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This Week in the Metaverse: Apple's App store crypto & NFT rules, Umbro sprints into web3

10/25/2022

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Umbro enters web3 space with jersey-themed NFTsAthletic equipment company Umbro has kicked off its first-ever web3 campaign by launching a series of NFTs, which it describes as “smart digital collectibles.” The series, called the “Nations Collection by Umbro,” features designs modeled off football (soccer) jerseys from around the world. Umbro's new NFT collection arrives shortly before the 2022 FIFA World Cup, which starts in Qatar next month. It also arrives at a time when a growing number of sports organizations - including, recently, Football Club Barcelona - have been launching their own web3 campaigns. 

Apple clarifies App Store rules for crypto and NFTs
In an updated set of rules published Monday, the tech giant firmly established that apps using the App Store can offer crypto services through licensed exchange platforms, but only in jurisdictions where those platforms have legal authority to operate.
The updated rules also mentioned that apps can sell NFTs through - and only through - in-app purchases. As a result, some apps that sell NFTs operating in Apple’s App Store will be subjected to the much-debated 30% fee on in-app purchases that the tech giant collects from developers who make at least $1mn per year through the App Store.

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  • Home
  • News
  • ShortListed Companies
    • Nomination: AI Use Cases
    • Nominations
      • Top Global Event
      • Top Metaverse Platform & Virtual World
      • Top VC or Accelerator
      • Top Blockchain Developer Services Provider
      • Most Impactful Marketing Advertising Campaign
      • Most-promising Corporate VC Investment
      • Top Corporate Partnership
      • Top Legal Firm for Metaverse/Web 3.0 businesses
      • Top Avatar Design Company
      • Top Digital Twin Initiative Enterprise
      • Top Digital Twin Initiative Consumer
      • Top Cloud, Enterprise or Technology Partner
      • Top Partner for establishing early-stage presence in Metaverse
      • Most Innovative NFT Project
      • Top 3D Design Firm for Metaverse
      • Top Fashion Brand Initiative
      • Top Consumer Experience & Entertainment
      • Top Sports Brand Initiative
      • Top Enterprise Productivity initiative
      • Top Digital Payments platform
      • Most Exciting Scale-up Company
      • Top XR AR VR Firm
      • Most Exciting Hardware for Metaverse/Web3
      • Most Promising Haptics Initiative
  • 2023 Summit & Awards
    • VIP Jury
    • Agenda
    • Venue
      • Hotel Reservation
    • Tickets
      • Pay via Credit Card
  • Exhibitors
  • Contact
    • Sponsorship Options
    • FAQs
    • Brella Event App & Networking
    • 2022 Event
      • VIP Jury
      • Agenda 2022
      • Photos 2022
      • Videos 2022