I did a whole chapter on how money will evolve into social media platforms in the future.
Thought I would share this interesting take with you here as it features a few of my friends…
Facebook ad revenue is growing fast, but its currency system, called “Credits,” is growing even faster.
Facebook will collect revenue of $470 million this year from Credits alone, according to a new estimate from eMarketer, up from $140 million in 2010.
Facebook in July began requiring that all merchants in its ecosystem use the Credits currency. The social network takes 30% of all transactions.
While advertising remains Facebook’s biggest source of revenue, the Credits program now accounts for 11% of Facebook revenue
Anyway, thought it was worthÂ sharingÂ as it interested me, to keep you in the loop, the new book has just made it’s way to the publishers and is with the designers now. It will be called ‘Bank To The Future: Get Ready To Make Money In The Final Collapse’ and is meant as guide to your future as we transition to the socialism of money under banking reform.
WillÂ updateÂ you shortly.
P.S. If you would like to be notified about the book launch leave your details at BankTo The Future.com hereSimon Dixon
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