Yuga Labs Appoints a Chief Gaming Officer to Expand Web3 Gaming Push

Published on:

Last Updated on September 25, 2022 by Bitfinsider

Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, announced the appointment of Spencer Tucker as its first Chief Gaming Officer on Friday.

Tucker will oversee the development of Yuga’s Web3 gaming projects, beginning with Yuga’s “Otherside” metaverse. Otherside made waves on Ethereum earlier this year when it saw a massive surge of transactions and $561 million in NFT land sales within 24 hours.

Tucker stated on Linkedin that he is “super stoked” to be joining Yuga, which also owns the CryptoPunks and Meebits NFTs.

“I believe that player ownership, social collaboration, and creative expression will power the future of gaming,” Tucker wrote.

Yuga CEO Nicole Muniz stated in a statement that gaming is one of the company’s top priorities, calling it a “main focus” going forward. According to OpenSea data, the NFT company owns the top four Ethereum NFT collections of all time.

Yuga still has a small team despite its $450 million seed round, which has resulted in a staggering $4 billion valuation. The company has hired about 60 people this year and plans to hire 100 people by the end of 2022.

Hardware wallets are safe and secure devices that can be used offline. They keep your cryptocurrency offline, making it impossible for you to be hacked. To find out more on the leading hardware wallets, you may view our reviews here: Ledger & Trezor
Disclaimer: The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, legal, tax or other advice. Investing in or trading cryptocurrency or stocks comes with a risk of financial loss.