Amazon has today launched a new virtual currency in the form of Amazon Coins which is now available for Kindle Fire customers .
To launch their new Amazon Coins virtual currency, Amazon has awarded every Kindle Fire owner in the U.S. with $5 worth of free Amazon Coins deposited directly into their Amazon account.
“Today we are giving Kindle Fire owners $5 worth of Coins to spend on new apps and games, or to purchase in-app items, such as recipes in iCookbook, song collections in SongPop or mighty falcon bundles in Angry Birds Star Wars. And with discounts of up to 10% when you buy Coins, this is a great way for customers to save money when they buy apps, games and in-app items,” said Mike George, Vice President of Apps and Games at Amazon. “We will continue to add more ways to earn and spend Coins on a wider range of content and activities—today is Day One for Coins.”
Amazon says that it will be offering discounts of 10% to those users who buy Coins in bulk. Developers will get a standard 70% revenue share on all coin spend.
Source: Tech Crunch
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