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Digital studio #YugaLabs has announced a restructuring of its business, which includes layoffs and the implementation of the "Otherside" strategy. Key developments will focus on Web3 platform components and the expansion of the Otherside collection. The Meebits and 10KTF projects will become integral parts of this product. The studio's leadership confirmed that several positions have been eliminated, leading to staff reductions. Representatives emphasized that the company has taken many significant steps over the past year, including implementing various initiatives and signing agreements with partners to bring the team's vision to life. Throughout this year, the studio has also launched numerous products, such as Dookey Dash, Twelvefold, Made by #Apes , Punks Legacy Project, and has synergized with brands like Gucci and BAPE. They've also hosted IRL events in New York, Korea, Tokyo, Austin, Singapore, and Paris. "Besides these wins, there have been a few tough situations, particularly in game implementation. We realized that we are not optimized for creating and managing such forces," noted the company. It has been revealed that last week, the Yuga Labs team gathered in New York to determine the studio's future direction. The focus will now be on expanding and supporting the growth of internal communities and enhancing brand interactions. The key emphasis is on developing the #NFT project, Otherside. Additionally, attention will be given to the development of the Bored Ape Yacht Club ( $BAYC ). The Yuga Labs team will support the expansion of the "ape universe" and other projects aimed at extending this product. Plans are in place to actively scale the cultural heritage and host the 1st ApeFest in Hong Kong in a few weeks. In 2024, the studio will also release a large, universal game. Regarding #CryptoPunks , the company will undertake serious efforts to enhance and optimize the Punks application.
Digital studio #YugaLabs has announced a restructuring of its business, which includes layoffs and the implementation of the "Otherside" strategy. Key developments will focus on Web3 platform components and the expansion of the Otherside collection. The Meebits and 10KTF projects will become integral parts of this product.
The studio's leadership confirmed that several positions have been eliminated, leading to staff reductions. Representatives emphasized that the company has taken many significant steps over the past year, including implementing various initiatives and signing agreements with partners to bring the team's vision to life.
Throughout this year, the studio has also launched numerous products, such as Dookey Dash, Twelvefold, Made by #Apes , Punks Legacy Project, and has synergized with brands like Gucci and BAPE. They've also hosted IRL events in New York, Korea, Tokyo, Austin, Singapore, and Paris. "Besides these wins, there have been a few tough situations, particularly in game implementation. We realized that we are not optimized for creating and managing such forces," noted the company.
It has been revealed that last week, the Yuga Labs team gathered in New York to determine the studio's future direction. The focus will now be on expanding and supporting the growth of internal communities and enhancing brand interactions. The key emphasis is on developing the #NFT project, Otherside.
Additionally, attention will be given to the development of the Bored Ape Yacht Club ( $BAYC ). The Yuga Labs team will support the expansion of the "ape universe" and other projects aimed at extending this product. Plans are in place to actively scale the cultural heritage and host the 1st ApeFest in Hong Kong in a few weeks. In 2024, the studio will also release a large, universal game. Regarding #CryptoPunks , the company will undertake serious efforts to enhance and optimize the Punks application.
⚡The Biggest #NFT Sales of the Past 30 Days (1 May 2023) In this post, we highlight the largest NFT sales that have occurred over the past month, delving into the details of each sale, including the specific NFT that was sold, and the price it fetched. #Azuki #BAYC #CryptoPunks #nftcommunity
⚡The Biggest #NFT Sales of the Past 30 Days (1 May 2023)

In this post, we highlight the largest NFT sales that have occurred over the past month, delving into the details of each sale, including the specific NFT that was sold, and the price it fetched.

#Azuki #BAYC #CryptoPunks #nftcommunity
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🐧 Pudgy Penguins flip BAYC 🩍 While the penguins had previously flipped on floor price, a massive run-up today caused the collection to flip #bayc by total market cap, which sits at nearly a half-billion USD. The #PudgyPenguins collection’s value surged in the last year, quadrupling in the fall of last year despite a sluggish period for the broader #NFT‏⁩ market. On the flip side, BAYC, which once symbolized the innovation and extravagance of the 2021 NFT boom, has seen a decline in value since the onset of the crypto winter in May 2022. Despite ongoing efforts, both collections fall short of CryptoPunks, the influential pioneer of the NFT space, boasting a floor price of 51 ETH. Although these two NFT giants are on the verge of a dramatic shift in the hierarchy of NFT valuations, #CryptoPunks remains the reigning titan in the realm of digital collectibles. #TrendingTopic
🐧 Pudgy Penguins flip BAYC 🩍

While the penguins had previously flipped on floor price, a massive run-up today caused the collection to flip #bayc by total market cap, which sits at nearly a half-billion USD.

The #PudgyPenguins collection’s value surged in the last year, quadrupling in the fall of last year despite a sluggish period for the broader #NFT‏⁩ market.

On the flip side, BAYC, which once symbolized the innovation and extravagance of the 2021 NFT boom, has seen a decline in value since the onset of the crypto winter in May 2022.

Despite ongoing efforts, both collections fall short of CryptoPunks, the influential pioneer of the NFT space, boasting a floor price of 51 ETH.

Although these two NFT giants are on the verge of a dramatic shift in the hierarchy of NFT valuations, #CryptoPunks remains the reigning titan in the realm of digital collectibles.

#TrendingTopic
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