Facebook pulls back from its crypto ad ban to foster more growth
Facebook has walked back on its decision to ban crypto advertisement on its platform. Meta, Facebook’s mother company, unveiled this news on December 1, noting that this decision comes after expanding the number of regulatory licenses it accepts. Reportedly, this change of heart comes as the firm believes the crypto space has continued maturing and […]
What is the Problem with Facebook’s Metaverse Evolution?
The pandemic has seen massive adoption in the metaverse concept. For some people, virtual and augmented reality is something they have lived on Zoom. Community-built and operated worlds like The Sandbox, CryptoKitties, and Decentraland use the gaming market, where people can buy or rent digital real estate, crypto-collectibles, and host online events. Virtual Reality platforms […]
Defining the Metaverse: Decentralization or Digital Tyranny
Blockchain development and the innovations that follow its establishment have brought excitement and diverse leverage of decentralization in this digital era. Facebook’s announcement of rebranding to Meta caused another steer in the Metaverse space. Facebook boost to introduce a new to interact with others on the internet and navigate it. The most prominent social media […]
Facebook Diem: The Digital Currency Global Invasion
This year is a disruptive year for the blockchain space. It witnessed the evolution of projects such as non-fungible tokens (NFTs) and decentralized finance (DeFi), becoming the major discourse for the mainstream media. Another crypto that gained media attention is Facebook’s Libra. However, this global digital currency underwent a rebrand and got a new name. […]
Top Engineers Abandon Facebook’s Crypto Project
Leading companies are entering the crypto and blockchain space. Facebook is one of the organizations that has been exploring the industry. However, the top engineers working on Facebook have abandoned the project to work with A16z, led by Andreessen Horowitz. Facebook wallet Novi One of the oldest and well-known social media channels, Facebook has been […]
