Yuga Labs plans Web3 penetration with new appointment
As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.
Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase
Yuga Labs has started to make inroads into the Web3 gaming ecosystem with the latest appointment of Game Director. According to the announcement, the meeting is the first for the company, as it continues to fulfill the wishes of its users. Spencer Tucker, a newly hired director, will take over in the coming days, according to the announcement. The announcement claims that Tucker will be responsible for game projects that are set to launch in the Metaverse.
The company wants to bring the Otherside application into the gaming ecosystem
According to a statement from Yuga Labs, the company is currently considering plans to launch its game project Otherside in the Metaverse. At the beginning of the year, Otherside left a huge mark on the crypto market, raising a total of $561 million in the first 24 hours of its debut in the NFT sector.
Launched on Ethereum, it presented the case at the top of the events of that period. Tucked has previous experience in the gaming industry, having left his role as head of the Games division at Scopely and GREE. In addition to that, he also served as the head of the product department.
Yuga Labs considers gaming to be an important sector
In reaction to the meeting, Tucker mentioned on LinkedIn that he was pleased with the meeting. He mentioned that Yuga Labs has been doing well in the market for the past few years and CryptoPunks NFT company also created Meebits NFT. Tucker felt that the future of gaming is in safe hands as he believes that empowering players to own their own experience will be a game changer in the gaming world.
Yuga Labs has reiterated in recent months that it recognizes gaming as one of the most important parts of the company and will focus on it for the next few years. It’s a good achievement for a company that currently ranks at the top of the NFT collections. Yuga Labs continues to grow, and the company recently closed a funding round valued at nearly $4 billion. The company has also hired more than 60 employees since the beginning of 2022, and the total number is projected to reach nearly 100 before the end of the year.