Facebook plans to launch its own cryptocurrency

Facebook smart speakers July 2018

The cryptocurrency rush isn't over yet. 2018 is not being entirely positive for this market, although in recent weeks it has been possible to see a notable recovery in it. In addition, we are seeing how many companies are interested in entering this market. So is Facebook. In fact, the social network is already working on its first cryptocurrency.

The company already has its roadmap created for the launch of its own cryptocurrency. Facebook gets on the bandwagon of this market that gives so much to talk about and they do it with a coin of their own creation. A decision that comes after the success of the Telegram ICO.

A few days ago we told you that the social network was going to be reorganized into several divisions. One of the divisions that has been created is that of blockchain, with David Marcus at the head. So this decision by Facebook was a previous step for the creation of its own cryptocurrency.

According to several sources, the plans of the social network in this sense are very serious. So they want to bet big on this cryptocurrency market. In fact, it is said that the company has been studying entry into this market for more than a year.

So it is not a decision that Facebook has made at the last minute, but they have already been with their plan to enter the cryptocurrency market for some time. Although it was not until this week when this data was revealed publicly.

What at the moment it is not known when this cryptocurrency from Facebook will reach the market. Although the social network is already working in its own currency, there are no dates for its arrival on the market, or for the ICO. So surely we are going to have to wait a few weeks for more details to be revealed.


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