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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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YouTube CEO hints that NFTs could be added to creator platform

Susan Wojcicki stated YouTube's intent to "help creators capitalize on emerging technologies."

YouTube's CEO, Susan Wojcicki, addressed YouTube's priorities for 2022 in a letter published Tuesday on the company blog. Among those priorities is the possibility of adding nonfungible token, or NFT, features for the platform's video creators.

What this could look like is yet to be determined, however. No additional details were provided in Wojcicki's statement aside from the claim that the YouTube team will use developments in the Web3 space “as a source of inspiration.”

“The past year in the world of crypto, nonfungible tokens (NFTs), and even decentralized autonomous organizations (DAOs) has highlighted a previously unimaginable opportunity to grow the connection between creators and their fans.”

As YouTube looks to expand the number of ways that creators can earn money, one option is to "capitalize on emerging technologies." Currently, there are 10 ways for creators to monetize their business according to Wojcicki, including ads and the newly introduced TikTok-like YouTube Shorts. Could NFTs be next? 

Related: Meta unveils metaverse AI supercomputer, claims it will be world’s fastest

YouTube boasts one of the largest creator communities and is the second most visited site in the world, according to Similarweb. In light of the rise of the Metaverse and other Web3 initiatives by social media platforms like Meta and Twitter, which has recently allowed iOS users to use NFTs as their profile pictures, YouTube looks to compete to retain and attract talent.

In her letter, Wojcicki also mentioned their intention to improve the live experience o gaming creators as a priority. Since NFT integration in video games has become the main use case for the adoption of NFTs, this could suggest that gaming creators may be more open to capitalizing on YouTube's new initiative. 

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