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Facebook parent Meta wants to introduce ‘Zuck Bucks’: report

Facebook parent Meta wants to introduce ‘Zuck Bucks’: report

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Mark Zuckerberg just can’t quit the concept of creating his own payments system.

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Facebook parent Meta is reportedly working on several financial products to add to its platforms – including a virtual coin for use in its planned metaverse

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Company employees have nicknamed the tokens “Zuck Bucks” in a nod to the Facebook founder.

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“Zuck Bucks” are expected to be a form of in-app currency controlled by Meta rather than another cryptocurrency linked to blockchain technology

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Meta cut ties with its first doomed foray into crypto earlier this year following pushback from regulators.

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Zuckerberg’s company is also dabbling in non-fungible tokens, or NFTs. Earlier this year, the billionaire confirmed that Meta would be “bringing NFTs to Instagram in the near term.”

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