Yuga Labs sails into Metaverse: Restructuring complete
Yuga Labs, the creator behind the popular Bored Ape Yacht Club (BAYC) nonfungible token (NFT) project, has completed its restructuring efforts, aligning the company’s resources toward its ambitious metaverse project, Otherside. CEO Daniel Alegre announced the finalization of the restructuring, emphasizing the company’s commitment to building an immersive metaverse platform and assuring support for departing…