YouTube CEO Hints at Potential NFT Integration

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Key Takeaways

At present, YouTube CEO Susan Wojcicki printed a letter outlining the corporate’s priorities for 2022.
In keeping with the letter, YouTube intently watches the Web3 house as a “supply of inspiration.”
The corporate can be exploring including NFT options to offer an extra income to its content material creators.

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YouTube CEO Susan Wojcicki revealed immediately that the corporate is wanting into NFTs as a attainable manner to assist content material creators capitalize on rising applied sciences.YouTube Could Combine NFTs in 2022Web3 is educating YouTube classes.In a letter printed immediately, YouTube CEO Susan Wojcicki revealed that the corporate is exploring including NFT options so as to doubtlessly present its content material creators with one other income. She stated:
“We’re all the time targeted on increasing the YouTube ecosystem to assist creators capitalize on rising applied sciences, together with issues like NFTs, whereas persevering with to strengthen and improve the experiences creators and followers have on YouTube.”She additionally added that YouTube has been “following every part taking place in Web3 as a supply of inspiration,” particularly noting the alternatives that crypto, decentralized autonomous organizations, and non-fungible tokens have made out there to creators.The assertion on Web3 and NFTs was a part of Wojcicki’s letter to the YouTube group outlining the corporate’s priorities for 2022. In addition to the potential NFT integration, the corporate can be seeking to increase extra into the gaming, buying, studying, and podcasting niches.Although Wojcicki didn’t share any specifics regarding YouTube’s potential foray into NFTs, it marks the primary time Alphabet Inc., the father or mother firm of Google and YouTube, is getting concerned in digital collectibles.A number of different content material sharing and creation firms have already jumped on the development. Meta-owned Fb and Instagram are reportedly already exploring NFT integrations as a part of the conglomerate’s growth into the Metaverse. However, Twitter has allowed NFT collectors to confirm and show their digital collectibles as hexagonal profile photos on the platform.Wojcicki’s letter additionally indicators a possible change of coronary heart in the direction of the crypto trade for the corporate. Specifically, the world’s largest video streaming platform had beforehand gained notoriety amongst the crypto group for censoring and deleting the channels of many crypto influencers on the platform, together with Ivan on Tech, Bitboy, Professional Blockchain, Tone Vays, and others.Disclosure: On the time of writing, the writer of this function owned ETH and several other different cryptocurrencies.

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