{"id":737205,"date":"2013-02-05T09:38:09","date_gmt":"2013-02-05T14:38:09","guid":{"rendered":"http:\/\/gigaom.com\/?p=607406"},"modified":"2013-02-05T09:38:09","modified_gmt":"2013-02-05T14:38:09","slug":"amazon-introduces-virtual-currency-for-kindle-fire-apps-and-games","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/737205","title":{"rendered":"Amazon introduces virtual currency for Kindle Fire apps and games"},"content":{"rendered":"<p>In May, Amazon will roll out its own virtual currency, Amazon Coins, for purchasing apps, games, and in-app content on Kindle Fire in the U.S. To entice users, the company will hand out &#8220;tens of millions of dollars in Amazon Coins&#8221; for free.<\/p> <p>App developers will get their standard 70 percent revenue cut on content purchased with Amazon Coins.<\/p> <p>This isn&#8217;t Bitcoin: Amazon&#8217;s not creating its own decentralized digital currency (yet). Amazon Coins primarily seems like a way to promote Kindle Fire games and get customers to try them for free. The company has recently rolled a number of other features for game developers, <a href=\"http:\/\/gigaom.com\/2012\/09\/10\/why-amazons-in-app-sales-of-physical-goods-could-be-big\/\">including in-app purchases of physical goods<\/a>. For now Amazon Coins can only be redeemed for Kindle Fire apps and games &#8212; though <a href=\"https:\/\/developer.amazon.com\/help\/faq.html#AmazonCoins\">an FAQ notes that<\/a> &#8220;apps and games that are available for sale on both Android and Kindle Fire will also be purchasable with Amazon Coins.&#8221;<\/p> <p>Amazon Coins are also not discounted over regular dollars: &#8220;One Amazon Coin is worth one cent, so if an app costs $2.99 it will cost 299 Amazon Coins.&#8221; It&#8217;s unclear how Amazon will sell the coins to users (and how many they&#8217;ll have to buy at once) when the free giveaway period is over, though <a href=\"http:\/\/phx.corporate-ir.net\/phoenix.zhtml?c=176060&#38;p=irol-newsArticle&%2338;ID=1781498&%2338;highlight=\">the release says<\/a> the company will &#8220;make it quick and easy for customers to buy additional Amazon Coins using their\u00a0Amazon\u00a0accounts.&#8221;<\/p> <br \/> <img data-recalc-dims=\"1\" alt=\"\" border=\"0\" src=\"https:\/\/i0.wp.com\/stats.wordpress.com\/b.gif?resize=1%2C1\" width=\"1\" height=\"1\" \/><p><a href=\"http:\/\/pubads.g.doubleclick.net\/gampad\/jump?iu=\/1008864\/GigaOM_RSS_300x250&#038;sz=300x250&%23038;c=226347\"><img src=\"http:\/\/pubads.g.doubleclick.net\/gampad\/ad?iu=\/1008864\/GigaOM_RSS_300x250&#038;sz=300x250&%23038;c=226347\" \/><\/a><\/p><p><strong>Related research and analysis from GigaOM Pro:<\/strong><br \/>Subscriber content. <a href=\"http:\/\/pro.gigaom.com\/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=607406+amazon-introduces-virtual-currency-for-kindle-fire-apps-and-games&utm_content=laurahowen38\">Sign up for a free trial<\/a>.<\/p><ul><li><a href=\"http:\/\/pro.gigaom.com\/2012\/07\/research-in-motion-future-scenarios-and-its-likely-fate\/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=607406+amazon-introduces-virtual-currency-for-kindle-fire-apps-and-games&utm_content=laurahowen38\">Research In Motion: future scenarios for its fate<\/a><\/li><li><a href=\"http:\/\/pro.gigaom.com\/2012\/07\/new-strategies-in-consumer-media-cloud-storage\/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=607406+amazon-introduces-virtual-currency-for-kindle-fire-apps-and-games&utm_content=laurahowen38\">The evolution of consumer-media cloud storage<\/a><\/li><li><a href=\"http:\/\/pro.gigaom.com\/2012\/02\/forecasting-the-tablet-market-over-366-million-units-by-2016\/?utm_source=tech&utm_medium=editorial&utm_campaign=auto3&utm_term=607406+amazon-introduces-virtual-currency-for-kindle-fire-apps-and-games&utm_content=laurahowen38\">Tablet market to hit over 377 million units by 2016<\/a><\/li><\/ul><img data-recalc-dims=\"1\" width=\"1\" height=\"1\" src=\"https:\/\/i0.wp.com\/gigaom.feedsportal.com\/c\/34996\/f\/646446\/s\/2841fd2c\/mf.gif?resize=1%2C1\" border='0'\/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href=\"http:\/\/share.feedsportal.com\/viral\/sendEmail.cfm?lang=en&title=Amazon+introduces+virtual+currency+for+Kindle+Fire+apps+and+games&link=http%3A%2F%2Fgigaom.com%2F2013%2F02%2F05%2Famazon-introduces-virtual-currency-for-kindle-fire-apps-and-games%2F\" ><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/res3.feedsportal.com\/images\/emailthis2.gif?w=780\" border=\"0\" \/><\/a><\/td><td valign='middle'><a href=\"http:\/\/res.feedsportal.com\/viral\/bookmark.cfm?title=Amazon+introduces+virtual+currency+for+Kindle+Fire+apps+and+games&link=http%3A%2F%2Fgigaom.com%2F2013%2F02%2F05%2Famazon-introduces-virtual-currency-for-kindle-fire-apps-and-games%2F\" ><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/res3.feedsportal.com\/images\/bookmark.gif?w=780\" border=\"0\" \/><\/a><\/td><\/tr><\/table><\/div><br\/><br\/><a href=\"http:\/\/da.feedsportal.com\/r\/151885294687\/u\/49\/f\/646446\/c\/34996\/s\/2841fd2c\/a2.htm\"><img src=\"http:\/\/da.feedsportal.com\/r\/151885294687\/u\/49\/f\/646446\/c\/34996\/s\/2841fd2c\/a2.img\" border=\"0\"\/><\/a><img width=\"1\" height=\"1\" src=\"http:\/\/pi.feedsportal.com\/r\/151885294687\/u\/49\/f\/646446\/c\/34996\/s\/2841fd2c\/a2t.img\" border=\"0\"\/><div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/OmMalik?a=1wovpardeVQ:VI45RDSVTho:yIl2AUoC8zA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/OmMalik?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a>\n<\/div><img src=\"http:\/\/feeds.feedburner.com\/~r\/OmMalik\/~4\/1wovpardeVQ\" height=\"1\" width=\"1\"\/>","protected":false},"excerpt":{"rendered":"<p>In May, Amazon will roll out its own virtual currency, Amazon Coins, for purchasing apps, games, and in-app content on Kindle Fire in the U.S. To entice users, the company will hand out &#8220;tens of millions of dollars in Amazon Coins&#8221; for free. App developers will get their standard 70 percent revenue cut on content [&hellip;]<\/p>\n","protected":false},"author":4789,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-737205","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-35Mp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/737205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4789"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=737205"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/737205\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=737205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=737205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=737205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}