According to a CNBC report released on March 11th, Facebook's own crypto-currency can provide additional revenue of $ 19 billion by 2021, if released.
Barclays internet analyst Ross Sandler is a cryptocurrency The unit said it could create a new revenue stream for Facebook Coin in 2021 and that it will help the share price collected in the middle of a series of high-profile scandals last year.
Billions of dollars in the market with Facebook Coin in 2021 can enter!
Sandler emphasized that, in anticipation, the crypto-based revenue option could be well perceived by Facebook's shareholders for any non-advertising revenue streams, ”Strongly needed at this stage of the company's statement“ something is stated. He said the more conservative revenue forecast for the new currency is $ 3 billion.
The Barclays analyst recalled the original payment project, similar to Facebook's current crypto currencies. M Facebook credits sağlayan, developed by the California-based firm The Menlo Park in 2010, represented a virtual currency that allows users to pre-pay these loans using local currencies and use them for in-app purchases.
Sandler,
”Facebook said it would carry the costs of exchange between fiat currencies and the possible new crypto currency, which could reduce the profitability of the business.“
Sandler also assessed the scope of the project and said it was larger than Facebook's previous goals. Analyst is Facebook's former president, former payment operator PayPal blockchain and the leader of the crypto team, David Marcus. Sandler is also the beginning of Facebook's recently blockchain Chainspa byHe hired a number of employees from the United States.
Following a Bloomberg report on Facebook's own password in December 2018, the New York Times (NYT) “He hoped to achieve where the Bitcoin failed“published another article claiming to have published a top-secret encryption project. According to NYT, 50 new employees will be able to include one of the three full Facebook applications (WhatsApp, Facebook Messenger and Instagram). the stabilco trying to improve.
Source: Cointelegraph