Should Zuck lead us to the Metaverse? Crypto leaders weigh in
“In order for him to have a clean slate for Meta, he must step down and he must have a new CEO to run it,” said Jenny Ta. Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Asset’s Jenny Ta saying he needs to resign if Meta is to succeed while Animoca’s Yat Siu says Zuck is the only one who can drive the company forward.Ta is the Chief Operating Officer (COO) of nonfungible token (NFT) platform developer Hodl Assets, and said that Zuckerberg needs to head off lawsuits and protect the company’s image by relinquishing his role as CEO.....
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Meta Platforms is preparing to integrate cryptocurrencies into its family of apps, with the goal of using them to reward creators and to facilitate lending and other financial activities. The Financial Times reported on Wednesday that Meta is considering creating “Zuck Bucks,” a virtual currency that consumers can use across its apps, as the British […]
The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse. Social media giant Facebook’s parent company Meta is reportedly planning to introduce virtual currency named after CEO Mark Zuckerberg as well as lending services to apps it owns, which may include Facebook, WhatsApp, Instagram, and Messenger. According to a Financial Times report on Wednesday, the move toward tokens and virtual currency is aimed at exploring alternative sources of revenue as interest in Facebook and Instagram drops. Meta’s potential virtual currency, which....
A report by Citi has predicted that the fledgling Metaverse economy could be worth $13 trillion by 2030. In the last few years, we have witnessed the growth of metaverse cryptos as they have provided high returns to investors. This guide will discuss the best metaverse crypto projects to buy in 2022. 5 Best Metaverse […]
The skills shortage from Web2 to Web3 continues with the disclosure of a senior executive leaving food-delivery Grab to join a blockchain gaming company. According to a Bloomberg report on Wednesday, Wui Ngiap Foo — the head of technology at Asian ride-hailing app Grab — is quitting to lead a metaverse game company. Foo was […]
Two global banking leaders, a banking consortium and a newly minted limited-purpose trust company gathered onstage at the Consensus 2016 conference in New York City to discuss the future of blockchain technology among global financial institutions. Moderated by business editor of The Economist Matthew Bishop, he lead the panel by proposing three possible futures of blockchain technology and asking the panelists to weigh in on the distributed ledger’s fate. Bishop indicated he believes blockchain could either "get rid of a lot of intermediaries", lead to incumbents owning the....