Friday, 24 March, 2023

Meta intends to use creator coins as virtual money in its apps: Report

<p>Meta Platforms Inc is preparing to add virtual tokens and crypto to its application library. The idea hopes to employ virtual tokens to reward creators as well as lending and other financial services.&nbsp;The move, which is said to be in the early stages, comes as Meta expands its focus on services centred on the metaverse, a virtual world where people interact, work, and play. If implemented, it could also give Meta a new revenue channel and control over transactions in its apps.<br /> &nbsp;</p>