Social media giant Facebook took a step towards the crypto money industry a few years ago and is now diem introduced the cryptocurrency known as Although Diem, which later got a lot of reaction and was restricted by the regulators, has not been released yet, Facebook continues its developments in crypto money and blockchain.
Facebook Creates Metaverse World
Facebook In the most recent blog post published by the company, it was emphasized that the company will create 10,000 jobs in the European Union. Facebook is preparing to create the highly anticipated metaverse, or virtual universe, in the next 5 years. The aim of this initiative, which will benefit from technologies such as virtual reality and augmented reality, is to create new, creative, social and economic opportunities.
It was emphasized that the social media giant will focus on Germany, France, Spain, Italy, Poland, the Netherlands and Ireland. It is also seen that this is actually aimed at strengthening the technology sector in Europe and keeping good relations with the lawmakers in Europe.
Facebook has been hit hard by Europe and has lost a lot of value due to tough moves by European regulators. Now, the company’s direct focus on the European market actually shows the purpose of this move. Of course, European regulators still need to give approval for this job opportunity.
There is no news yet about Facebook’s crypto money project, and although the wallet named Novi has been designed, the crypto money to be used in this is not around.