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Breaking: Bitcoin Rival from FB, GlobalCoin, Launches Its Website But It Goes Down: Error 404

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Tue, 18/06/2019 - 9:06
Breaking: Bitcoin Rival from FB, GlobalCoin, Launches Its Website But It Goes Down: Error 404
Cover image via U.Today
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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.

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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.

Related

Error 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.

Article image
https://calibra.com/
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