Connect with us

Crypto News

YouTube Planned To Introduce NFTs content creators

YouTube looking to introduce NFTs for content creators in 2022

Published

on


In a letter addressed to creators on the platform earlier today, CEO Susan Wojcicki outlined initial details on how creators benefit from the addition of non-fungible token features.

Wojcicki also touched on how YouTube has been following “everything happening in Web3” and how it views the space as a “source of inspiration” for the company. In addition, she suggested that the technology could introduce a new revenue stream for platform creators.

Web3 – which many in the crypto industry believe will introduce a more decentralised and fair internet – has seen a surge of development interest thanks to its building models and its influence in the NFT space.

Little more was revealed about the plans, but Wojcicki suggested that both Web3 and NFTs ccould introduce new possibilities for YouTube creators.

Advertisement

“The past year in the world of crypto, non-fungible tokens (NFTs), and even decentralised autonomous organisations (DAOs) has highlighted a previously unimaginable opportunity to grow the connection between creators and their fans,” she said in the Tuesday letter.

“We’re always focused on expanding the YouTube ecosystem to help creators capitalise on emerging technologies, including things like NFTs, while continuing to strengthen and enhance the experiences creators and fans have on YouTube.”

The move into NFTs would mark the first time YouTube and parent company Google’s first venture into digital collectables, and is perhaps spurred on by the spate of platforms and brands moving swiftly to capitalise on non-fungible tokens.

Other leading social media platforms have moved into introducing NFT features too. Twitter introduced hexagonal NFT profile pictures earlier this week for its NFT-crazed community alongside reports that Meta and Instagram are working on plans to introduce NFT features to their platforms.

Advertisement

Crypto News

Algorand Has Appointed JPMorgan high-flyer Staci Warden As Its New CEO.

Algorand appoints new CEO Staci Warden

Published

on

By

Warden has been a member of the Algorand Foundation Board since September 2021 following a glittering career with JPMorgan, the Nasdaq stock exchange, and the US Treasury Department.

Algorand is actively targeting ecosystem growth in niches such as global crypto payment platforms, DeFi and NFTs. It is hoped Warden’s appointment will catalyse this expansion.

Speaking on the ALGO appointment, Staci Warden highlighted opportunities in the developing world alongside a commitment to the future of DeFi.

“I am excited to build on everything the Foundation has achieved to date, and will be focused on scaling our commitment to our community and our global partners,” she said.

Advertisement

“1.7 billion people in the world do not have access to finance, and the Algorand protocol has the speed, the security, and the decentralisation to address the problem of global financial inclusion at scale.

“By both ratcheting up our global ambitions as well as doubling down on our commitment to the DeFi ecosystem, I know that we will deliver tremendous value for both the Algorand ecosystem as a whole and the end-users it supports.”


The appointment of a new CEO marks an end to the leadership of outgoing Algorand CEO Sean Lee.

Lee served as CEO of the blockchain for 18 months and played a pivotal role in cementing Algorand’s market position throughout the sensational explosion in crypto markets in 2021.

During his time at the helm of Algorand, Lee prioritised community governance and sewed the seeds for the future of the ALGO ecosystem through the Accelerated Vesting program and launch of Viridis and Aeneas DeFi funding programs.

Advertisement

Commenting on his departure, Lee revealed he will be moving on to other projects in the crypto industry.

“I’ve decided to leave the Algorand Foundation to pursue new opportunities in the blockchain space,” said Lee.

“Seeing the transformative potential of the applications being built on Algorand, now is the time for me to explore those avenues.

“I have deep confidence in Staci’s ability to lead the Algorand Foundation and the Algorand ecosystem through its next growth phase.”

Advertisement
Continue Reading

Crypto News

Manchester United selects Tezos as official blockchain partner

Manchester United selects Tezos as official blockchain partner

Published

on

By

Manchester United has today announced a landmark multi-year partnership that will see Tezos featured on the Club’s range of men’s and women’s training kits.

Tezos-branded training kit will be worn by the first team squad prior to this weekend’s match against Southampton, introducing Manchester United fans to the partnership and Web3 technology through the Tezos blockchain.

Victoria Timpson, Manchester United’s CEO of Alliances and Partnerships, said it was an exciting partnership for Manchester United “because it aligns us with one of the most advanced, reliable and sustainable blockchains in an area of technology which promises to truly revolutionise the way that everyone, including the club and our fans, can interact”.

“We are especially pleased to be partnering with one of the most eco-friendly blockchains, using technology that is energy-efficient, limits carbon emissions and lowers costs, consistent with the Club’s wider efforts to promote environmental sustainability,” she said.

Advertisement

“Partnerships are at the core of our strength as a club, supporting the drive for success on the pitch, and we are delighted to welcome Tezos as the latest industry leader to join our family of partners.”

Edward Adlard, Head of Adoption and Business Development, Tezos Ecosystem added that, throughout its history, Manchester United had constantly evolved, with the support of its global community of fans and partners.

“Tezos will enable Manchester United to use blockchain and Web3 to transform fan, player, team, and partner engagement,” he said.

“The decision by the world’s greatest football club to select Tezos as its blockchain of choice is further validation that thoughtful design paired with strong security, low gas fees, and community-led innovation are the essential factors driving the next wave of adoption in the new digital revolution.”

In addition to the Tezos branding on the club’s training kit, the partnership will also include several new fan experiences built on the Tezos blockchain and a pledge to support Manchester United Foundation with ongoing donations in TEZ – the native currency of the Tezos blockchain – to train, educate and inspire young people within the local community.

Advertisement

Continue Reading

Crypto News

Shiba Inu Announces Virtual Real Estate on Shiberse Ecosystem

Shiba Inu Announces Virtual Real Estate on Shiberse Ecosystem

Published

on

By

In an attempt to enter the metaverse in 2022, the meme coin Shiba Inu has unfurled its virtual real estate ‘Shiba Lands’. The new realm of real estate will be available for public auction or purchase soon.

In this new venture, SHIB token holders can own a part of the Shiberse metaverse. Meanwhile, the meme coin has yet to confirm the advantages of owning the lands in its metaverse. So far, the project said that people owning land in Shiba Real Estate would gain a lot of benefits.

As tweeted by Watcher Guru, a media covering crypto news, Shiba Inu will declare the purchase period of virtual real estate soon.


To prevent high gas fees, which happened in the Shiboshi NFT launch 2021, the Shiberse ecosystem will create a queue system for its land release. The queue system can process the sale more smoothly and in a much fair manner for customers.

Advertisement

LEASH coin holders will get priority access to the queue in the first period of land release. Afterward, the queue will be open to the public.

Shiba Inu has stated in its blog ShibaSwap:

This queue allows exclusivity by requiring interested parties to hold “$LEASH“, which gives priority and exclusive access to this first selling phase of the land plots in our Metaverse. In addition to the queue, we also have worked on an anti-dump system in order to protect $LEASH holders. The remaining lands will then unlock, and become available for the public after this exclusive selling process finalizes.

To highlight, the Shiba Land properties will initially be auctioned. Here, users can bid their land and location soon after the project announces the date of auction.

Earlier, virtual platforms like Decentraland, Gala Games, Sandbox, and Axie Infinity had fixed their position in the metaverse. Now, Shiberse has marked its growth in the metaverse which plows for more competition among other meta platforms.

Advertisement

Despite being the latest entry to the metaverse, Shiba Inu has gained wide attention from investors who believe in its developing potential.

Continue Reading

Top posts

Shiba Inu: This new update might end FUD surrounding Shibarium Shiba Inu: This new update might end FUD surrounding Shibarium
altcoin54 mins ago

Shiba Inu: This new update might end FUD surrounding Shibarium

The chain ID of the Shibarium testnet was a source of significant FUD. Daily transactions on the test network zoomed...

Polkadot [DOT]: Pall of uncertainty over price despite surging metrics Polkadot [DOT]: Pall of uncertainty over price despite surging metrics
altcoin2 hours ago

Polkadot [DOT]: Pall of uncertainty over price despite surging metrics

Polkadot was the blockchain network with the highest development activity in the last 30 days. DOT traded within a narrow...

Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe In US, Report Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe In US, Report
Bank3 hours ago

Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe In US, Report

Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade...

NFT Sales Drop 5.4% To $193M, Ethereum Dominates With $107M In Sales: Weekly Recap NFT Sales Drop 5.4% To $193M, Ethereum Dominates With $107M In Sales: Weekly Recap
Art5 hours ago

NFT Sales Drop 5.4% To $193M, Ethereum Dominates With $107M In Sales: Weekly Recap

Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum...

Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
addresses7 hours ago

Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop

Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market...

Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath
Banking9 hours ago

Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath

Billionaire Tim Draper tells businesses to hold Bitcoin in the SVB aftermath Assad Jafri · 1 hour ago · 2...

Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 To Start The Weekend Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 To Start The Weekend
Analysis12 hours ago

Bitcoin, Ethereum Technical Analysis: BTC Fall Towards $27,000 To Start The Weekend

Bitcoin moved close to a breakout below $27,000 on Saturday, as markets moved lower following a volatile week of trading....

Crypto scams, exploits down 71% YoY as $370M lost since January Crypto scams, exploits down 71% YoY as $370M lost since January
Analysis12 hours ago

Crypto scams, exploits down 71% YoY as $370M lost since January

Crypto scams, exploits down 71% YoY as $370M lost since January Zeynep Geylan · 3 hours ago · 2 min...

US Banking Crisis: Nigerian Banks Not Directly Exposed To SVB Says Central Bank Governor US Banking Crisis: Nigerian Banks Not Directly Exposed To SVB Says Central Bank Governor
Africa16 hours ago

US Banking Crisis: Nigerian Banks Not Directly Exposed To SVB Says Central Bank Governor

A recent review of Nigerian banks’ bond portfolios showed that the institutions were not directly exposed to Silicon Valley Bank,...

zkSync Era goes live to become world’s first zkEVM mainnet; users await AirDrop zkSync Era goes live to become world’s first zkEVM mainnet; users await AirDrop
altcoin18 hours ago

zkSync Era goes live to become world’s first zkEVM mainnet; users await AirDrop

With the zkSync Era launch, all users can build on the network and bridge funds to the system. 9% of...

Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her
crypto exchange19 hours ago

Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her

Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the...

Polygon [MATIC] sees uptick in these metrics, what does the future hold Polygon [MATIC] sees uptick in these metrics, what does the future hold
altcoin21 hours ago

Polygon [MATIC] sees uptick in these metrics, what does the future hold

MATIC transaction surged considerably, and accumulation also increased.  NFT space witnessed decline and market indicators were bearish.  Polygon [MATIC] witnessed...

Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed support Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed support
Memecoins23 hours ago

Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed support

Dogecoin dev tool update adds QR codes, moon phases, BIP-39 seed support Mike Dalton · 1 min ago · 1...

Justin Sun: Huobi believes SEC impact is over Justin Sun: Huobi believes SEC impact is over
Exchanges23 hours ago

Justin Sun: Huobi believes SEC impact is over

Justin Sun: Huobi believes SEC impact is over Mike Dalton · 6 mins ago · 1 min read The Huobi...

Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in… Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in…
Adidas1 day ago

Analyzing Q1 Metaverse NFT report card; Otherdeed saw 200% increase in…

Otherdeed saw over a 200% increase in virtual land sales in Q1 of 2023. Metaverse NFTs witnessed more sales in...

Moody’s Warns Of Potential Financial Disruption Spillover Beyond US Banking Sector Moody’s Warns Of Potential Financial Disruption Spillover Beyond US Banking Sector
Atsi Sheth1 day ago

Moody’s Warns Of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In...

Bitcoin makes partial recovery after 4% drop brings price near $27.2K Bitcoin makes partial recovery after 4% drop brings price near $27.2K
Analysis1 day ago

Bitcoin makes partial recovery after 4% drop brings price near $27.2K

Bitcoin makes partial recovery after 4% drop brings price near $27.2K Mike Dalton · 3 hours ago · 2 min...

LLC Name Ideas LLC Name Ideas
Uncategorized1 day ago

LLC Name Ideas

Choosing the perfect name for your Limited Liability Company (LLC) can be a daunting task. It is important to choose...

Trending