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    Base claims top 3 spot in 30-day NFT volume: DappRadar

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    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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  • NFT
    Base claims top 3 spot in 30-day NFT volume: DappRadar

    Base claims top 3 spot in 30-day NFT volume: DappRadar

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

    Blue chip NFTs sink double digits as ETH retreats from record highs

    Blue chip NFTs sink double digits as ETH retreats from record highs

    What’s Behind the Double-Digit Declines?

    What’s Behind the Double-Digit Declines?

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    GaFin Joins Cyber Crash to Advance Web3 Gaming

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    Stability World AI Adds Games to Transform the Future of Web3 Gaming

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    Avalanche Selects Funtico to Support Indie Game Developers

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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  • Guides
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    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What Is Volatility in Crypto? Why It Happens and How to Stay Safe

    What is Cloud Mining? A Beginner’s Guide

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    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

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    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

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    What is Crypto FOMO? How to Avoid Emotional Investing Mistakes

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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Home NFT

Ex-Fortnite, League of Legends Exec Joins Otherside Creator Yuga Labs

May 1, 2023
in NFT
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Ex-Fortnite, League of Legends Exec Joins Otherside Creator Yuga Labs
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4 months after hiring former Activision President and COO Daniel Alegre as its new CEO, Bored Ape Yacht Membership and Otherside creator Yuga Labs is bringing on extra recreation business leaders to spearhead its unicorn startup.

Yuga introduced at this time that it has employed Mike Seavers, who beforehand labored at League of Legends developer Riot Video games and Fortnite creator Epic Video games, as its new Chief Expertise Officer.

Present Yuga Labs CTO Kerem Atalay will step into an advisory function, based on an announcement, as soon as Seavers begins on the firm on Could 22.

What’s Yuga Labs’ Otherside? Contained in the Bored Ape Yacht Membership Metaverse

“There have been uncommon moments over my profession the place I felt like a brand new expertise was creating a real paradigm shift for the world,” Seavers stated in an announcement. “I acknowledge that Web3 is a kind of moments, and I’m completely thrilled to hitch Yuga Labs to assist usher in a brand new period of the web that impacts the world for the higher.”

Seavers is a longtime recreation business veteran. At Riot, he labored for seven years on the engineering and tech aspect, ending as Chief Expertise Officer whereas supporting hit video games like League of Legends, Legends of Runeterra, and Valorant. He was then the CEO of recreation tech startup AppOnboard, which raised $20 million in Collection C funding for the Buildbox recreation engine.

Afterward, he spent just below two years at Epic Video games as its EVP of Growth, the place he oversaw product improvement throughout Epic’s platforms and Fortnite’s engineering workforce.

See also  HELLO Labs (HELLO) Price Prediction

“Mike has a confirmed observe file of taking organizations to the subsequent degree, and he shares our imaginative and prescient for the way essential digital id and neighborhood will probably be for the way forward for the web,” Alegre stated in an announcement. “Now we have a chance to be the Web3 platform on the forefront of neighborhood and social engagement, by media and leisure, and Mike’s experience will assist us scale to attain that.”

Seavers’ new function is yet one more signal that Yuga Labs is taking its gaming push severely—and desires its upcoming Otherside metaverse recreation to be a smash regardless of flagging enthusiasm over metaverse hype. Otherside comes throughout like a social MMORPG, the place gamers can embark on quests and immerse themselves in a 3D world.

As Yuga pushes additional into gaming, it’s price noting that its many NFT collections nonetheless make up a hefty share of the full NFT ecosystem by market cap.

Bored Ape Creator Yuga Labs Dominates NFT Gross sales With 35% Share

In line with a latest DappRadar report, Yuga’s NFT ecosystem—which incorporates the Bored Apes, Mutant Apes, CryptoPunks, Meebits, and Otherdeeds, to call just a few—made up practically 35% of all NFT gross sales quantity from October 2022 by March 2023.

Picture: DappRadar.

Yuga Labs’ Otherside recreation is essentially the most profitable “metaverse” NFT assortment to this point, with roughly $322 million in complete quantity traded up to now six months alone and practically $1.25 billion price to this point (per CryptoSlam) since final 12 months’s drop. ApeCoin has additionally develop into the most well-liked gaming-related cryptocurrency, with a $1.48 billion market cap.

See also  How NFTs are Evolving to Add ‘Meaning and Story’: RARI Chain

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Base claims top 3 spot in 30-day NFT volume: DappRadar

floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

Tags: CreatorexecExFortniteJoinsLabsLeagueLegendsOthersideYuga

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