Connect with us


Meta is working on a digital currency nicknamed Zuck Bucks

The whole Zuck Bucks nickname should probably be dropped as soon as possible.

Mark zuckerberg metaverse virtual world
Image: KnowTechie

As Facebook’s popularity begins to decline, Meta is exploring new options and ways to make money on its platforms. It looks like the next big idea that Meta has is a new kind of digital currency. Sources have nicknamed it Zuck Bucks.

This news was initially reported by Financial Times. Sources familiar with Meta told the publication that Meta Financial Technologies has been testing a sort of virtual currency that people could use across the multitude of Meta platforms.

It doesn’t look like this particular digital currency from Meta will involve the blockchain, a change from the company’s last attempt – Libra.

Instead, these “Zuck Bucks” will likely resemble microtransactions that you can find in mobile games. Users will buy Zuck Bucks with real money and get a specific amount of credits that they can spend in-app.

Fortunately, Zuck Bucks won’t be the official name of the currency

This is just an internal nickname that employees have given the project while it is in development. I can’t imagine that the company would be stupid enough to launch this new project with Zuck Bucks as the actual name.

At this point, we still don’t know too much about Meta’s potential currency. In fact, Meta didn’t have much to say in a statement to Mashable, stating, “we continuously consider new product innovations for people, businesses, and creators.”

Additionally, the statement continued with, “As a company, we are focused on building for the metaverse and that includes what payments and financial services might look like.”

And there you have it. Ole Zuckerberg and the Meta team are working on some digital dollars that you can spend on fake goods inside of a fake world. Sounds perfectly normal to me.

Have any thoughts on this? Let us know down below in the comments or carry the discussion over to our Twitter or Facebook.

Editors’ Recommendations:

Follow us on Flipboard, Google News, or Apple News

Staff writer at KnowTechie. Alex has two years of experience covering all things technology, from video games to electric cars. He's a gamer at heart, with a passion for first-person shooters and expansive RPGs. Shoot him an email at

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Deals of the Day

  1. Meta Quest 2 Virtual Reality Headset - $249.99 (17% off)
  2. Fitbit Charge 6 - $99.95 (save $60)
  3. Try Apple TV+ for FREE and watch all the Apple Originals
  4. Save $300 on a Segway at Best Buy, now $699
  5. Lenovo 14" IdeaPad Flex 5i Chromebook Plus Laptop - $379 (24% off)
  6. HP DeskJet Printer with 3 months of Instant Ink included from HP+ - $84.99 (save $45)

More in Social