Really? You have tested the market, there are buyers, you know the cost of acquisition and you can sell at a profit? I'm not asking if you have shown it to a few people and they said, yeah, that's cool, I'm asking have people seen it and said, OMG this is fantastic how much does it cost I want it right now.
Yes, read Google's terms of service. And there are apps that are within the terms of service that are not allowed, because they say so.
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