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Google’s YouTube steps into the Web3 World with new CEO

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On February 18, Google\’s YouTube has appointed Neal Mohan, a Web3 friendly executive, as its new CEO. It is reported that Mohan served as the chief product off…

Googles YouTube steps into the Web3 World with new CEO

On February 18, Google’s YouTube has appointed Neal Mohan, a Web3 friendly executive, as its new CEO. It is reported that Mohan served as the chief product officer of YouTube before becoming the new CEO. In terms of Web3, Mohan outlined the tentative plan for February 2022 to integrate a series of new functions, such as content experience based on Metaverse and content tokenization through NFT.

YouTube has appointed Web3 friendly executives as its new CEO

Interpretation of the news:


Google’s move to appoint Neal Mohan as the new CEO of YouTube is a clear indication of the company’s intent to expand its footprint in the rapidly growing world of Web3. Mohan’s track record as the chief product officer of YouTube before his appointment as CEO makes him an ideal candidate to take the video sharing platform to new heights.

Mohan’s announcement of the tentative plan to integrate a series of new functions on YouTube in February 2022 is particularly noteworthy. These new functions, including content experience based on Metaverse and content tokenization through NFT, are aimed at enhancing the platform’s user experience and provide new ways for creators to monetize their content.

The concept of Metaverse is a virtual world where users can interact with each other in real-time, accessing and creating digital assets. YouTube’s integration of Metaverse will allow users to enjoy an immersive and engaging experience. From watching live events to interacting with other users, Metaverse integration will take YouTube to the next level.

On the other hand, content tokenization using NFTs will allow creators to have ownership and control over their content. With NFTs, creators can tokenize their content, making it one-of-a-kind and valuable. This will enable creators to monetize their content and generate revenue streams apart from ad revenue.

YouTube’s move into the Web3 world will not just benefit users and creators but also bring in new revenue streams for the company. With traditional advertising revenue models becoming saturated, expanding into alternative revenue streams is a smart move for YouTube. Moreover, this move will also help in growing YouTube’s user base as Web3 technology is becoming ubiquitous.

In conclusion, YouTube’s appointment of Neal Mohan as its new CEO and tentative plans to integrate Web3 technology into its platform are a step in the right direction. The company’s move to embrace Metaverse and NFTs will enhance user interaction and experiences while providing new revenue streams for creators. It will also enable YouTube to stay ahead of the curve and remain relevant in the ever-changing digital landscape.

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