Seasoned Gaming Veteran Mike Seavers Is the New CTO of Yuga Labs
Yuga Labs, the creator of popular NFT collections like Bored Ape Yacht Club and Otherside, is making a bold move to establish itself as a prominent player in the gaming industry. To further strengthen their position, they have recently hired industry veteran Mike Seavers as their new Chief Technology Officer (CTO), with his official start date scheduled for May 22. Seavers brings a wealth of experience from his previous roles at major gaming companies, including Riot Games and Epic Games.
This strategic hiring of Seavers is part of Yuga Labs' ongoing efforts to assemble a talented team. Just four months ago, the company appointed former Activision president and COO Daniel Alegre as its CEO. Yuga Labs has been making waves with their NFT collections, which have a significant market capitalization and hold a prominent place in the overall NFT ecosystem.
Yuga Labs' ambitious gaming plans revolve around Otherside, their planned metaverse. This immersive social MMORPG aims to provide players with a platform to embark on various adventures within a captivating video game world.
Despite their foray into gaming, Yuga Labs remains committed to their NFT collections, which continue to be a core part of their business. According to a report by DappRadar, Yuga Labs' NFT ecosystem, including collections like Bored Apes, Mutant Apes, CryptoPunks, Meebits, and Otherdeeds, accounted for nearly 35% of all NFT sales from October 2022 to March 2023.
Seavers' extensive experience gained at Riot Games and Epic Games will greatly contribute to Yuga Labs' development. His involvement with popular titles such as League of Legends, Legends of Runeterra, and Valorant during his tenure at Riot Games, as well as his role in product development and game engineering for Fortnite at Epic Games, makes him a valuable asset for Yuga Labs' expansion into the gaming industry.
Seavers' appointment as CTO underscores Yuga Labs' determination to solidify their position in the gaming industry. Their successful NFT collection has already made a significant impact, and their upcoming game, Otherside, is poised to be a major success as well. With Seavers leading the way, Yuga Labs will undoubtedly remain a dominant force in the Web 3.0 landscape.
analyst opinion
Kuba Lohnický
Yuga Labs, the creator of popular NFT collections like Bored Ape Yacht Club and Otherside, is making a bold move to establish itself as a prominent player in the gaming industry. To further strengthen their position, they have recently hired industry veteran Mike Seavers as their new Chief Technology Officer (CTO), with his official start date scheduled for May 22. Seavers brings a wealth of experience from his previous roles at major gaming companies, including Riot Games and Epic Games.
This strategic hiring of Seavers is part of Yuga Labs' ongoing efforts to assemble a talented team. Just four months ago, the company appointed former Activision president and COO Daniel Alegre as its CEO. Yuga Labs has been making waves with their NFT collections, which have a significant market capitalization and hold a prominent place in the overall NFT ecosystem.
Yuga Labs' ambitious gaming plans revolve around Otherside, their planned metaverse. This immersive social MMORPG aims to provide players with a platform to embark on various adventures within a captivating video game world.
Despite their foray into gaming, Yuga Labs remains committed to their NFT collections, which continue to be a core part of their business. According to a report by DappRadar, Yuga Labs' NFT ecosystem, including collections like Bored Apes, Mutant Apes, CryptoPunks, Meebits, and Otherdeeds, accounted for nearly 35% of all NFT sales from October 2022 to March 2023.
Seavers' extensive experience gained at Riot Games and Epic Games will greatly contribute to Yuga Labs' development. His involvement with popular titles such as League of Legends, Legends of Runeterra, and Valorant during his tenure at Riot Games, as well as his role in product development and game engineering for Fortnite at Epic Games, makes him a valuable asset for Yuga Labs' expansion into the gaming industry.
Seavers' appointment as CTO underscores Yuga Labs' determination to solidify their position in the gaming industry. Their successful NFT collection has already made a significant impact, and their upcoming game, Otherside, is poised to be a major success as well. With Seavers leading the way, Yuga Labs will undoubtedly remain a dominant force in the Web 3.0 landscape.
Previous
Next
