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.
Estimated reading time: 0 minutes, 26 seconds
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.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-