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RE: While Mark Zuckerberg Is Studying Cryptocurrencies, Facebook Changed Its Algorithm For "More Meaningful Interactions"
I'm not sure Facebook creating their own token is necessary or smart. Seems like it would be a hindrance in many ways, potentially ruining in others. Just my thoughts - Facebook is a massive platform. Building another platform of crypto on top of that seems overly complex, but you've given me something else to think about
From a technical point of view, Facebook building a token will be trivial. There's more tech and AI in their messenger bot platform, than in a simple, centralized token, so throwing in a "coin" is really, really simple for them.
The only question stopping them to do it is: "how much more money a token will bring us, than we're bringing in now, with our current business model?"
I'm referencing issues regarding regulation - Facebook has already been approved (along with Google, if I remember correctly) to operate within the technical framework of a bank in the UK, I believe. Also M (the AI layer inside of Messenger is/has been canceled for the meantime).
They don't need to launch a token to get a cut of tokenized transactions, they already have the infrastructure to add the layer but perhaps would be savvy to shy away from the politics of initiating their own.
I think their best bet would be to accept all the other major coins for payment - amazon too - they would have massive explosions in people using their crypto if the could do it.