Crypto

Last minute details about Facebook's crypto money


Facebook is finally announcing its crypto currency, which it has developed for more than a year. It was reported that the company will publish a whitepaper on this crypto currency on June 18th. More and more new information is coming out of this date.

The Block published a complete list of companies that would support Facebook's crypto money. Accordingly, the crypto currency;

In the news published yesterday in the Wall Street Journal, the consortium to manage Facebook's crypto money includes Visa, MasterCard, PayPal, Uber, Booking, Stripe and Mercado Libre was mentioned. According to the latest information, these companies, as well as many other important companies will be supporters of crypto money.

These companies include Vodafone, Andreessen Horowitz, Spotify, eBay, Coinbase, Xapo and PayU.

The founding members of the Libra Foundation, which will manage the crypto money, are:

each of the companies in Facebook's crypto money network "node" to pay $ 10 million to get the task said. On the other hand, it is stated that they want to increase their numbers up to 100.

The money to be obtained from the members of the consortium will be used to support the crypto money which will be connected to a nominal money basket. Facebook plans to get $ 1 billion by including 100 companies in the project.

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