Yuga Labs, the acclaimed NFT studio behind the Bored Ape Yatch Club, has hired Activision Blizzard COO Daniel Alegre to take up his new position in the next six months as the company continues its strong growth. Alegre will take up his new position in the next six months to enable the company to continue its strong growth.
Yuga Labs hires new CEO
Yuga Labs, one of the most prolific non-fungible token (NFT) studios, the originator of the Bored Ape Yatch Club (BAYC) collection and owner of CryptoPunks, is set to have a new CEO appointed. Daniel Alegre will take up the post in the first half of 2023.
He has a strong CV, as he comes straight from Activision Blizzard where he has been COO for over two years. This famous video game studio is known for being at the head of world famous franchises such as Call of Duty, Overwatch and World of Warcraft. Daniel Alegre has announced that he will be leaving his current position at the end of the next quarter:
Some personal news, I have made the decision to leave my role as President and Chief Operating Officer of Activision Blizzard at the end of Q1 next year to pursue a new opportunity.
– Daniel Alegre (@dalegre) December 16, 2022
In addition, the future CEO of Yuga Labs also spent 16 years at Google, where he held various management positions.
He also announced that he is the new owner of Mutant Ape Yatch Club (MAYC) number 3850, although it was not specified whether this was a welcome gift or a purchase from his pocket. The address in question has only two movements:
- A supply from Coinbase;
- Then the purchase of the MAYC from its former owner for 16 ETH.
Big ambitions and crazy growth
Nicole Muniz, the company’s current CEO, will remain with the company as a partner, serving as a strategic advisor.
Yuga Labs is now less than two years old, yet the studio launched by Greg Solano and Wylie Aronov is growing like crazy. This is reflected in the fact that it has taken over the podium of NFT’s biggest collections with, in order:
- Bored Ape Yatch Club ;
- CryptoPunks ;
- Mutant Ape Yatch Club.
In order to keep the momentum going, the founding team wanted to put someone highly qualified in charge. This is what Greg Solano explains, in particular by talking about the ambitions of his Otherside metaverse:
We’re competing with giants in the metaverse. In order to take Otherside and our other ambitious projects to new heights, we knew a long time ago that we wanted to bring in someone with a proven track record of building at the highest level possible. Knowing this, Nicole, Wylie and I set out to find the right candidate. “
While the metavers have made a big splash in the space of a year, it’s all still to be built. It remains to be seen whether or not Yuga Labs will remain a major player in this rapidly developing industry.
