YouTube Working on NFT-related Initiative
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Jan. 25, 2022

YouTube is working on plans to add support for non-fungible tokens (NFTs) as the company seeks to join the crate about digital collectibles, TechCrunch reports, citing YouTube CEO, Susan Wojcicki.

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While no details were provided, Wojcicki said the company wants to help creators "capitalize on emerging technologies, including things like NFTs," adding that the San Bruno-based considers the Web3 as a "source of inspiration."

"The past year in the world of crypto, nonfungible tokens (NFTs), and even decentralized autonomous organizations (DAOs) has highlighted a previously unimaginable opportunity to grow the connection between creators and their fans," she wrote in a letter.

OpenSea Bug Let Attackers Buy NFTs Below Market Price

Earlier in January, Twitter Blue Labs, a premium subscription service, launched early access to NFT profile pictures for users with iOS devices. Now, users can link their Ethereum wallets to Twitter accounts to verify non-fungible tokens (NFTs) as profile avatars.

Twitter relies on NFT marketplace OpenSea for its verification process via API. The social network supports MetaMask, Ledger Live, Rainbow, Argent and, Coinbase Wallet, and others.

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