Meta Reportedly Working on Virtual Currency 'Zuck Bucks'

From CNET: Meta, the parent company of Facebook and Instagram, is reportedly planning to introduce virtual currency to its apps, according to a report Tuesday by the Financial Times. Employees have internally dubbed this virtual currency "Zuck Bucks," according to the report.

The currency is reportedly unlikely to be a form of crypto based on blockchain. Instead, Zuck Bucks are more likely to work as simple in-app tokens, similar to Roblox's Robux or Fortnite's V-Bucks, according to Financial Times. This new project comes after the Meta left behind Diem, its troubled cryptocurrency project, earlier this year.

Meta didn't immediately respond for comment.

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