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You are at:Home » APhone Launches AppNest, A Decentralized App Store Challenging Mobile App Market Giants
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APhone Launches AppNest, A Decentralized App Store Challenging Mobile App Market Giants

"Our goal is to democratize access to technology and provide a full Web3 mobile experience to users worldwide, irrespective of geographical or economic barriers," APhone Chief Business Officer, Paul Peckham.
Rakhi ShahBy Rakhi ShahJune 19, 2024No Comments3 Mins Read
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APhone Launches AppNest, A Decentralized App Store Challenging Mobile App Market Giants
APhone Launches AppNest, A Decentralized App Store Challenging Mobile App Market Giants
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Key Takeaways

  • APhone has launched a new decentralized app store, AppNest.
  • AppNest offers a decentralized, open environment that allows developers to freely host and manage their applications without the hefty fees and restrictive policies associated with major platforms like Google and Apple.
  • The platform supports a wide variety of applications, integrating both blockchain-focused and traditional Web2 apps.

APhone today launched its decentralized app store, AppNest, with an aim to shake up the $500 billion mobile app market.

It allows users to access applications spanning web3 ecosystems alongside a diverse range of web2 applications.

Unlike the prevailing duopoly dominated by Google and Apple, which levy fees up to 30% for app developers, AppNest provides a stark contrast by allowing developers to host and manage their applications for free. This open approach not only reduces the cost of entry for developers but also sidesteps the often criticized restrictive policies of conventional app stores.

  • William Paul Peckham, Chief Business Officer at APhone, emphasized the revolutionary aspect of AppNest, stating, “With AppNest, we are giving users a complete ‘outside the box’ experience—moving beyond the conventional hardware requirements and reach of traditional gatekeepers.”
  • He further noted that AppNest is designed to “democratize access to technology” and deliver a comprehensive Web3 mobile experience that transcends geographical and economic barriers.

Why does it matter? The recent decisions by Google and Apple to remove emulators, have underscored the need for a more open and less restrictive marketplace. AppNest addresses these issues head-on by providing an uncensored platform where a wide array of applications, from blockchain and cryptocurrency-focused apps like Binance, Metamask, and OpenSea to popular Web2 applications such as WhatsApp and Instagram, can coexist.

AppNest’s lineup also boasts an impressive array of Web3 games including Mighty Action Hero’s, BattleTech, and Stargate, further enriching its diverse offering. The APhone itself is a cloud-based smartphone capable of running sophisticated Web3 and traditional applications on any web browser-compatible device, coupled with advanced security features like a dedicated seed vault running alongside the Android operating system for enhanced protection of user data and digital assets.

Backed by Aethir, the only enterprise-grade AI-focused GPU-as-a-service provider, APhone leverages decentralized cloud computing infrastructure. This infrastructure not only supports the needs of GPU providers but also connects them with enterprise clients requiring powerful processing capabilities for AI and machine learning tasks.

“As APhone continues to push the boundaries of what is possible with mobile hardware and blockchain technology, its exclusive dApp store is poised to onboard users worldwide into decentralized finance, gaming, and social media,” the company said in a statement.

Read Also: Magic Eden Users Get Exclusive Access to the APhone DePIN-powered Virtual Mobile Phone App

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Rakhi Shah
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R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

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