The head of YouTube gaming leaves his position to join Polygon Studios as a new CEO. He is a known vocal proponent of blockchain and NFT while working at YouTube so let’s read more today in our latest blockchain news today.
The Head of YouTube gaming will be leaving his job at the Google-owned tech company and will be the new CEO of Polygon Studios which is a new venture dedicated to building on the Ethereum sidechain Polygon. Despite YouTube’s growing interest in blockchain and NFTs, Wyatt said it is time for a new opportunity:
“I came to YouTube almost eight years ago to help give gamers a voice and represent the gamer’s needs every day. In my role at Polygon Studios, I will be focused on growing the developer ecosystem through investment, marketing, and developer support and bridging the gap between Web2 and Web3. I’ll be leading the Polygon Studios organization across Gaming, Entertainment, Fashion, News, Sports, and more.”
It is bittersweet news to share that I am leaving @YouTube.
I have loved every minute of my time here, but it is time for my next endeavor.
I am elated to announce that I will be joining @0xPolygon ($MATIC) as their CEO of Polygon Studios.
Thank you for the memories! ❤️ pic.twitter.com/VhQxpqDbFO
— Ryan Wyatt (fwiz.eth) (@Fwiz) January 25, 2022
Wyatt garnered respect from the YouTube gaming creators with the likes of “Call of Duty” streamer Dr. Disrecpect and others like CouRage, Valkyrie, and more who congratulated him on the upcoming move. Wyatt led the YouTube gaming live streaming initiatives securing deals with huge creators like Dr. Lupo, TimTheTatman, Ludwig, and more and as a result, YouTube gaming now has a strong foothold in the video game live-streaming space and rivaled Twitch because of its high-streaming quality and a group of other A-list creators.
Ryan Wyatt is positioned to bring some of the entertainment to the Web3 space. Most gamers decried NFTs and blockchain networks because of the blockchain energy use and purported environmental impact as a point of concern. Some in the gaming community also blamed crypto mining and the miners for their inability to get ahold of the graphic cards for gaming PCs. Wyatt thinks that angry gamers will come around to blockchain gaming as he tweeted:
“Gamers will see the value of NFT blockchain-based gaming when there are more polished native blockchain experiences built from the ground up.”
The YouTube executive believes that the blockchain gaming space Is growing and in a thread on Twitter, he said that we are expected to see a tectonic shift in the gaming industry in the next five years. In the future, he thinks the next generation of gamers will challenge the conventional formats and they will want their time spent in-game to actually mean something and have a higher value of their items in-game. NFTs and blockchain can change things and make in-game assets liquid by providing an open transparent market. Polygon Studios announced it is funding a gaming firm Gameon with $100 million investments for web-3 projects.
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