YouTube announced the integration of NFTs
Non-fungible tokens will make it easier to identify video authors as well as add another way to monetize content for its creators
28.05.2022 - 09:25
466
2 min
0
What’s new? YouTube, the largest international video hosting site, plans to integrate NFTs into its platform. In an interview with BlockWorks, YouTube CEO Susan Wojcicki said that the non-fungible tokens will make it easier to identify video authors as well as add another way to monetize content for its creators.
Youtube CEO on why they will integrate NFTs pic.twitter.com/eo9W8mTHnQ— Blockworks (@Blockworks_) May 26, 2022
What else does Wojcicki say? The platform’s representatives first announced plans to implement NFTs in January 2022. According to the CEO, the decision to integrate non-fungible tokens was made due to strong demand from content creators for this technology. Wojcicki also noted that this initiative will help protect copyrights and prevent content from being sold on third-party platforms without the creators’ permission.
What events happened before? In October 2021, the short video service TikTok released an NFT collection called Top Moments, which was created with the participation of famous bloggers.
In mid-May, VKontakte representatives revealed plans to launch an NFT marketplace. Users would be able to create their own non-fungible tokens on it. VKontakte is working to ensure the protection of copyrighted content and the earnings of its creators.
In early May, the Vatican announced a joint project between its own non-profit organization Humanity 2.0 and Sensorium, a VR solutions developer, to create an NFT gallery. With this project, the Vatican intends to “democratize art” and provide access to the masterpieces in its collection for viewers from around the world.
Useful material?
Telegram 
Twitter Market
Earlier, Trump promised to include the first cryptocurrency in the country’s reserves if re-elected as president
Nov 7, 2024
Incidents
According to the publication, the platform’s activities fall under the definition of gambling
Nov 7, 2024
Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Cryptocurrency rates
-
Bitcoin
$75 802
BTC
+0.82%
-
Ethereum
$2 898.54
ETH
+1.27%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$0.549138
XRP
-3.07%
-
Dogecoin
$0.192955
DOGE
-0.93%
-
Cardano
$0.417668
ADA
+11.19%
-
Bitcoin Cash
$375.9
BCH
-1.3%
-
Polkadot
$4.14
DOT
-0.84%
-
Litecoin
$70.96
LTC
-0.64%
-
Stellar XLM
$0.101297
XLM
+2%