Many games have already converted Facebook Credits into their own currencies. Confusing conversions. The news follows the launch of Facebook's app centre in the US. The credits were then intended to be used to purchase games or software applications, also referred to as apps, found on the Facebook platform.
Credits were active from around to before being shutdown. Facebook credits were intended to be used to buy intangible goods such as in-game or in-app virtual gifts, parcels of virtual real estate, virtual weapons, tools, and "animals" in platform-based video games or applications. The platform's beta stage ended around January , at which point Facebook announced that it was requiring all Facebook game developers to process transactions exclusively with Facebook credits. By the end of this virtual money was backed by the government-issued currencies of over 50 different countries.
However, Facebook announced in that it was shutting down Facebook credits and converting any funds accrued by users to their local fiat currencies. In , Facebook announced that it was re-visiting the idea of a platform-specific digital currency that could be utilized by users from any country called Libra. This iteration, unlike Credits, is intended to be based on blockchain technology and function like a cryptocurrency such as Bitcoin. The goal is to create a stablecoin against a basked of fiat currencies, and who whose value does not fluctuate much.
Moreover, Libra is intended to be backed by several large financial and payments companies such as PayPal, Visa, and MasterCard - although many of these corporate alliances have already faltered. The Libra project has also undergone scrutiny by regulators and policymakers as well as pushback from the larger cryptocurrency community who claim that it is not as secure or technology sound as the company makes it out to be. Facebook for Developers. Company Profiles.
Top Stocks. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. Next, provide information that specifically relates to your business eg. Now click the button Business Manager Configuration top left , expand the menu Account placed on the left sidebar and click on the item Pages. However, if you already have a page, all you have to do is add it to your account by clicking on the text Add a page present in the same menu and following the instructions on the screen.
More info here. If you are lucky, after a certain number of regular promotions, Facebook could assign one or more credits to your advertising account: in this case, you will be notified by email, at the address specified when creating your advertising account. Receive Facebook credits through partnerships between Facebook and third parties is the second way of receive coupons advertising that will be used to invest in advertising on the social network.
Facebook, in fact, has several official partners that offer advertising discounts on Facebook if advertisers decide to buy their products or services. These are generally made available to new customers of the partners in question, although there are occasional promotions accessible to all. Unfortunately, Facebook has not produced an official list containing the names of its partners and for this reason I cannot tell you which sites and online services actually offer advertising coupons that can be spent on Facebook.
Therefore, to find them, I suggest you do some research online, perhaps using the terms «Services to obtain coupons or advertising credits from facebook» o "Facebook partner for ad credits". Once you have identified one or more services capable of obtaining advertising credits that can be spent on Facebook, carefully evaluate the terms and conditions of use of the services in question and, above all, if they are resources that can really be used for your business. At the end of this reading, would you like to delve into the topic of Facebook ad credits?
In this case, for more information, I suggest you go to this page in the Facebook Business Help Center : there you can find other details that will undoubtedly be useful to you. Consequence of Sound. Yahoo Canada Style. The Wrap. The Telegraph. The Daily Beast. Entertainment Weekly. Rolling Stone.
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