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Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok

Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by CEO Mark Zuckerberg, has plans to integrate NFTs into its social apps too, because we live in 2022 aka Hell.

According to a new report from the Financial Times, Meta has a number of virtual coin- and currency-related projects and plans in various stages of development, as the company looks for more ways to make cash as it loses users to rival social media apps like TikTok and suffers huge losses on Wall Street.