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Breaking: Bitcoin Rival from FB, GlobalCoin, Launches Its Website But It Goes Down: Error 404
This week Mark Zuckerberg is expected to reveal details about his new brainchild – GlobalCoin pegged to a basket of fiat currencies, USD and EUR, perhaps a few others.
The presence of big-name investors intrigues the crypto community, as well as traditional investors.
Zuck’s modest ambitions in the crypto industry
Due to several scandals to do with user-data that Mark Zuckerberg and his social media giant have had, his intentions of penetrating the crypto sphere seem modest – no speculative coins are to be made.
All that he wants is a payment token for internal use within Facebook’s Messenger and Instagram and also possibly for payments for its new partners’ goods and services.
As U.Today reported previously, among the giants that have been named as investors of the Libra project are Uber, Spotify, eBay and several others.
Alex DovbnyaError 404
Today, a website calibra.com has been launched by the Libra project team. Probably it was meant to present the long-anticipated details about the GlobalCoin currency.
However, at the time of writing this the website is down, reporting error 404.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
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