Yuga Labs has brought on board Mike Seavers, a former executive at Riot Games and Epic Games, to serve as their new Chief Technology Officer (CTO). This move shows the company’s commitment to upping their game in the gaming industry. Seavers is scheduled to start his new position on May 22.
This is not Yuga Labs’ first high-profile hiring decision. Only four months ago, they appointed former Activision President and COO Daniel Alegre as their CEO. These hires demonstrate the company’s dedication to building a solid reputation in the gaming world.
One of Yuga Labs’ key projects is the Otherside Metaverse, an upcoming social MMORPG that allows players to immerse themselves in a 3D world, complete quests, and have a great time.
Despite its focus on gaming, Yuga Labs is still making waves in the NFT world. According to a recent DappRadar report, Yuga’s NFT collections (including Bored Apes, Mutant Apes, CryptoPunks, Meebits, and Otherdeeds) accounted for a massive 35% of all NFT sales volume between October 2022 and March 2023.