Cryptocurrencies opened the gates to an impressive business development opportunity and every day new companies large and small adapt their investment models to incorporate the use of blockchain technologies and acceptance of cryptocurrencies as mechanisms to promote their growth and efficiency.
Although Facebook announced its plans to create a stablecoin to facilitate payments among users, it seems that the social media Behemoth is not fast enough, as VKontakte, its main competitor in Russia, Ukraine, and the Baltic States not only announced similar plans but has already implemented them – and with great success.
According to an announcement published on its official website (https://vk.com/pay)t Vkontakte developed its own cryptocurrency called VK Coin. It serves (for now) to cash its value for certain discounts or cash advances:
In the “Store,” those owning VK Coins will soon be able to exchange their tokens with other users or for certain discounts.
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Jose Antonio Lanz