Come May, Kindle Fires users can pocket virtual coins to spend on their favorite apps.
Announced today, Amazon Coins is a new type of virtual currency developed by the retail giant. The coins will be used to purchase Kindle Fire games, apps, and in-app items from the Amazon Appstore.
To kick off the currency in May, Amazon will offer shoppers tens of millions of dollars of free Amazon Coins to spend on Kindle Fire apps. The company will also let customers buy more coins directly through their Amazon accounts.
Amazon sees the currency as a boon for developers, as it will offer people an easy way to spend money on apps and in-app purchases. Developers will also get their standard 70 percent revenue cut.
Developers with existing Kindle Fire apps don't need to do anything to take advantage of Amazon Coins, according to the company. But those looking to submit their apps will need to act fast. Only apps submitted and approved by April 25 will be ready when Kindle Fire users are showered with their free coins to spend online.
"Developers continue to report higher conversion rates on Amazon compared to other platforms," Paul Ryder, Amazon's vice president of apps and games, said in a statement. "Now we have another new way to help developers reach even more of our millions of customers."
App developers can find out more at the Amazon Coins FAQ page.
Related stories from CNET: Amazon's Kindle Fire HD joins 'Retina' ranks Amazon Kindle Fire gains Web usage market share on iPad loss Prizefight: Google Nexus 7 vs. Amazon Kindle Fire
Blog List
-
Kaley Cuoco Shows Off Fit Physique In Skin-Revealing Yoga Outfit - By Suzy Byrne Kaley Cuoco leaving yoga class in L.A. on Monday. (X17online.com)Kaley Cuoco gave new meaning to hot yoga on Monday when she emerged from cla...
11 years ago
Popular Posts
-
A barge carrying 80,000 gallons of oil hit a railroad bridge in Vicksburg, Miss., on Sunday, spilling light crude into the Mississippi River...
-
On Tuesday, National Rifle Association executive vice president Wayne LaPierre criticized President Barack Obama's inaugural address. ...
-
Notification on Timeline The first vist to a friend's timeline prompts us to give a gift, and that "Gifts...
-
As any fan of Doctor Who knows, the title character's ship does some pretty incredible things even when it's not traveling through ...
-
HONOLULU (AP) The Hawaii state Senate passed the so-called Steven Tyler Act Tuesday, a bill that seeks to protect celebrities from overeager...
-
COUNCIL BLUFFS, Iowa (AP) An Iowa man's online classified ad offering an oak coffin for sale neglected to mention the full skeleton insi...
-
When the evening news anchor said "Big Brother is watching," little Jake thought that meant something totally different. [More fro...
-
By Dorene Internicola NEW YORK (Reuters) - Baby boomers, the generation that vowed to stay forever young, are getting older, designing sen...
-
Facebook (FB) -30.3% From IPO Facebook was by far the biggest tech IPO this year, raising $16 billion with its initial public offering, or ...
-
At the current rate that near-Earth asteroids are being detected, it will take astronomers 15 years to identify every one of significant siz...
