YouTube wants to help content creators capitalize on NFTs

YouTube is exploring the idea of helping its content creators to capitalize on NFTs, according to YouTube CEO Susan Wojcicki in an annual letter to content creators, as reported by Bloomberg.

“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,” said Wojcicki.

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She added that YouTube was taking Web3 as a "source of inspiration."

YouTube isn't the only platform to consider embracing NFTs. Twitter recently rolled out verification for people who have their NFTs as profile pictures to show that they own them. Users can now prove ownership of their NFTs, which then appear in a hexagon shape. (Although Elon Musk isn't a fan.)

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Tim is the Editor-In-Chief of The Block. Prior to joining The Block, Tim was a news editor at Decrypt. He has earned a bachelor's degree in philosophy from the University of York and studied news journalism at Press Association Training. Follow him on X @Timccopeland.