Meta explore virtual currency for the Metaverse

04/06 23:51

Meta has made plans to introduce virtual currency, tokens and loan services in its application. Facebook's financial arm, Meta financial Technologies, has been exploring creating a virtual currency for the company, known internally as "Zuck Bucks," according to several people familiar with the matter. Meta tends to introduce in-app tokens, centrally controlled by the company, similar to those used in gaming apps. The company has recently tried to find other revenue streams and support e-commerce on the platform, delving into cryptocurrencies and blockchain technology.
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