Amazon Coins virtual currency unveiled for Kindle Fire apps

Advertisement
By Agence France-Presse | Updated: 6 February 2013 11:05 IST
Amazon unveiled a virtual currency Tuesday to enhance the potential for developers to make real money in games and other "apps" tailored for Kindle Fire tablet computers.

Amazon Coins will be introduced in the United States in May in a move aimed at inspiring the creation of more fun, hip or functional programs for its challenge to iPads and rival tablets powered by Android software.

Industry analysts maintain that the availability of apps synched with people's lifestyles can be more important than slick hardware when it comes to which mobile gadgets people buy.

Advertisement

"Amazon Coins gives customers an easy way to spend money on developers' apps on Kindle Fire in the Amazon Appstore," said Amazon vice president of apps and games Paul Ryder.

The Seattle-based online retail titan is providing added incentive for developers by promising to give away tens of millions of dollars in Amazon Coins for people to spend when the virtual currency is introduced.

Advertisement

Amazon coins can be used to buy applications or to pay for virtual goods or features sold inside mini-programs.

Developers get to keep 70 percent of the revenue, with Amazon getting 30 percent.

Advertisement

"Amazon's new virtual currency is designed to open new opportunities for developers and make things easier for customers," said ZeptoLab chief executive Misha Lyalin, whose company makes "Cut the Rope" and other game apps.

"Everyone recognizes Amazon's success in the e-commerce world now the Amazon Appstore has become a major player in the mobile app marketplace."

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Brown Season 1 Out on OTT: Where to Watch Karisma Kapoor Starrer Online?
  1. James Webb Space Telescope Detects Most Distant Dormant Black Hole Ever Found
  2. Sukhamano Sukhamann OTT Release: Where to Watch it Online?
  3. Thadai Athai Udai Now Available for Rent on Amazon Prime Video
  4. Brown Season 1 Out on OTT: Where to Watch Karisma Kapoor Starrer Online?
  5. Ugly Story Now Streaming Online: Everything You Need to Know About its Cast, Plot, and More
  6. Sahara Meteorite May Be Fragment of a Lost Moon-Sized World, Study Suggests
  7. OpenAI Introduces Smarter ChatGPT Memory, Adds Dreaming Architecture
  8. Tecno Pova 8 India Launch Date Announced; Battery Size, Design, Colour Options Teased
  9. Samsung Reportedly Starts Internal Testing of Android 17-Based One UI 9 for Galaxy S25 Series
  10. Bybit Lists Western Union’s USDPT Stablecoin for Trading and Transfers
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.