4min chapter

Vaulted by PROOF cover image

100 PROOF: NFtstatistics Floor Strategy, Christie's On-Chain Auction House, And Apple's 30% Cut

Vaulted by PROOF

CHAPTER

The 30% Apple Revenue Split Is Inequitable

There's been a lot of, you know, vocal dissent against how much the rake is over at Apple for transactions that happen within their marketplace. And so it's again, another situation where the traditional business model and the things that they can do in order to like throttle innovation doesn't exist anymore. The asset layer has been unbundled from the UI layer in large part. So I suspect that that number will trend to zero over time if I'm Apple.

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