YouTube expanded on its blockchain and metaverse plans for 2022. It plans to make use of the emerging technologies to eliminate fraud in the digital art market and provide a more social viewing experience for gamers.<\/p>\n\n\n\n
In January, the social media giant said it was exploring so-called Web3 technologies, such as non-fungible tokens (NFTs), which are video clips, art or other digital assets connected to the record-keeping technology blockchain.<\/p>\n\n\n\n
YouTube also indicated that it could make NFTs safer.<\/p>\n\n\n\n
Sales of NFTs soared to new heights in 2021, but critics say fraud, copyright theft and other predatory behavior are rife.<\/p>\n\n\n\n
“Giving a verifiable way for fans to own unique videos, photos, art, and even experiences from their favorite creators could be a compelling prospect for creators and their audience,” YouTube said.<\/p>\n\n\n\n
YouTube has also highlighted the metaverse, another feature of the Web3 movement that refers to shared virtual worlds where people interact via avatars.<\/p>\n\n\n\n
In this context, YouTube brought into play the possibility of allowing users to watch videos together in a metaverse.<\/p>\n\n\n\n
“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,” the blog said.<\/p>\n\n\n