YouTube Has a New CEO Who Favors Web 3.0 Technology
Neal Mohan, who has become YouTube's new CEO, has hinted in the past that NFTs could be another source of revenue for creators.
This week, Google-owned YouTube saw the departure of Susan Wojcicki as CEO and the appointment of Neal Mohan, a fan of Web 3.0 technology.
After nine years, Wojcicki stepped down from the helm of YouTube on February 16, 2023, and outlined her plans for the future, focusing on family, health, and personal projects. During her time at YouTube, she oversaw many projects, including introducing a revenue-sharing model.
However, she will still be an advisor to Google's parent company Alphabet Inc.
Before being named CEO, Neal Mohan served as YouTube's Chief Product Officer, where he oversaw things like the removal of the dislike button on videos and introducing YouTube Music and YouTube Shorts to compete with China's Tik Tok platform.
Back in February 2022, Mohan mentioned plans to integrate many of the new features associated with Web 3.0. These new features include Metaverse-based content experiences and content tokenization via NFT. The community of NFT opponents was dismayed by this plan of Mohan's.
Mohan mainly pointed out that NFTs could provide many creators with a new way to work with their audiences and bring in new sources of revenue. For example, he cited the ability of artists to tokenize their videos, photographs, artwork, and experiences.
On February 10, 2022, Mohan was featured in a blog post titled "Web 3.0 also opens up new possibilities for creators. We believe new technologies like blockchain and NFT can enable creators to build deeper relationships with their fans. Together, they will be able to collaborate on new projects and make money in ways that weren't possible before,"
The launch of the Web 3.0 plans was supposed to happen last year, but it didn't. However, with Mohan now running YouTube, these plans may come to fruition soon.
Shortly after the announcement that Neal Mohan had been installed as CEO of YouTube, there were quite a few FUD (Fear, Uncertainty, Doubt) posts on Twitter from skeptics and opponents of NFT, who are usually the first to post damning posts related to the introduction of new technologies into already established platforms.
Source: cointelegraph.com
analyst opinion
Jakub Odvářka
This week, Google-owned YouTube saw the departure of Susan Wojcicki as CEO and the appointment of Neal Mohan, a fan of Web 3.0 technology.
After nine years, Wojcicki stepped down from the helm of YouTube on February 16, 2023, and outlined her plans for the future, focusing on family, health, and personal projects. During her time at YouTube, she oversaw many projects, including introducing a revenue-sharing model.
However, she will still be an advisor to Google's parent company Alphabet Inc.
Before being named CEO, Neal Mohan served as YouTube's Chief Product Officer, where he oversaw things like the removal of the dislike button on videos and introducing YouTube Music and YouTube Shorts to compete with China's Tik Tok platform.
Back in February 2022, Mohan mentioned plans to integrate many of the new features associated with Web 3.0. These new features include Metaverse-based content experiences and content tokenization via NFT. The community of NFT opponents was dismayed by this plan of Mohan's.
Mohan mainly pointed out that NFTs could provide many creators with a new way to work with their audiences and bring in new sources of revenue. For example, he cited the ability of artists to tokenize their videos, photographs, artwork, and experiences.
On February 10, 2022, Mohan was featured in a blog post titled "Web 3.0 also opens up new possibilities for creators. We believe new technologies like blockchain and NFT can enable creators to build deeper relationships with their fans. Together, they will be able to collaborate on new projects and make money in ways that weren't possible before,"
The launch of the Web 3.0 plans was supposed to happen last year, but it didn't. However, with Mohan now running YouTube, these plans may come to fruition soon.
Shortly after the announcement that Neal Mohan had been installed as CEO of YouTube, there were quite a few FUD (Fear, Uncertainty, Doubt) posts on Twitter from skeptics and opponents of NFT, who are usually the first to post damning posts related to the introduction of new technologies into already established platforms.
Source: cointelegraph.com
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