Puts app on auction via eBay where it is about to fetch $10K

Jan 4, 2012 18:01 GMT  ·  By

A developer who has grown tired of paying $99 in annual fees for iTunes Connect access, only to see Apple take a 30% cut from the profits generated by his app, has decided to pull out of the game and sell 'Buckshot' to whomever wants the responsibility of maintaining it.

Buckshot takes you on a scavenger hunt to find specified items to photograph while competing with your friends.

“You are able to play with as many friends as you want, upload photos, and see your friends photos immediately,” reads the description over at the iTunes App Store.

“Its a race to find and take pictures of the items generated on the game board. Some items will be easy to find, and others may take days. Get points for every photo uploaded. Be the ultimate Buckshot champion.”

The app itself sure sounds fun, but Neal Schmidt, the guy who coded it, isn’t having so much fun selling it on Apple’s App Store anymore.

Although it generates $300 a month in revenue from sales and iAds in the free version, the app has become a burden to Neal.

Asked to speak his mind, the developer told TechCrunch that he’s tired of paying the annual $99 fee to use iTunesConnect, and that he doesn’t much care for Apple’s 30% cut either.

He also dislikes the fact that he sometimes has to wait in line more than a week to have the Apple Review Board publish an update to his app.

Instead of all this, Neil hopes to break new ground in HTML5 development, so he's investing his time into that.

In the meanwhile, the bids on his Buckshot app have shot up to a cool $9,100. The auction ends tomorrow (January 5th). By that time, Neal will be roughly $10,000 richer and headache free. Quite a healthy initiative, wouldn’t you agree?