Facebook paying users for viewing advertising media
KIEV. May 4. UNN. Cryptocurrency social network Facebook to get reinforcements cash dollars and will be the basis of a full-fledged payment system, writes The Wall Street Journal, reports UNN.
It is not excluded that the social network will pay users for viewing ads and to give a “cashback” in the cryptocurrency.
Facebook stablecoin cryptocurrency is developed in secrecy. For the first time that we heard a year ago, and the first part appeared only at the end of February, when the project was already at an advanced stage. Now WSJ journalists learned that:
- Draft capabality Facebook called Project Libra.
- Facebook has already held talks with Visa, Mastercard and the major payment processor First Data on attraction of $ 1 billion as security tokens. This should drastically reduce the typical cryptocurrency exchange rate fluctuations.
- Facebook is negotiating with dozens of companies the e-Commerce and mobile payment services on the acceptance of a future cryptocurrency. Some of them can also become investors.
- The fee for vendors in the payment system Facebook will be lower than typical when processing credit cards 2-3%.
- Discussed the idea to reward users with bitcoin for viewing ads, which entailed interaction with the content of the social network or purchase on its platform. The system will be similar to the loyalty system at regular retailers.
If the project Libra will be successful, it will undermine the best operators in the segment of card payments in e-retail. Given that Facebook have 1.5 billion people daily audience, he is likely to be the most massive in the history of the practical application of cryptocurrency, writes the WSJ.
As we learned earlier, Facebook has blocked the accounts of right-wing activists in the United States.