ANU #70 — AppCoins Burn and User Incentives Updates
Welcome to the AppCoins News Update, ‘ANU’ for short. This week, we’re focusing on user incentive updates, the AppCoins burn, and more!
Here we are, back with your biweekly update on the AppCoins Project. This week we have some amazing news regarding our user incentives program, and a new feature in the AppCoins ecosystem. Keep reading to find out everything you need to know about your favorite blockchain project.
If you have been reading our previous ANUs, you know we continuously make improvements to our User Incentives Program. As we’ve mentioned before, our aim is to make sure that the largest number of users possible can enjoy all the promotions we have available. We have continued on with our goal, and have integrated some of your feedback into our upcoming update.
End of Pioneer Bonus
So let’s start with the update to the bonus table. Unfortunately, we are ending the pioneers table bonus, and as of this new update we will be moving our pioneer users to the standard bonus table. This means that while there is still up to 25% bonus offered, there will be more levels to complete to get there for all of our users. We are truly thankful to the AppCoins Pioneers, however, in order to provide all users fair access to the best possible benefits, we had to make this change.
We are bringing something new to our users, and are enacting some changes that are sure to uplift our User Incentives Program. We will be referring to these new promotions as “perks,” and they will include things like getting an additional bonus when you achieve a new level (on top of the new bonus you will have already achieved) on a given game every time you make a purchase during special events.
But this is only the tip of the iceberg! More perks will come to a variety of apps, and if your favorite game is not being promoted with a special bonus now, just stay tuned to find out when the new perk is coming.
And of course, this means that all of this information must be displayed in the AppCoins Wallet. We will be updating the layout of the promotions screen so you can start checking out the current perks, and finding out about the ones coming soon.
We will be adding a special UI to the transactions that come from these perks, so you can check every time you receive a special bonus. Moreover, you will be notified every time you receive an added bonus, and will be able to use the notification area of the transactions list to check out the ongoing perks.
AppCoins Burn: New Feature to Boost AppCoins Value
In order to up the value of AppCoins, we have launched a new feature: AppCoins Burn. Currently, many of the transactions in the AppCoins ecosystem are made using AppCoins Credits (APPC-C) — the virtual currency created by AppCoins that allows all users to make fast online transactions. The downside of this however, is that AppCoins value isn’t increasing according to its usage — since transactions using AppCoins-Credits doesn’t increase AppCoins demand. By reducing the amount of available AppCoins, the value will be boosted. To learn more about this process, check out this detailed article here.
Following last month’s protocol KPIs performance, on this ANU we have collected the values from August, regarding both flows using AppCoins, IAP and User Acquisition, the number of AppCoins-integrated apps downloads, as well as indicators from the SDK, as the table shows below.
As always, you’re invited to follow our work regarding all of the products we’re working on:
- ASF Wallet (Aptoide & Google Play)
- AppCoins Wallet (Aptoide & Google Play)
- ASF SDK
- ASF Unity Plugin
- BDS SDK
- BDS Unity Plugin
- BDS Billing System integration guide
At the time of writing, the current market cap is close to $8.66M USD, with $117 270 USD in volume in the last 24 hours across these exchanges: Binance (78.24%), Huobi (12.52%), CoinDCX (9.24%) and HitBTC (0%).
Since the last ANU, APPC value has witnessed a high of $0.060 USD on August 26th, and a low of $0.033 USD on September 8th. You can see more info about APPC markets at Coinmarketcap.
Name: Eduardo Pereira
Role: Customer Success Management
Bio: Eduardo has been working in the Catappult team since November of last year. His role is to support developers at the time of integration and ensure that everything runs smoothly. He also continues to monitor the process after app integration to ensure the satisfaction of the developers. Additionally, he creates promotional campaigns in the Aptoide app store.