With Neal Mohan as its new CEO, YouTube’s video-sharing service is about to embark on an exciting new phase. Mohan is prepared to introduce Web3 technologies, such as NFTs and the metaverse, with his Web3-friendly vision, building on his reputation for being open-minded about the growth of the internet and its platforms.
New YouTube CEO Sets Sights On Web3 Tech Integration With NFTs And Metaverse
Neal Mohan, the Chief Product Officer of YouTube for over seven years, was recently selected to succeed Susan Wojcicki as CEO of the video-sharing website. Given Mohan’s reputation for maintaining an open mind about the growth of the internet and its platforms, this leadership shift has delighted supporters and proponents of Web3 technologies.
Wojcicki lauded Mohan for his crucial role in introducing new products like YouTube TV and YouTube Music, as well as his grasp of YouTube’s user, creator, and business communities in a blog post announcing her resignation. Mohan has stated his desire to explore Web3’s potential, which includes blockchain-based applications like NFTs and the metaverse, to help creators strengthen their bonds with fans during his tenure at YouTube.
According to Mohan, new forms of collaboration between audiences and creators might be made possible by blockchain and NFTs, letting fans own exclusive content and experiences from their favorite creators. Mohan said that even if the metaverse is still emerging, YouTube should increase interactions and give games a far more dynamic atmosphere.
New YouTube CEO Neal Mohan Brings Web3-Friendly Vision to Platform
Throughout the past year, Google, the company that owns YouTube, has also demonstrated a greater interest in Web3 services, launching the Blockchain Node Engine, a cloud-based tool for Ethereum projects and developers. This solution offers outstanding dependability, performance, and security while hosting and managing individual nodes contributing to a blockchain’s network.
Furthermore, a number of well-known employees of YouTube have embraced Web3, including former Global Head of Games Ryan Wyatt, who left to become CEO of Polygon Studios in February 2022. Web3 seeks to enhance Ethereum’s interoperability and scalability with its sidechain technology.
Although there are no current plans to incorporate Web3 technologies into YouTube, Neal Mohan’s hiring as CEO signals that there may soon be a renewed effort. Given Mohan’s stated interest in learning more about cutting-edge technical advancements, it’s probable that Web3 projects may soon take precedence on the platform.
