Ryan Wyatt, head of gaming of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) video sharing platform YouTube, has announced that he will be leading Polygon Studios, an organization tasked with assisting the development of the Polygon-based (CRYPTO: MATIC) crypto-enabled entertainment ecosystem.
What Happened: In a Tuesday tweet, Wyatt said that he's thrilled to be joining Polygon, but appreciates the time he spent working at YouTube.
It is bittersweet news to share that I am leaving @YouTube.
— Ryan Wyatt (fwiz.eth) (@Fwiz) January 25, 2022
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
In the emotional email sent to his Mountain View colleagues that he attached to the tweet, he says that he expects to "miss YouTube dearly" but recognizes that "it is time" for him to move on to new challenges and pursue his fascination with blockchain app development and web 3.0.
Holders of the Polygon token, called MATIC, responded with excitement to the news.
Longtime $MATIC holder. This is HUGE!!! Congrats!
— Split(@SplitDaWig) January 25, 2022
No wonder $matic Jumped. Couldn't you have told me before I put in some change in something else lol. Congratulations and this is a great pick up for @0xPolygon
— Big E crypto (@BigEcrypto) January 25, 2022
congrats Ryan! What a fantastic role for you and perfect timing as I've just purchased some $MATIC so I'm very much looking forward to you turning that into a Lambo.
— Justin Wong (@JustinWong) January 25, 2022
See Also: WHAT IS WEB 3.0?
Wyatt explained that his role at Polygon Studios will be focused on growing Polygon's developer ecosystem through strategic investment, marketing and developer support while also bridging web 2.0 with web 3.0.
Under his leadership, the organization will be involved not only with gaming but also entertainment, fashion, news, sports and other industries.
See Also: IS POLYGON (MATIC) A GOOD INVESTMENT?
