Meta Facebook will integrate blockchain and cryptocurrencies into Web3

• Meta will accelerate with the development of crypto and blockchain technologies.
• The company will also look at NFTs and DAOs as part ofWeb3 Initiatives.
• One of the board members of Meta is an active investor and lobbyist for Web3.

Parent company of the social network Facebook,Meta intends to accelerate developments in the field of blockchain and cryptocurrencies from 2022. The New York Times (NYT) writes about this with reference to a corporate letter from the vice president of AR/VR Meta, Andrew Bosworth.

Bosworth did not elaborate on what projects will bework on a social network, but noted that the company should develop products from the area of ​​non-fungible tokens (NFT), decentralized organizations (DAO) and cryptocurrencies.

“My general recommendation is to achieve fullblockchain compatibility. In some areas - not many - we will rely solely on this technology, if we find an opportunity to collaborate with entrepreneurs in the Web3 space, I think it will be worth it."- wrote Bosworth.

The NYT notes that one of the council membersMeta's directors are Marc Andreessen, co-founder of the venture capital firm Andreessen Horowitz (a16z). The same company has already launched funds to invest in companies with a focus on Web3.

From crypto & blockchain initiatives in Meta so farmanaged to launch a digital wallet called Novi. The company is already actively testing the solution by integrating it into the WhatsApp messenger. However, even this product met resistance from American politicians.

Let us recall that earlier a group of Democratic senators fromThe United States demanded that the social network suspend work on Novi. The senators felt that the company was “implementing plans related to the digital currency area in too short a time frame,” even though “these plans are incompatible with the real situation in the field of financial regulation.”

In addition to Novi, Meta is also working on its own stablecoin, Diem (formerly Libra). However, at the time of writing, the company is no closer to launching its digital currency.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Huobi	https://huobi.com	7.4
3	Exmo	https://exmo.me	6.9
4	OKEx	https://okex.com	6.5
5	Bybit	https://bybit.com	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Additional features and services— futures, options, staking, NFT marketplace.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• final grade– the average number of points for all indicators determines the place in the ranking.

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