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New YouTube CEO Neal Mohan is a Big Web3 Advocate

Youtube CEO Neal Mohan stated last year that he sees the incredible potential in the NFT space to help creators have a better connection with their fans.

Written By Vismaya V
Published February 20, 2023 6:50 AM·Updated 3 years ago
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New YouTube CEO Neal Mohan is a Big Web3 Advocate

Global online video platform Youtube appoints strong web3 advocate Neal Mohan as its new CEO, in the wake of Susan Wojcicki’s exit last week.

Thank you, @SusanWojcicki. It's been amazing to work with you over the years. You've built YouTube into an extraordinary home for creators and viewers. I'm excited to continue this awesome and important mission. Looking forward to what lies ahead… https://t.co/Rg5jXv1NGb

— Neal Mohan (@nealmohan) February 16, 2023

Before taking over as CEO, Mohan was YouTube’s chief product officer, where he supervised the removal of the video dislike button as well as the launch of YouTube Music and YouTube Shorts.

In a farewell post, Wojcicki noted “He has a wonderful sense for our product, our business, our creator and user communities, and our employees. Neal will be a terrific leader for YouTube.”

Last February, Neal Mohan stated that he sees the incredible potential in the NFT space to help creators have a better connection with their fans. He stated creators can tokenize their videos, photos, art, and experiences as an NFT to interact with their fans.

Mohan noted “We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans. Together, they’ll be able to collaborate on new projects and make money in ways not previously possible.”

Mohan mentioned the metaverse adding “Finally, we couldn’t have a piece about innovation without touching on the Metaverse! We’re thinking big about how to make viewing more immersive. The first area in which you can expect to see an impact is gaming, where we’ll work to bring more interactions to games and make them feel more alive.”

Also Read: YouTube CEO suggests NFT Integration in Letter to Creators

Web3 aficionados are very excited following Neal Mohan’s takeover of Youtube as they may see a push for Web3 integrations in the platform soon. Twitter is already on its way as Elon Musk is planning to introduce the Twitter payments system with the idea of incorporating crypto into it.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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