MIAMI–(BUSINESS WIRE)–Yuga Labs, the web3 firm behind Bored Ape Yacht Membership, right now introduced that Spencer Tucker shall be becoming a member of the corporate as Chief Gaming Officer. Spencer will oversee the entire firm’s gaming initiatives and Yuga’s formidable interoperable Otherside metaverse undertaking.
Tucker joins Yuga with practically twenty years of expertise within the gaming business. Beforehand, Tucker was the President of Video games at Scopely and served as Senior Vice President of Product at Gree Worldwide Leisure. He makes a speciality of sport improvement, design, UGC, web3, and artistic neighborhood involvement.
“Web3 is revolutionizing gaming, leisure, and neighborhood in a lot the identical manner the shift to cell revolutionized communication,” mentioned Tucker. “I’m past excited to affix the Yuga Labs staff and to proceed constructing towards the brand new period of interoperability and community-empowered progress within the Otherside metaverse.”
This newly fashioned C-suite function and up to date occasions similar to Otherside’s First Journey demo are hints at Yuga’s formidable long-term imaginative and prescient to increase past being the house to prime NFT collections. The corporate will proceed to point out the remainder of the business by a flurry of initiatives within the coming months that Yuga is greater than the sum of its components.
“Spencer brings a ardour for and deep information of gaming and shares our imaginative and prescient for the Otherside metaverse,” mentioned Nicole Muniz, CEO of Yuga Labs. “Yuga right now is thought most prominently for being the house of Bored Ape Yacht Membership, CryptoPunks, and Meebits, however Yuga is greater than that. Gaming is one in every of our major focus areas. We’re uniquely located to revolutionize the way in which all of us take into consideration web3 gaming by core rules similar to possession, utility, neighborhood, and storytelling.”
This newly fashioned C-suite function and up to date occasions similar to Otherside’s First Journey demo are hints at Yuga’s formidable long-term imaginative and prescient to increase past being the house to prime NFT collections. Regardless of the bear market, Yuga Labs has grown from roughly 10 staff in January to over 70 right now and can doubtless exceed 100 full-time staff by the top of 12 months. Yuga has welcomed proficient people from prime firms similar to Google, Oculus, Twitter, Apple, Dune Video games, Monolith Gaming, WB Gaming, Microsoft, Coinbase, and American Specific.
About Yuga Labs
Yuga Labs is a web3 firm shaping the long run by storytelling, experiences, and neighborhood. Guided by the idea that the potential of web3 could be realized after we begin with creativeness, not limitations, Yuga’s initiatives intention to reinvent what real-world utility for NFTs appear like and push the house ahead as a complete. Since their launch in April 2021 with flagship assortment Bored Ape Yacht Membership, they’ve made headlines as one of many first firms to launch IP licenses to their NFT holders, acquired and launched rights to different prime collections (CryptoPunks and Meebits), and made web3 historical past with record-breaking synchronized participant participation of their latest initiative, Otherside. Probably the most formidable interactive metaverse tasks to this point, Otherside is constructed with the neighborhood, rebelling in opposition to conventional walled gardens in gaming areas. In March 2022, Yuga Labs raised a $450M seed spherical at a $4B valuation.
For extra data on Yuga Labs go to www.yuga.com or e-mail [email protected].
