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...
12 years ago
Popular Posts
-
LONDON (AP) Tens of thousands of people have signed a petition calling for British CNN host Piers Morgan to be deported from the U.S. over h...
-
NEW YORK (AP) The Lenox Lounge, a cabaret in New York City's Harlem neighborhood with a supercool, Art Deco style that made it a f...
-
LAS VEGAS (AP) The 20-year-old Rhode Islander who brought the Miss Universe crown back to the U.S. for the first time in 15 years is h...
-
iPads iPhones Smartphones and tablets running Apple s ( AAPL ) iOS platform and Google s ( GOOG ) Android OS are big this year so big th...
-
BRYAN, Texas (AP) Adam Lanza's mother was among the tens of millions of U.S. gun owners. She legally had a .223-caliber Bushmaster rifle...
-
NEW YORK (AP) A caroling group that for 35 years has performed the Irving Berlin classic "White Christmas" on Christmas Eve outsid...
-
LONDON (AP) It started out as a joke, but ended in tragedy. The sudden death of a nurse who unwittingly accepted a prank call to a Lon...
-
GUATEMALA CITY (Reuters) - Software guru John McAfee, fighting deportation from Guatemala to Belize to face questions about the slaying of a...
-
Amazon Smartphone Release Date Rumor Amazon ( AMZN ) has reportedly contracted Foxconn to build its long-rumored Kindle s...
-
BERLIN (Reuters) - Syrian President Bashar al-Assad's government is its final stages and will be unable to survive as more parts of the ...
