Friday, April 30, 2010
Facebook Credits: The World's First Major Virtual Currency
Facebook is projected to do over a billion dollars in revenue this year, more than some small countries, and its 400 million strong userbase is larger than the population of most big ones. So why shouldn’t the social network have its own private currency? In the future, we may pay for some goods not with dollars, yen or euros, but with Facebook Credits.
Facebook is projected to do over a billion dollars in revenue this year, more than some small countries, and its 400 million strong userbase is larger than the population of most big ones. So why shouldn’t the social network have its own private currency? In the future, we may pay for some goods not with dollars, yen or euros, but with Facebook Credits.
Credits wasn’t the biggest news last week for Facebook, which announced an aggressive initiative to make itself the consumer web’s connective tissue that CEO Mark Zuckerberg called “the most transformative thing we have ever done.”...
Labels: Facebook, virtual currency
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