YouTube CEO hints at potential NFT features

Illustration by Alex Castro / The Verge

There is a chance that YouTube NFTs will be in the works. In a letter published today, the CEO of YouTube suggested that the company might branch into NFTs in the future as a source of revenue for creators.

The letter states that the company is always focused on expanding the platform to help creators take advantage of emerging technologies, such as NFTs.

The detail was part of the latest letter from the company, which outlines areas the company plans to invest in, like gaming and shopping, and how it plans to support creators. Web3 is a source of inspiration, specifically noting the opportunities with NFTs, as well as the opportunities with the DAO.

In line with other platforms that have recently rolled out their own versions or are rumored to be considering an NFT feature, there are hints at possible NFTs. Users who own a special JPEG can show off their possessions via a hexagonal profile picture. Meta is said to be preparing a way for users to display their own token on Facebook. There is a marketplace for NFTs in the works.

NFT features could look like the company did.

The creators of a few viral videos made them into NFTs and sold them on their own. The Charlie Bit Me NFT, depicting a baby biting his brother's finger, was auctioned off last year. David After Dentist was sold as an NFT for over $11k.