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YouTube’s new CEO is a proponent of Web3 and the metaverses

YouTube's new CEO is a proponent of Web3 and the metaverses

The new head of YouTube, replacing Susan Wojcicki, стал the video-platform’s chief product officer, Neil Mohan, who backs technologies related to digital assets.

In February 2022 he написал in his blog that the company is exploring ways to integrate Web3, non-fungible tokens (NFT) and метавселенные.

«We believe that new technologies, such as blockchain and NFT, can enable content creators to build deeper relationships with their fans», Mohan noted.

As an example of NFT use, he cited the ability to provide unique photos, videos and posts to subscribers. Mohan called this “an attractive prospect for content creators and their audiences.”

The then YouTube product chief also mentioned metaverses that could help make watching videos “more engaging.” In his view, the technology is still in its early stages, but the platform is already working to drive greater user engagement.

In October 2022, Google, the owner of YouTube, introduced a Web3-focused developer cloud service, Blockchain Node Engine. It is designed to simplify deploying nodes.

In November, Google Cloud announced adding support for the Solana blockchain to Blockchain Node Engine. The service also deployed a node on the project’s network.

In September, Google launched a countdown to the activation of the Merge upgrade on the Ethereum network. Later the search engine began displaying wallet balances of the second-largest cryptocurrency.

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