AppCoins (APPC) is an open-source application store built on the Ethereum network. As the name suggests, AppCoins is structured to implement decentralized protocols and various applications. Users can access the applications they desire on this open-source and distributed protocol and make in-app purchases. The revenue generated from these in-app purchases is integrated into the application ecosystem. The more revenue applications generate, the more they contribute to the growth of this ecosystem.
Being an open-source protocol increases transparency and trust index. Multiple application stores can benefit from this arrangement, and investors in the project can receive separate shares from the success of each store. As applications and application stores develop, API integration becomes simpler and encourages the growth of the ecosystem.
APPC Coin is the fundamental cryptocurrency of this entire ecosystem. Whether developers want to purchase servers for new applications, users wish to make new in-app purchases, or any transaction is made on the network, APPC Coin is necessary.
At the time of writing this article, APPC Coin is ranked at 593rd and has a unit price of $0.0856. With a market value of $20 million, APPC Coin has a total of 245 million coins in circulation. Currently, the price of APPC Coin is at its lowest level.
Previously reaching levels of $2.6, the fact that APPC Coin is trading at $0.08 at the time of writing this article suggests that the application is not as actively used as before. The last 24-hour trading volume of APPC Coin is approximately $864.