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Metaverse – Billion Dollar Grave?

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Meta, formerly Facebook, has announced that its expanded its cryptocurrency advertising eligibility on Facebook and Instagram. Tokens To Soar in August — Toncoin (TON), Shiba Inu (SHIB), and Everlodge (ELDG) Although Meta (the parent company of Facebook) recently gave up on its plans to create the Diem stablecoin, it's reportedly still interested in creating tokens for use within the metaverse.

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Illustration by Elian Stein Report: Facebook Eyes ‘Zuck Bucks,’ NFTs As It Loses Users To TikTok Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.
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Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now. So what does the metaverse involve? In the wake of its official announcement to introduce NFTs on Instagram, Meta is now taking steps towards the new world and economy that will shape the future.