Thursday, May 16, 2013

Amazon Debuts virtual currency, gives 500 'coins' to Kindle Fire users - Netmedia

Amazon digital store on Monday launched its new virtual currency: Coins . The prepaid model will help users to buy games and applications for the Kindle Fire tablet.

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Photo: Amazon

its release, Amazon gave each Kindle Fire user 500 coins. The actual price of this amount, which is the minimum you can buy is $ $ 4.80. No tablet user is obliged to use them.

virtual coins can only be used on devices Kindle Fire HD and seven 8.9 inch and Amazon tablets of second generation. The company clarified that clarified that the users of a first generation will have to make their purchases on the website and then download the application or game to your device.

Coins will be sold in packs of 500, 1,000, 2,500, 5,000 and 10,000. The price of each dollar will be $ 4.80, $ 9.50, $ 23.00, $ 45.00 and $ 90.00, respectively. The digital cash does not expire or charge; also be deposited in the user’s account at the time of purchase.

In a statement

VP of Apps and Games Amazon, Mike George, said “now give away $ 5 in coins to spend on new applications and games or to purchase items within one application.”

George added that there will also be discounts of up to 10% when you buy with virtual currencies. “It’s a great way for customers to save money to purchase applications, games and sports,” he said.

According to the U.S. company, the coins will benefit developers and that will provide “an opportunity to drive traffic, downloads and increased monetization”.

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