As NFTs make a way to the mainstream, YouTube said that it will focus on offering better security for content ownership.
YouTube also said that one of its major areas of focus for 2022 will be the Metaverse.
On Thursday, February 10, Google subsidiary YouTube announced its 2022 plans to step up efforts in the fields of blockchain and metaverse. YouTube said that it plans to harness existing technologies like non-fungible tokens (NFTs) to cut any kind of fraud happening in the fast-growing digital art market.
YouTube, the world’s largest video streaming service has been witnessing strong competition from existing players like TikTok and Instagram. As a result, it has been working to hang onto users for better guidance for its upcoming features.
The news about YouTube working on integrating NFTs first emerged last month after CEO Susan Wojcicki expressed interest. Back then she said:
We’re always focused on expanding the YouTube ecosystem to help creators capitalize on emerging te
