Meta Virtual Currency "Zuck Bucks" Crypto Rumors

Is reportedly working on his own virtual coins, which has been dubbed “Zuck Bucks” by his employees.

Mark Zuckerberg

Zuck Bucks won’t exactly be a cryptocurrency. “Instead, Meta is leaning towards introducing in-app tokens that would be centrally controlled by the company.

Zuckerberg Has Stated That

“social tokens” or “reputation tokens,” which “could be issued as rewards for meaningful contributions in Facebook groups, for example.”

Meta Is Also Testing Out

And sharing NFTs on Facebook this, followed by testing “membership of Facebook groups based on NFT ownership and another for minting” NFTs.

Meta Will Also Start Posting

Its first doomed foray into crypto earlier this year following pushback from regulators.

Meta Cut Ties With

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.”

Zuckerberg’s Company Is Also

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