Facebook recently announced a rebrand to Meta, and officially transitioned into a metaverse company. What exactly does that mean, and will there be blockchain and crypto involved?
Facebook recently took the financial world by storm, announcing a significant move beyond the social media status and rebranding as Meta. Apparently, the brand change will only affect the parent company, not Facebook, Whatsapp and Instagram, but the transition towards the metaverse will occur across the board.
Since then, a couple of legitimate questions have arisen among the cryptocurrency community.
Will the tech giant support and embrace blockchain technology to facilitate the implementation of its metaverse ecosystem? And to what extent?