Yuga Labs, the leading content producer in NFT and Web3, continues to expand its team with the addition of experienced managers. The company is known for creating popular NFT projects such as Bored Ape Yacht Club and Otherside.
In its latest hire, Yuga Labs announced that Mike Seavers will be joining the team as the new Chief Technology Officer (CTO). Seavers brings with him a wealth of experience, having previously worked at top gaming studios like Riot Games and Epic Games. He will be starting in his new role on May 22nd.
This appointment follows the recent hire of former Activision President, Daniel Alegre, as Yuga Labs’ new CEO. With the addition of these experienced executives, Yuga Labs is poised to continue its dominance in the NFT and Web3 space.
You can read the news that Yuga Labs has appointed game industry pioneer Daniel Alegre as CEO in this article.
The current CTO, Kerem Atalay, will remain with the company as a strategic advisor. With the experience and expertise that Mike Seavers brings to the table, Yuga Labs is well-positioned for success in the rapidly growing NFT and Web3 market.
“Mike has a proven track record of taking organizations to the next level, and he shares our vision for how important digital identity and community will be for the future of the internet. We have an opportunity to be the Web3 platform at the forefront of entertainment, and Mike’s expertise will help us scale to achieve that.”CEO of Yuga Labs, Daniel Alegre.
Bored Ape Creator’s Thoughts for Web3 Domination
In his first public appearance as CEO of Yuga Labs, Daniel Alegre spoke about the company’s vision for the future. During a talk at CoinDesk’s Consensus conference in Austin, Texas, Alegre stated his goal for Yuga Labs to be the “front door to web3.”
Alegre sees Otherside, a virtual world where users can socialize and play games, as Yuga Labs’ “big bet” in the web3 space. According to Alegre, the transformation to web3 is already happening in art, digital consumption, and gaming, and it is expected to expand into various other industries. With Otherside as the entryway into web3, Yuga Labs aims to play a significant role in shaping the future of the Internet.
However, Alegre made it clear that his goal for Yuga Labs and Otherside is not necessarily to become the largest player in the web3 space. Instead, he is open to collaborating with other companies and individuals who share the same vision for web3.
Alegre stated that he is willing to “embrace third parties” and bring them onto Otherside to help achieve the company’s goals and vision for web3. By working together with like-minded individuals and organizations, Yuga Labs aims to be a leading player in shaping the future of the decentralized web.
In conclusion, Yuga Labs and its CEO, Daniel Alegre, have a clear vision for the future of the decentralized web. With the appointment of experienced executives and the development of innovative platforms like Otherside, Yuga Labs is well-positioned to play a significant role in the growth and evolution of web3.