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A Niantic veteran returns as its new president of web3

Niantic has introduced the re-hiring of Chikai Ohazama, a former Niantic director of product administration who’s been away from the corporate for a couple of years, most just lately constructing tech on this planet of non-fungible tokens (NFTs) and cryptocurrency.

Ohazama will function president of web3, and in a collection of tweets, stated that he appears ahead to “serving to the corporate navigate their manner by the world of web3 and dealing to convey them in as an genuine and welcomed member of the web3 neighborhood.” He additionally said that he is labored out a cope with Niantic that can let him proceed his work on NFT tasks like Monolith Gallery.

The remainder of his tweets mirrored on his historical past with the corporate, which works all the best way again to the corporate often called “Keyhole” that Google bought in 2004.

Keyhole was co-founded by Ohazama and Niantic founder John Hanke. The pair would develop into a part of the group that created Google Maps, and would half methods as Hanke constructed Niantic as a startup within Google, whereas Ohazama went out to wander the world of entrepreneurship. 

A few of Niantic’s latest enterprise strikes have felt very in-touch with the latest cryptocurrency craze and Silicon Valley desires of an interconnected “metaverse.” In November 2021, it raised $300 million in investments to create a “real-world metaverse” (appears contradictory, I do know) and its just lately introduced sport Peridots options distinctive collectible creatures that do not really feel far off from the crypto world’s curiosity in distinctive avatars that resemble fictional creatures.

(To be crystal clear, Niantic has not said as as to whether or not Peridots will use Blockchain know-how). 

There’s additionally one thing telling about Ohazama’s said intent to welcome Niantic into the web3 world. These days, we have heard quite a lot of sturm and drang about web3 needing to go mainstream, however these feedback appear to establish it as a distinct segment neighborhood that interacts with massive companies with some suspicion. 

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