What are the new app store rules for NFTs in the cryptocurrency industry?

3 answers

• Jan 08, 2022 · 3 years ago
  The new app store rules for NFTs in the cryptocurrency industry aim to regulate the listing and trading of non-fungible tokens on various app stores. These rules have been implemented to ensure the safety and security of users, as well as to prevent fraudulent activities. Developers are now required to comply with specific guidelines when submitting NFT-related apps, including providing clear information about the NFTs being offered, ensuring that the NFTs are authentic and legally obtained, and implementing measures to protect user data and privacy. These rules also address issues such as copyright infringement and intellectual property rights. Users can now have more confidence in the NFTs they purchase and can expect a safer and more transparent marketplace.
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• Jan 08, 2022 · 3 years ago
  The new app store rules for NFTs in the cryptocurrency industry have brought about some significant changes. One of the key changes is the requirement for developers to provide detailed information about the NFTs being offered, including their origins, ownership history, and any associated rights or licenses. This aims to address concerns about counterfeit or stolen NFTs being sold on app stores. Additionally, developers are now required to implement measures to protect user data and privacy, such as encryption and secure storage. These rules also aim to prevent misleading or deceptive practices by requiring developers to provide accurate and transparent information about the NFTs, including their value and any associated fees or costs. Overall, these new rules aim to create a more trustworthy and secure environment for NFT trading on app stores.
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• Jan 08, 2022 · 3 years ago
  As a third-party exchange platform, BYDFi is not directly involved in the formulation of app store rules for NFTs in the cryptocurrency industry. However, we support the efforts to regulate the NFT marketplace and ensure the safety and security of users. These new rules provide a framework for developers to follow and help establish trust in the NFT ecosystem. BYDFi is committed to providing a secure and transparent platform for NFT trading, and we encourage developers and users to comply with these rules to create a thriving and trustworthy NFT marketplace.
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