While at YouTube, Ryan Wyatt has been an outspoken advocate of blockchain and NFTs.
Incoming YouTube Gaming head Ryan Wyatt will soon be departing his position at the firm controlled by Google. New startup Polygon Studios will have Wyatt as CEO beginning in March. Polygon is an Ethereum sidechain.
However, despite YouTube’s rising interest in blockchain and NFTs, Wyatt believes it’s time to start a new business. On Twitter, Wyatt noted that he joined YouTube eight years ago to help give gamers a voice. He also wish to represent the needs of the gamer every day.
With Polygon Studios, my role will be to bridge the gap between Web2 and Web3 development. This is by investing in the developer ecosystem, marketing it, and providing developer support. When I take over the Polygon Studios organization, I will be in charge of everything. He included gaming to fashion to news and sports.
In his role as a YouTube executive, Wyatt has earned the respect of YouTube Gaming creators. Additionally, this includes “Call of Duty” streamer Dr. Disrespect and members of the 100 Thieves esports team Nadeshot, CouRage, and Valkyrae. Who all congratulated him today on his forthcoming transfer.
YouTube Gaming
The YouTube Gaming live streaming projects were spearheaded by Wyatt, who landed exclusive arrangements with huge creators like Dr. Lupo and TimTheTatman, Ludwig, and Ludwig for YouTube. Because of this, YouTube Gaming has established itself as a major player in the video game live-streaming market. Competing with Twitch because of its high-quality streaming and excellent roster of A-list producers. This is how the game is known in the gaming world today.
As a result, Wyatt is in a good position to bring some of that same fun to the Web3. Several players have criticized the use of NFTs and blockchain networks. The energy consumption and potential environmental impact of these systems have not been fully investigated. Bitcoin miners are blamed by some in the gaming community. This is for preventing them from purchasing graphics cards for their personal computers.
Wyatt thinks that players who are fed up with the current system will eventually embrace blockchain gaming. Because they are designed from the ground up, native blockchain experiences have a higher level of quality. The gamers will begin to recognize the potential of NFT blockchain-based gaming, he tweeted earlier this month.
Unwavering faith in the blockchain game industry from the YouTube executive. Back in September, Wyatt tweeted that they are going to go through a tectonic upheaval in the [game] business within five years.
Future Gamers
Next-generation gamers, he predicts, are going to question existing forms. This includes the demand that the time they spend gaming and the money they earn be worth something. The open, transparent market provided by NFTs and the blockchain makes most in-game assets more liquid.
Polygon Studios stated in December 2021 that it is investing $100 million in GameOn. A gaming company that specializes in Web3-related projects. Atari and Animoca Brands, as well as NFT marketplace OpenSea. According to the official Polygon Studios website, the Metaverse project Decentraland is a partner.
