Interesting video made by Venessa Meimis premiered today at SIBOS Future of Money session.
It looks at the future of facebook which, when you have over a billion people in a community, creates new economies and ecosystems, including new money.
With contributions from a variety of leading thinkers, it's an interesting 10 minute viewing if you have time ...
If not, just note the following from eMarketer:
This means eMarketer is projecting $1.56 billion in facebook credits transactions this year, as facebook takes 30% of each credit transacted on their developer's platforms.
More importantly, facebook credits are tripling in volume each year wich would mean that, if the trend continues, facebook credits will process over $50 billion in transactions in 2014!!!
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...