AppCoins

Defining AppCoins

If you have stumbled upon the term AppCoins in relation to Bitcoin mining, you might be wondering what it means. Simply put, AppCoins is a protocol for the App Economy created by Aptoide that aims to reshape the app economy through the introduction of a universal digital token. This digital token is called the AppCoin.

AppCoins and Bitcoin Mining

The link between AppCoins and Bitcoin mining isn't direct, but it revolves around the concept of digital cryptocurrencies. Bitcoin mining is about creating new Bitcoins by solving complex cryptographic problems. On the other hand, AppCoins serves a different purpose in the app world, but it's still in the family of cryptocurrency. However, unlike Bitcoin, AppCoins are earned through app usage.

How Do AppCoins Work?

AppCoins aims to build a more transparent and shared app economy by removing intermediaries and reducing mobile ad fraud. The AppCoins protocol is open and can be adopted by any app store. This allows developers to reward users for two different types of engagement in their apps: 1) cost-per-install and 2) cost-per-attention. The more you use an app that implements this protocol, the more AppCoins you'll earn. This creates a circular economy, where users earn AppCoins and spend them on other apps.

Purchasing AppCoins

You can purchase AppCoins on the open market and store them in a cryptocurrency wallet, just like you would with Bitcoin. In this manner, AppCoins contributes to the wider world of digital cryptocurrencies. To buy AppCoins, you need the appropriate wallet and a marketplace that trades in this digital currency. AppCoins can then be used in any participating app store.

AppCoins: Future of App Economy

The idea behind AppCoins is to make the app economy more user-friendly and efficient, reducing the need for multiple transactions and simplifying the ad platform. Given the widespread use of apps in our daily lives, AppCoins could very well become a significant player in the digital economy realm – alongside Bitcoin and other cryptocurrencies.