It is good that Facebook had now made it official that they are coming into the crypto space, this is a very good news for the crypto community because it just shows that we cannot be beaten and this is why they are now trying to join us, I remember Facebook blocking all of the ad related to crypto on it's platform but now have to life that ban because they are missing millions of dollars, let's just keep watching.
Can you explain further why this could be good news for crypto community? Those people behind are very intelligent and doesn't have that "if you can't beat them, join them" attitude. Their coins has some purpose, either to take a slice of the pie, or be a competitor of some major centralizes coins right now. It will not be another bitcoin, but another token for Facebook purpose only.