Crypto Blog
Yuga Labs, the creative force behind the popular Bored Ape Yacht Club NFT collection, has completed a restructuring phase to position it for long-term success.
I want to address some of the feedback the company and I have been receiving from many of you recently. Alegre emphasized the substantial challenges in creating an immersive metaverse platform, acknowledging the significance of Otherside as a pivotal endeavor. Greg Solano, Yuga Labs’ co-founder, had previously disclosed the company’s restructuring efforts, aiming for long-term success.
The company’s strategic realignment focuses on giving prominence to partnerships and progressing pivotal projects like Bored Apes. These efforts are centered on nurturing the community, notably the Otherside project and various Web3 initiatives led by Yuga Labs.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BAYC creator Yuga Labs completes restructuring to focus on metaverseYuga Labs CEO Daniel Alegre took to X to report that the company has finalized its restructuring that was announced in early October.
Read more »
Yuga Labs to focus on building Otherside following restructuring: CEOYuga Labs CEO Daniel Alegre said that the compay's restructuring is complete, and a big focus moving forward will be on Otherside.
Read more »
‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appealThe lawyer representing artists Ryder Ripps and Jermey Cahen had difficulty convincing a panel of appellate court judges that the case brought by Yuga Labs should be thrown out under California’s anti-SLAPP laws.
Read more »
SEC: Terraform Labs Knowingly or Recklessly, Employed Devices, Schemes, or Artifices to DefraudThe SEC did not mince words when talking about Do Kwon and Terraform Labs.
Read more »
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoenaThe U.S. Securities and Exchange Commission’s civil case against Terraform Labs and its co-founder and CEO Do Kwon continued with an order for documents from Genesis Global.
Read more »
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other TokensDanny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
Read more »