Facebook parent Meta plans to introduce cryptocurrencies and tokens for its apps
adviksingh.substack.com
Meta Platforms, the parent company of the world's biggest social media network, Facebook, is planning to develop its own cryptocurrencies and virtual tokens for its suite of products, the Financial Times reported. The plan – which is being referred to internally as "Zuck Bucks", a reference to Meta chief executive Mark Zuckerberg – comes as the California-based company tries to leverage the metaverse and develop new alternative revenue streams in view of the waning popularity of its apps, the
Facebook parent Meta plans to introduce cryptocurrencies and tokens for its apps
Facebook parent Meta plans to introduce…
Facebook parent Meta plans to introduce cryptocurrencies and tokens for its apps
Meta Platforms, the parent company of the world's biggest social media network, Facebook, is planning to develop its own cryptocurrencies and virtual tokens for its suite of products, the Financial Times reported. The plan – which is being referred to internally as "Zuck Bucks", a reference to Meta chief executive Mark Zuckerberg – comes as the California-based company tries to leverage the metaverse and develop new alternative revenue streams in view of the waning popularity of its apps, the