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
-
As the crowds thinned following President Barack Obama's second inaugural address and people headed home, they may have passed a milita...
-
LOS ANGELES (AP) -- The original Batmobile from the 1960s television series has sold at auction for $4.2 million. A spokeswoman for the Barr...
-
iPad mini Despite a soft launch with few lines and seemingly abundant availability , China is going crazy for the iPad mini according Tope...
-
LOS ANGELES (Reuters) - The hot-button topic of "fracking" has finally made its way to Hollywood in the new movie "Promised...
-
NEW YORK (Reuters) - Actresses Natalie Portman and Kristen Stewart are Hollywood's most bankable stars and provide studios with the hi...
-
Guns for sale at a Walmart (Newsmakers) The talk of new gun control measures that has followed Friday's mass shooting in a Newtown, Co...
-
NASHVILLE, Tenn. (AP) Prosecutors on Thursday declined to pursue a criminal trespassing charge against a Wisconsin man arrested earlier this...
-
Monday s post-inaugural luncheon was a case study in body language--and nearly all of the physical evidence centered on House Speaker John ...
-
WASHINGTON (Reuters) - France's military intervention in Mali has revived trans-Atlantic tensions over security issues, this time involv...
-
William Shatner Another legend of nerd culture, Shatner was one of the first on Twitter to wish Lee a happy birthday. Click here to view t...
