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MetaMask Co-Founder Willing To Quit Apple Because Of 30% Tax On NFT Transactions

December 3, 2022
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There are growing objections to the application of a 30% fee on NFT transactions on Apple. After blocking Coinbase Wallet, the co-founder of MetaMask also announced that he may abandon the Apple ecosystem entirely.
metamask

in a recent tweet, Dan Finlay, co-founder of MetaMask, expressed support for the crypto industry to abandon the Apple ecosystem entirely in a tweet and said that 30% tax on transactions NFT in the app is “exclusive abuse”.

Oh I'll absolutely stand in solidarity here, I assume MM and every other wallet is next. I'm ready to dump the Apple ecosystem. The 30% tax is an abuse of monopoly. @tim_cook has donned the Big Brother screen. https://t.co/tzcA0Ol658

— Dan Finlay 🦊💙 (@danfinlay) December 1, 2022

Dan Finlay calls for a united front in the crypto industry, or MetaMask and every other wallet will be affected. Dan Finlay said that for now, Metamask is still listed on the App Store but will be closely monitoring the situation in the coming weeks and months to ensure that users continue to have unrestricted access to their crypto assets. surname.

coinbase

As updated in an earlier Coincu News article, Coinbase said Apple blocked the release of their app update, which prevented users from sending NFTs using Coinbase Wallet iOS. Apple says the gas fees needed to send NFTs need to be paid through their in-app purchase system so they can charge a 30% gas fee.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Tags: # Cryptocurrencies#MarketsAppleapple block coinbase walletBlockchainCoinbase walletcryptoMetaMaskNFTnft feeNFT Tax
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