The Google-owned video platform announced that on April 1, Susan Wojcicki will be replaced by Neal Mohan.

Mohan, who previously served as VP of Video and Music Products at YouTube, is known for his enthusiasm for blockchain technology and Web3.

Enthusiasts of cryptocurrencies and the decentralization of the web hope that the appointment of the new CEO is a sign that YouTube will join the Web3 revolution.

For his part, Mohan stated that he plans to explore new forms of monetization for content creators on YouTube, including the possibility of payments with cryptocurrencies.

This appointment on his part boosted Google’s actions within the stock market.

K. Tovar

Source: Cointelegraph

(Reference image source: Sri Lanka Mirror)

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