20:02
Traffic jam:   6
$
92.5919
100.2704

YouTube wants to use NFT to monetise the content it creates

11 February 2022
3008
1 min.
2
YouTube wants to use NFT to monetise the content it creates

NFT and YouTube

Video hosting service YouTube, owned by US company Google, has announced plans to use NFT technology to monetise content created on the platform. This is according to a statement published on the video hosting website on Thursday.

"We believe that new technologies such as blockchain and NFT can allow content creators to establish a deeper relationship with their viewers," YouTube said in the publication.

It is worth noting that as part of the new monetisation strategy, viewers will be able to access videos and photos as well as other content created by bloggers.

"We have a lot to consider to make sure we approach the new technology responsibly, but we believe there is serious potential in it," the video hosting service noted.

However, according to data provided by the video hosting service, as of 2021, the service provides bloggers with at least 10 ways to monetize their content. According to the announcement, the number could increase in the future.

A non-fungible token (NFT) is a digital certificate based on blockchain technology that confirms the ownership of a virtual asset. An NFT is unique and cannot be forged or replaced with another. NFT technology was created in 2017.

Companies2 in the news

YouTube
1 place
Section:
Source foto:
flickr.com

Discussion

Rating companies
Tesla
14 Mention
Instagram
13 Mention
JP Morgan Chase
12 Mention
Walt Disney Company
12 Mention
Ford Motor Company
10 Mention
Netflix
10 Mention
Amazon
9 Mention

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8112689608
Died this year
14292466
Born this year
35161996