Sources cited in an article from The Financial Times notes that the new tokens are being colloquially referred to as “Zuck Bucks” and are expected to be accompanied by other digital assets and lending services on Meta’s apps. The company is also planning to support the trading of non-fungible tokens as soon as May.
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Meta Plans to Launch NFTs, Non-blockchain 'Zuck Bucks': Sources
Meta Platforms is working on preliminary plans to launch its own virtual token in the metaverse, but does not anticipate it to be blockchain-based. So reports CoinDesk.
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