YouTube Expands Approach Towards NFTs

YouTube has recently announced its interest in incorporating itself in NFTs and has just elaborated on its stance.

Their announcement states that “Web3 opens up new opportunities for creators” and allows them to build “deeper relationships with their fans”. The platform also brought up a system for its users to own “unique videos, photos, art and experiences from their favorite creators” through NFT technology.

Whether or not YouTube will end up adding NFTs to their platform is still debatable, but it is certainly an interesting possibility to look out for in the coming months.

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