05 Feb '13, 3pm

Amazon's first step toward adopting its own answer to Bitcoin.

Amazon's first step toward adopting its own answer to Bitcoin.

Today we announced the upcoming launch of Amazon Coins, a new virtual currency for U.S. customers to purchase apps, games, and in-app items on Kindle Fire. When Amazon Coins launches in May, we will be giving out tens of millions of dollars worth of Coins to customers to spend on Kindle Fire apps, games, or in-app items. For customers, it's an easy way to spend money on Kindle Fire apps and games. They'll be able to purchase as they do now, but with the ability to choose to pay with a credit card or using Coins. For you, it's another opportunity to drive traffic, downloads, and increased monetization. Plus, there's no integration required--you'll get paid the same 70% revenue share whether the customer chooses to use Coins or their own money. To take advantage of this unique opportunity, you only need to do one thing: make sure your new apps and app updates are submitted a...

Full article: http://www.amazonappstoredev.com/2013/02/introducing-amaz...

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Amazon Launches Amazon Coins In Its First Move Into Virtual Currency, Targets Apps And Games On Kindle Fire #bitcoin

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