The struggling magician behind the iBeer app was making up to $20K a day in its heyday

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Author: James Vincent

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How is he doing that!?

Good. Clean. Honest. Fun.

That’s what the iBeer app represented to a generation of early iPhone users, and that, I’m afraid, is very much what’s missing in today’s world of “non-funkable tokens” and “idle orangutans.” Not only was the app a lighthearted parlor trick that brought smiles to the faces of millions, but it was an industrial juggernaut, earning its creator — a struggling 37-year-old magician by the name of Steve Sheraton — up to $20,000 a day. And okay, sure, you might be one of those raking in millions from cryptographical currencies at the expense of others’ financial negligence, but where’s the joy in that? Where’s the magic?

Sheraton revealed these earnings in a recent interview with Mel Magazine (which we spotted via the...

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