Yuga Labs, the creator of the famous Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has welcomed former Activision Blizzard executive Daniel Alegre as its new CEO. With a proven track record in the gaming industry, the newly-appointed chief executive is expected to drive the company’s growth and expansion further into the NFT space.
A New Leader for Yuga Labs
Yuga Labs announced the appointment of former Activision Blizzard executive Daniel Alegre as their new CEO. Alegre brings a wealth of experience to the role, having held various leadership positions at Activision Blizzard, most recently as President and Chief Operating Officer. In addition, Alegre’s expertise in gaming and esports will prove invaluable to Yuga Labs as the company continues to expand its presence in the NFT and digital art space.
Yuga Labs’ Future Plans
With Alegre at the helm, Yuga Labs aims to expand its offerings and explore new avenues for growth. The company is currently working on multiple projects, such as developing a play-to-earn game featuring BAYC NFTs and launching an animated series, “Bored Ape Yacht Club,” in collaboration with an independent film studio, Zero Gravity. Additionally, Yuga Labs recently raised $450 million in a Series A funding round, which will be utilized to fund these projects and accelerate their expansion into new areas, such as metaverse partnerships and collaborations with famous brands.
In conclusion, the appointment of Daniel Alegre as CEO of Yuga Labs signals a promising future for the company. His extensive background in gaming and esports is expected to enhance Yuga Labs’ existing projects and open doors for further growth and innovation in the NFT space.