Amazon declares "Day One" for its Coins currency

05/13/2013 | VentureBeat

Amazon has debuted its Amazon Coins digital currency and is giving away $5 in Coins to all Kindle Fire owners. The coins, which are worth a penny each, can be used toward in-app purchases, games and other applications. "[Monday] is Day One for Coins. We will continue to add more ways to earn and spend Coins on a wider range of content and activities," says Mike George, Amazon's vice president of apps and games.

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