange Rate
2018-Dec-14 04:04pm 281 0.1151439 0.00041
2018-Dec-14 08:44am 28 0.0119028 0.000425
2018-Dec-14 07:03am 26 0.0110526 0.000425
2018-Dec-14 07:01am 26 0.0110526 0.000425
2018-Dec-14 06:59am 26 0.0110526 0.000425
2018-Dec-14 06:54am 26 0.01105 0.000425
2018-Dec-14 06:31am 28 0.0119028 0.000425
2018-Dec-14 06:17am 28 0.0118412 0.000423
2018-Dec-14 02:09am 28 0.0118048 0.000422
2018-Dec-14 02:04am 28 0.0118048 0.000422

From October 1st, the App Store Foundation has an Incentives Program available for developers that integrate APPC billing system. With a 10,000 APPC reward at the moment of integrating and a weekly reward of 125,000 APPC, it’s a great opportunity for developers to see the advantages of distributing and monetizing apps through blockchain technology.