App Store Utility

The App Store is not yet fully rolled out. The exact fees for each category are still to be determined. They will be updated as soon as they are finalized.

Developer and App Registration Fee

To improve app quality and prevent malicious apps on the App Store, Vultisig developers will pay a one-time registration fee and a per-app registration fee in $VULT, which will be burned. This system provides better oversight of developers in the Vultisig ecosystem.

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Reduced Fees for Users

Users will be able to pay with $VULT instead of $USDC and receive a discount on installation fees in the App Store. Additionally, users will receive reduced fees on recurring purchases, such as subscriptions or bulk purchases, when staking $VULT. The exact amounts are yet to be determined before the complete App Store rollout.

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Premium Apps

Developers can apply for a “Premium App” or “Vultisig Approved” label. This will incur a one-time fee in VULT, which will be considered revenue. The Vultisig team will audit and perform a regression test on the developer’s app, which will increase the credibility of the app.

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Boost Visibility

Developers will be able to increase their visibility in the App Store by spending $VULT . The specific packages will be determined before the App Store rollout.

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Developer Income Boost

Developers will be able to stake and lock up tokens to increase their share of the fees. Stake and Lock:

• 500.000 VULT for 1 year, receive 80% of fees

• 1.000.000 VULT for 1 year, receive 90% of fees

These will be one-year subscriptions and will be available at a later point, after the App Store rollout.