27/01/2022 YouTube CEO hints at potential NFT features

Susan Wojcicki says the company is looking to ā€˜help creators capitalize on emerging technologiesā€™

Illustration by Alex Castro / The Verge

YouTube NFTs may be in the works. In a letter published today, YouTube CEO Susan Wojcicki suggested the company is looking to branch into NFTs in the future as another source of revenue for creators.

ā€œWeā€™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,ā€ the letter reads.

The detail was part of Wojcickiā€™s latest letter to the YouTube community, which outlines areas the company plans to invest in, like gaming and shopping, and how it plans to support creators. Wojcicki said YouTube is looking to Web3 ā€œas a source of inspiration,ā€ specifically noting the opportunities with crypto, decentralized autonomous organizations (DAOs), and NFTs.

YouTubeā€™s hints at possible NFTs are in line with other platforms that have recently rolled out their own versions or are rumored to be considering an NFT feature. Twitter now offers a way for users who own a special JPEG to ā€œshow off your prized possessionsā€ via ahexagonal profile picture. Meta, which owns Facebook and Instagram, is said to bepreparing something similarwhere users can display the tokens they own. A marketplace for NFTs is also reportedly in the works.

Creators of a few viral YouTube videos have already made them into NFTs and sold them on their own

YouTube did not provide additional details on what NFT features could look like at the company.

Creators of a few viral YouTube videos have already made them into NFTs and sold them on their own. The Charlie Bit Me NFT, depicting a baby biting his brotherā€™s finger, was auctioned off last year,selling for $761,000. David After Dentist, a video of a disoriented child post-anesthesia, wassold as an NFTfor over $11,000.

Arts

https://www.theverge.com/2022/1/25/22899586/youtube-nfts-crypto-susan-wojcicki

Interesting NFTs
Charles
Uh, hi! I'm Charles. I've never told anyone this, but I once loved a dog. When my owner isn't watching, I steal their clutches and use them for litter paper. I'm not sorry. Can you make my raunchy dreams come true?
Do Nothing (new variant) #7/15
Sometimes
My Other Half | Inspired by Minecraft: The Last Minecart (2011)
Almost every year, we capture ourselves in a way that no photo or video is capable of: with a photoscan. If you dig through our archives, you'll find many of them and can see exactly how we change over time. Sam Gorski, Creator | I wanted to find the oldest scan of myself and put him side-by-side with Sam from the present. While it is hard to look at it and not miss the years past, at the same time, this gives me hope for the future by embracing and cherishing the change in my life. How would I have gotten this far without him? About This Piece | Sam on the left was captured in 2014, while Sam on the right was captured last week (2021). This work represents the personal, creative, and emotional journey in all of us, and the hope that ourselves tomorrow may be better than ourselves today.
David vs the Virus
"An ode to the year everything changed" - Frank Wilder The story of the underdog is a reoccurring theme throughout history, and perhaps the most famous example is that of David vs Goliath. A tale about perseverance, in which David takes on and defeats the giant warrior using only his smarts and a stone. Famously depicted by Michelangelo's David statue. Fast forward to the present day in 2020 and we as humanity are faced with our own Goliath. An uncontrollable pandemic spread around the globe. Now with the entire planet being affected by this we understand the gravity of the situation at hand, whether it be a virus weā€™re fighting or other forces at play, there is indeed an energy out to shift the balance of the Universeā€¦ Regardless of our differences, in this moment must unite as one. With diligence, trust and belief we as a whole can come together to triumph against "the enemy". Stay vigilant my friends. Original score created by the one and only Phoenix Wilder.
Poem by Dainagon Tsunenobu, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Dainagon Tsunenobu, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan