Itokiis an open and distributed protocol for app stores based on the Binance Smart Chain and smart contracts. It redesigns app advertising, in-app purchases (IAP) and app approval flows through a circular model. As a higher share of theShow more [+] advertising and IAP revenue is kept within the token’s ecosystem, more value is rooted back into the app economy. Being an open protocol, it also provides more transparency and trust. Multiple app stores can implement and benefit from this and stakeholders will contribute to its development and adoption.
Furthermore, simple API integration will allow easy implementation. Through Itokiwe can integrate app stores, users, developers, advertisers and OEMs. This system is app store agnostic, existing across different mobile platforms. In Itoki, the different app stores act as oracles of the smart contracts, which are associated with each of the platform’s core transactions. This system creates a trust layer for the economy, rendering many middlemen obsolete. Itokiaims to become the universal language of the app transactions economy. The protocol also includes a rewarding system. Users, app stores, and OEMs receive tokens through the concept as a reward. Developers that want to advertise their apps can be sure that the user has installed and used it. The users reinvest their tokens via in-app purchases and this creates a virtuous loop that boosts the Itokieconomic growth.