Using a triangular facet approximation of a sphere based on Sphere Generation by Paul Bourke.
We take an octahedron and bisect the edges of its facets to form 4 triangles from each triangle.
/\ /\ /\
/ \ / \ /__\
/ \ / \ /\ /\
/ \ /______\ /__\/__\
/ \ /\ /\ /\ /\ /\
/ \ / \ / \ /__\/__\/__\
/ \ / \ / \ /\ /\ /\ /\
/______________\ /______\/______\ /__\/__\/__\/__\
0th generation 1st generation 2nd generation
This happens for every face so 8 times for the first generation.
Between each generation new vertices are pushed to the surface of the sphere.
The number of facets will be $(4^\mathrm{generations}) \cdot 8$
Some facets will share vertices: in the $0^{th}$ generation there are 6 unique vertices (it's an octahedron).
How many unique vertices will there be in the $N^{th}$ generation?
The key is the Euler characteristic formula $$V-E+F = 2.$$
You've already calculated that $F=8\cdot 4^N$. You also know that all of the facets are triangles; that means that each triangle has three half-edges or $3F=2E$. That means $$2V - F = 4$$ or $$V = 2 + 4^{N+1}.$$