The landmark integration represents a significant moment in the blockchain gaming ecosystem.
A groundbreaking integration is on the horizon as StepN, a self-proclaimed “Web3 lifestyle app” built on the Solana blockchain, claims to be the first blockchain-centric gaming app to incorporate Apple Pay.
According to the May 22nd announcement, the team behind StepN claims that the new integration aims to simplify the in-app payment procedure by eliminating the "need to connect a separate crypto wallet."
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On top of that, the team claims that the Apple Pay integration will significantly impact the popularity of the platform.
In addition, the team proposed that this integration could "remove barriers of entry" for those who might struggle with establishing crypto and NFT wallets, a process often considered daunting for beginners.
Find Satoshi Labs co-founder Yawn Rong praised the development, saying:
This integration opens us up to a whole new audience, making Web3 more accessible to the masses. It bridges the gap between Web2 and Web3 technologies in an unprecedented way.
However, it's not all sunshine and roses. An unfortunate implication of this development is that StepN has chosen to collaborate with Apple's payment services over external payment options. This implies that the firm is set to be subject to a 30% "Apple Tax" on all transactions processed through the Apple App Store.
StepN, the brainchild of Web3 studio Find Satoshi Lab, boasts a unique "move-to-earn" model. This innovative approach rewards the platform's sneaker NFT holders with crypto tokens proportional to their walking or jogging activities.
Despite the potential downside, the move paves the way for blockchain-based platforms to become increasingly accessible to a broader audience, promising a more inclusive future for the crypto world. It also hints at a growing trend of bridging the gap between traditional Web2 and emerging Web3 technologies.