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YouTube opens the door to NFTs

YouTube opens the door to NFTs

NFTs are certainly among the most emerging technologies at present. The well-known digital property identifiers have also aroused official interest from YouTube, the colossal multimedia streaming platform.

After the interest shown by Instagram and Facebook, YouTube is also very interested in NFT technology. Company CEO Susan Wojcicki said the company is always interested in new technologies to expand its ecosystem, including NFTs.

These could further help creators on the platform strengthen ownership and value on the content they create. That statement is included in a letter shared by YouTube's CEO, outlining the areas the company intends to invest in , such as games and purchases, and how it intends to support creators.

The company also reported carefully monitoring the development of aspects such as cryptocurrencies , decentralized autonomous organizations and NFTs. At the moment the exact plans according to which YouTube intends to integrate the NFTs have not been shared .

Source: The Verge
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