WorldTech & Telecoms
YouTube thinking to verify NFTs, gaming in metaverse in 2022
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YouTube on Thursday elaborated on its blockchain and metaverse plans for 2022, saying it could harness the emerging technologies to cut fraud in the fast-growing digital art market and offer a more social viewing experience for gaming content.
Last month, YouTube said it was exploring what proponents call Web3 technologies such as non-fungible tokens (NFTs), which are video clips, art or other digital assets tied to the record-keeping technology blockchain.
YouTube said it did not have firm ideas yet but one possibility would be allowing users to watch videos together in a metaverse. Generally, it will focus for now on videos related to “gaming, where we’ll work to bring more interactions to games and make them feel more alive”.