Share this article
Watch Facebook's Libra Videos: An Inside Look at the Calibra Wallet
Facebook provided video primers on its new blockchain tech. Here are a few of the best.
By John Biggs
Updated Sep 13, 2021, 9:19 a.m. Published Jun 19, 2019, 4:00 a.m.
Facebook's Libra cryptocurrency has captured the imaginations of experienced blockchainers but how can you explain it to people who don't know much about technology? Thankfully, Facebook posted a few easy-to-follow videos about the Libra ecosystem and even the new Calibra wallet.
First up, we see a short demo of the Calibra app running on iOS. The app looks very similar to other apps like PayPal and Venmo and Facebook will also embed its services into WhatsApp and Messenger. The most interesting thing? You won't need a Facebook account to use Libra.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Next up we have the Libra Ecosystem including a very simple description of blockchain technology. It's definitely a solid primer on what is actually a complex and difficult problem.
Still too complex? This very basic "Blockchain 101" post describes how Libra – and other blockchain-based – cryptocurrencies work.
Finally, we have a brief video about the Libra Association, a non-profit that will manage the cash associated with the project. Think of the Association as a group of non-profits who will aim their do-gooding at various global problems. In short, Facebook is hoping this project not only makes money but helps the unbanked.
Calibra screenshots via Facebook
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
LUNC Surges Over 160% in a Week as Do Kwon Sentencing and Token Burns Draw Traders
The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns.
Lo que debes saber:
- Terra Classic (LUNC) surged 74% to $0.0000072, up 160% in the past week, on exploding trading volume, ahead of Terraform Labs founder Do Kwon's sentencing on Dec. 11.
- The rally is driven by speculation that a final verdict could bring clarity to the project, as well as technical factors like token burns, with 849 million LUNC destroyed in the past week.
- The token's momentum is also fueled by Binance's pause on LUNC withdrawals ahead of the Terra Chain's v2.18 upgrade, which aims to improve network stability, despite the token remaining volatile.
Top Stories
