Meta to Introduce Virtual Tokens that Are Not Cryptocurrency – Report

 
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed for the metaverse, according to a recent Financial Times report.
The report noted that this coin would not be a cryptocurrency based on the blockchain, adding:…
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