https://ift.tt/3G06NBF of Youtube Gaming Joins Polygon Studios As New CEO

Ryan Wyatt, who until today was Global Managing Director at YouTube Gaming, announced his resignation as part of a move that will take him deeper into the depths of the metaverse and the crypto realm.

In an emotional farewell shared via Twitter, Wyatt expressed his satisfaction and gratitude to the YouTube team, to whom he reiterated his deepest thanks and appreciation for the good times. Wyatt is leaving YouTube to focus on building the Polygon ecosystem.

Ryan Wyatt accepted the position of CEO of Polygon Studios, a venture dedicated to developing software solutions at Polygon.

From Youtube to Polygon

Wyatt’s addition to the Polygon Studios team is strategic. Under Wyatt’s leadership, Youtube gaming grew to nearly 3X the number of visitors between 2018 and 2020, turning Youtube’s game streaming service into a productive business branch capable of competing with other growing social networks such as Tiktok or even Facebook Gaming. Amazon’s Twitch still holds the throne as the most popular gaming streaming platform in the market.

Wyatt has also been recognized as one of the Top Young Designers, Executives, and Players in the world in the Forbes 30 Under 30 list. A few years later, he was also mentioned in the 40 under 40 list and has received other important recognitions in the video game industry.

Wyatt has been passionate about blockchain technology for a while. As early as 2021, he claimed that the gaming industry would radically change thanks to NFTs and other decentralized technologies. In fact, YouTube could be exploring the advantages of using NFTs on its platform, as previously reported by Cryptopotato.

“I will miss YouTube dearly, but it is time for me to pursue other endeavors in life and where my passions are taking me. I am fascinated by blockchain app development and am beyond thrilled to enter the web3 space …
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.

In addition, Wyatt’s position will be more broad-based compared to what he did at YouTube. He said his roles within Polygon Studios will lead him to explore growth opportunities in Gaming, Entertainment, Fashion, News, Sports, and more.

Polygon’s Promise To Make The Crypto World a Better Place

Polygon is a scaling solution on Ethereum that promises to offer an infrastructure cabable to support larger, faster, and cheaper transactions. It is a sidechain or a sort of secondary blockchain that runs alongside Ethereum but maintains a link to Ethereum via a two-way peg where users block a certain amount of ETH on the Ethereum mainnet in order to use a similar amount on the sidechain.

Since its creation, Polygon has gained important allies ranging from Uniswap to the crypto-friendly Opera browser. Its growth was exponential during 2020, and although its token MATIC has suffered the shocks of the 2022 bearish correction, it has not stopped developers from announcing improvements and updates.