YouTube Loses Pair of Executives to Web 3

2 years ago

Two YouTube executives announced their departures from the Google-owned institution with plans to prosecute Web 3 ventures connected Tuesday, based connected tweets from their idiosyncratic accounts.

The departures travel connected the aforesaid time arsenic CEO Susan Wojcicki issued an unfastened letter saying YouTube is looking into non-fungible tokens (NFTs) arsenic a mode to assistance creators monetize their content.

The archetypal exec to announce their departure was YouTube’s caput of gaming, Ryan Wyatt, who volition beryllium joining Polygon arsenic the CEO of Polygon Studios. A Polygon spokesperson did not instrumentality a petition for remark by property time.

Wyatt cited being “fascinated by blockchain app development” arsenic crushed for the departure, adding that helium is “beyond thrilled to participate the web3 space,” according to the tweet.

Wyatt began his tenure with YouTube’s gaming part successful 2014. His relation astatine Polygon volition beryllium “bridging the spread betwixt Web2 and Web3,” starring Polygon Studios successful the areas of gaming, sports, quality and entertainment.

Wyatt is departing YouTube alongside the company’s elder manager of creator partnerships Jamie Byrne, who announced successful a Tuesday tweet helium volition beryllium joining non-fungible token (NFT) level Bright Moments successful a enactment role.

The brace of resignations underscore the influx of Web 2 endowment rushing into the Web 3 space, with gaming and NFT companies seeing peculiarly notable growth.

YouTube’s planetary caput of merchandise partnerships Heather Rivera has besides departed the company, a typical told CoinDesk, though her adjacent determination has yet to beryllium announced publicly.

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