STEPN Integrates Apple Pay to Overpower Web3 Barriers

Share This Post

Intending to draw more players by breaking down barriers associated with cryptocurrency use in-game, the popular Web3-based move-to-earn game STEPN incorporates Apple Pay as a gateway for conventional payment dealings inside the app.

Quick Takes:

  • STEPN increases user-friendliness by implementing Apple Pay as a fiat currency gateway for in-app purchases.
  • Despite the move-to-earn games surge in May 2022, the platform’s active users continue to decline significantly.
  • STEPN hopes its new payment feature will bring 100 million users to the Web3 world and boost its ecosystem.

Expanding Accessibility with Apple Pay

STEPN is integrating Apple Pay so users can easily link their credit card to the payment service and attain NFT sneakers, which are essential for gameplay in STEPN, breaking down the barrier to entry for Web3.

According to Dune Analytics, STEPN could do with bringing more gamers into its ecosystem. Despite gaining more than 70k monthly active users in May 2022, this amount has been significantly dropping, with only 23k players currently on board.

The team behind STEPN believes that introducing a method for paying with conventional currency can assist in recruiting the subsequent 100 million users into the Web3 world and boost its ecosystem.

Overcoming Web3 Barriers for Mainstream Gamers

Non-crypto users often face barriers in Web3 adoption due to needing a crypto wallet to make transactions for in-game purchases. Usually, this leads players to turn their backs on the game over unfamiliarity with cryptocurrencies, thus, finding the entire process daunting. The volatile nature of cryptocurrencies and security concerns also do not help matters.

Gaming developers, in this case STEPN, can lower these barriers by integrating traditional payment methods like Apple Pay and bringing a new target market to Web3. By allowing gamers to transact with familiar payment options like fiat, this Web2 integration can override the issues between conventional and digital worlds, easing the entire onboarding process.

Subscribe to the NFT Lately newsletter to receive news covering the latest NFT-related drops, releases, reviews, and more.

spot_img

Related Posts

Magic Eden Adopts Solana’s Compressed NFTs

Magin Eden, the distinguished NFT marketplace, recently announced its...

Friend.tech Returns With Surging NFT Trading Volumes

Friend.tech, the decentralized social media app, has shown an...

CoinMarketCap and HELLO Labs to Premiere TV Series, Killer Whales

An official trailer for the Web3 television series 'Killer...

Machi Proposes 11M $APE Sends NFTs to Museums Worldwide

An intriguing week-long vote surrounding OG NFTs kick-started today! Machi Big Brother,...

Italian Luxury Watch Brand Panerai Introduces Digital Passports Generated with NFT

Italian luxury watch manufacturer Panerai has revealed plans to include an...

Related Posts

Top 5 Most Expensive CryptoPunks NFTs and Reasons Why

CryptoPunks' unique attributes sell for six digits or more CryptoPunks,...

Rarible Rises Amid Strong Royalty Advocacy—OpenSea Sinks

The NFT marketplace, Rarible, has a notable 24-hour spike...

Hot Wheels Introduces New NFT Collection: Garage Series 6

Hot Wheels, the beloved toy car brand, has launched...

Magic Eden Presents $1 Million Fund to Boost NFT Projects on Polygon

Magic Eden, a prominent Solana-based marketplace, has taken a...

Snoop Dogg’s Bored Ape NFT Inspires New Skechers Line

Snoop Dogg and Skechers have collaborated again to release...