Popular video sharing platform YouTube, is reportedly consider adding Non-Fungible Token (NFT) features for its video creators. This is according to a letter its Chief Executive Officer (CEO); Susan Wojcicki, released to its broadcasters.
The CEO stated in the letter that, “We’re always focused on expanding the YouTube ecosystem to help creators capitalize on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube.”
This will be YouTube and by extension Google’s first entry into the world of digital collectibles.
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Google also hired the services of a former executive at PayPal to be in charge of its payments services which will include Cryptocurrencies.
The news is coming at a time when a number of social media platforms have also entered into the Non-Fungible Token (NFT) space.
Meta for example, is said to be working on creating its very own Non-Fungible Token (NFT) marketplace for its users and Twitter recently launched a feature that makes it possible for its users to officially verify Non-Fungible Tokens (NFTs) used as their profile pictures or Avatars on the platform.
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