Yuga Labs, the famous NFT studio behind the Bored Ape Yatch Club, has recruited Daniel Alegre, the chief operating officer of Activision Blizzard. He will take up his new position during the next semester to enable the company to continue its strong growth.

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Yuga Labs recruits a new CEO

Yuga Labs, one of the most prolific non-fungible token (NFT) studios, originator of the Bored Ape Yatch Club (BAYC) collection and owner of CryptoPunks, will see a new CEO take over. This is Daniel Alegre, who will take up the post in the first half of 2023.

The interested party has a well-stocked CV, given that it comes straight from Activision Blizzard where he has been chief operating officer for more than two years. This famous video game studio is particularly known for being at the head of world-renowned franchises such as Call of Duty, Overwatch and World of Warcraft. Daniel Alegre thus announced that he would leave 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

Otherwise, the future CEO of Yuga Labs also spent 16 years at Googlewhere he held various management positions.

He also announced that he is the new owner of Mutant Ape Yatch Club (MAYC) number 3850, without specifying whether this was a welcome gift or an out-of-pocket purchase. The address concerned contains only two movements :

A supply from Coinbase;
Then the purchase of MAYC from its former owner for 16 ETH.

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Big ambitions and crazy growth

Nicole Muniz, the company’s current CEO, will remain with the company as a partnerand will serve as a strategic advisor.

Yuga Labs is now less than two years old, yet the studio launched by Greg Solano and Wylie Aronov is experiencing crazy growth. This is reflected in particular by monopolizing the podium of the largest NFT collections with, in order:

Bored Ape Yacht Club;
CryptoPunks;
Mutant Ape Yacht Club.

It is with the aim of continuing on this momentum that the founding team wanted to place someone highly qualified as its head. This is explained by Greg Solano, referring in particular to the ambitions of his metaverse Otherside:

“When it comes to the metaverse, we compete with giants. In order to propel Otherside and our other ambitious projects to new heights, we’ve known for a long time that we wanted to bring in someone with a proven track record of building to the highest standard possible. Knowing this, Nicole, Wylie and I set out to find the right candidate. »

If the metaverses have made a lot of noise in the space of a year, everything is still to be built. It therefore remains to be seen whether Yuga Labs will remain a leading player or not in this developing industry.

👉 Also in the news – Riot Games wants to end its partnership with FTX

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Source: Yuga Labs, Etherscan

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I timidly discovered the world of blockchain at the end of 2018 during my quest for financial freedom. Initially invested moderately, it was only two years later that I took the gamble of betting everything on the movement that was taking shape then. I then dedicate 2021 to training myself better to acquire more knowledge and seriousness. As I often like to say: I still have a billion things to learn. And what I do know, I want to share with you.

Vincent Mayor

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