Facebook is working on an algorithm that could be used to make tokens more valuable on the platform.
The company’s Chief Security Officer Patrick Sullivan revealed at the RSA conference that the company is working with social media company LinkedIn, Twitter, and others to create a token that will be worth different amounts depending on the type of content users share on the social network.
Sullivan explained that this token would be a sort of “smart contract” that could automatically determine how much of a token is worth depending on how much content users post on the platforms.
The social network has a ton of content on the network, which can be shared across different platforms, and so this token could be a way for users to share the same content on multiple platforms, Sullivan said.
For example, an example could be sharing an article on Twitter, but the content could also be shared on LinkedIn, or shared on Facebook.
If users share multiple pieces of content with each other, the token would determine the value of the piece of content based on how many people have shared it.
The token would then reward those who have shared the content more than the value associated with the piece.
The tokens could also serve as a way to reward people who post content more often than other users, for example, or who share more than a certain amount of content per day.
The tokens could even act as a kind of currency.
This would be an exciting way for social networks to provide new ways for content creators to monetize their content.
It could also help make social networks more interesting and relevant to their users.
Facebook and Google are also working on ways to use a smart contract to make the tokens more fungible.
Sullivan said the company wants to develop a “universal” token, which would be something that could replace a lot of existing social networks and tokens, but would be able to be used on multiple social platforms and allow users to transfer the tokens back and forth.
This would also mean the token could also act as currency on the other side of the social networks.
Sullivan also discussed the possibility of tokens being used to facilitate payments on the site.
There are currently some token holders who want to have their tokens be able have their payment options on the service, which could be useful if they wanted to have a more secure payment system on their website.
This could be especially helpful if the token was to be traded for something else, like a smartphone or a game console.
The token could help to incentivize users to post more content on a social network to make money, but it could also make it easier for users on other platforms to share content and monetize the content.
For example, a token could act as an insurance policy for content that is shared more than certain amount on other networks, such as a movie or a song.
For now, it’s still too early to say what kind of future Facebook and Google tokens will have, but Sullivan said they have a lot in mind for the tokens.
The company is also exploring other tokens for the future, including ones that would be used as a form of currency on other social networks like Spotify, and on other sites like Twitter.