AppCoins is a protocol designed to revolutionize the App Economy supported by the Aptoide App Store, and the first ICO serving 200 million users with the goal of creating a trustworthy and open economy for app stores without intermediaries.
The protocol is an open and distributed platform for app stores based on the Ethereum Blockchain, using the ERC20 standard. It proposes to move to the blockchain three of the most critical flows of app stores: advertising, in-app purchases and developer’s approval. By redesigning the transactions inside an app store, it creates efficiencies by disintermediation and redistributes the value released in a way that creates incentives for the AppCoins supported stores dissemination. A cryptocurrency will be designed to enable transactions based on the AppCoins protocol: AppCoin Tokens.
AppCoins provides developers a transparent and efficient way to monetize their apps and build a reputation across app stores; provides users a trusted environment with new purchasing possibilities and incentives to discover apps; and creates an app economy with a new universal language that ensures trust, transparency, and openness.