Meta is apparently considering creating “Zuck Bucks,” a virtual currency that customers can use on all of the company’s products. You must have heard that we support capitalism.
According to the Financial Times, Meta is considering implementing a centralized in-app money system that would be shared across all of its platforms, including Facebook, Instagram, and WhatsApp. Meta appears to be worried about the future of its finances as a result of Facebook’s declining popularity, forcing it to look for ways to diversify beyond ad revenue and better engage users.
Although not officially called “Zuck Bucks,” internal staff are said to have given the project the nickname after Meta CEO Mark Zuckerberg.
It is not clear how this system will work. However, by a stroke of luck, this virtual currency is unlikely to be tied to the blockchain. Rather, it is expected to work similar to in-game currency seen in many mobile games. Such coins are often available for purchase with real money and can be used to purchase in-app bonuses and cosmetics, such as clothing to change the appearance of a video game character.
That’s right, microtransactions could be coming to Facebook.
Of course, it’s just as possible that you won’t. The Meta money is reportedly still in the works and may never be implemented. When asked about the development by Editorialge, Meta refuses to confirm or deny it.
A Meta representative told Editorialge: “We have no developments to share today.” “We are always thinking of new product ideas for individuals, businesses and creators. We are focusing on creating for the metaverse as a company, including how payments and financial services could appear.”
Meta is also rumored to be exploring the introduction of creator-specific coins tied to Instagram influencers, as well as tokens awarded to users who contribute to Facebook groups. While posting to Facebook groups may eventually be rewarded, it could mean that going online for the sake of being sociable is losing its luster.
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Categories: Technology
Source: vtt.edu.vn