• Apple has around 1.2 billion Iphone users globally. 
• Facebook has a 2.9 billion active users base.  

Facebook’s former director of gaming at Facebook(Meta) blamed Apple Inc for its hindrance in the crypto gaming sector. 

Owen O’Donoghue had served as the director of gaming at Facebook for around ten years earlier Owen worked with Microsoft for three years in the position of Partner Account Manager. 

Owen, the former director, believes that implementation of tighter rules fees and proliferation of interests in the management of app stores are holding back the adoption of crypto gaming as a whole.

The director believes crypto gaming as the most convenient medium to attract more users to understand the importance and possibilities of Web3. He added that iOS should lift the restriction imposed on crypto gaming because Android earlier lifted its restrictions on the regulations jamming the path of crypto gaming. 

Owen also talked about the revenue generation after upliftment of the restrictions crypto gaming will also remove the segregation and believes the specified market will earn around $153 billion. 

As per data from LinkedIN profile of Owen he have served Facebook for around eleven years and six months but worked on several positions like Client Partner and after this he became Executive of Global Gaming completing the tenure of two years and two months he was appointed as Industry Manager of Real Money gaming and left the company after serving as the director of gaming for two years. 

Owen O’Donoghue is the co-founder of Stealth Mode he joined the company in March 2022 and left the company after three months of tenure and currently he is working as co-founder and CRO with InfiniGods. 

Apple’s Recent Updates 

Apple’s App Store has seen only rising figures since 2017, with the platform generating $85.1 Billion in 2021. Recently, the company released their policies concerning crypto assets and non-fungible tokens (NFT) as people around the globe are exploring both the sectors with keen interest.

According to a CNBC report, Apple will approve crypto transactions but only in nations that allow digital asset exchanges to operate. The move indicates compliance towards increasing attempts to regulate virtual currencies around the globe, where the Securities and Exchange Commission (SEC) remains the most lethal watchdog for cryptocurrencies.

People are rapidly engaging in the crypto sector, so are the leading organisations globally. Microsoft started accepting Bitcoin primarily for Xbox and Windows stuff in 2014, but the users can purchase the majority of items through crypto assets from the company. Starbucks allows their customers to recharge their cards via virtual currencies for re-use.

As per update rule book of Apple “ If you want to unlock features or functionality within your app, (by way of example: subscriptions, in-game currencies, game levels, access to premium content, or unlocking a full version), you must use in-app purchase.” 

It further notes that Apps may not use their own mechanisms to unlock content or functionality, such as licence keys, augmented reality markers, QR codes, cryptocurrencies and cryptocurrency wallets, etc.

Nancy J. Allen

Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.