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Yuga Labs CEO Is Learning Making NFT Games Is Hard Daniel Alegre, CEO of Bored Ape Yacht Club creator Yuga Labs, published a lengthy essay on Twitter (aka X) late Tuesday evening, part of which details the company’s challenges and shortcomings with game development—including for its upcoming metaverse game Otherside.
“While Dookey Dash was a fun game and experience, we have fallen well short of expectations with Forge,” Alegre wrote, referring to the startup’s HV-MTL Forge game. Released in June, HV-MTL Forge is a social building and mech management game where players must complete tasks—like clean up after their NFT robots when they poop, construct tiles, and vote on other players' created environments. It hasn't yielded nearly the same kind of social media buzz as the viral and competitive Dookey Dash. Yuga Labs has similarly acknowledged the technical issues with its latest game experience, Legends of the Mara (LotM), as it faced server issues and outages for maintenance in recent weeks.
“The lessons that we are actively learning are that we need to rely on seasoned gaming partners to help build our experiences,” Alegre said. #geminiearn#boredape
$BTC Bitcoin Jumps to Near $28K as Bulls Bet on ETF Approval
Bitcoin (BTC) jumped some 4.5% in the Asian morning hours Monday amid hopes that a bitcoin exchange-traded fund (ETF) could get approved in the coming months, sparking bullish hopes. Bitcoin traded just under $28,000, reversing all losses over the past week. The jump seemed to be a continuation of Friday’s reaction to the U.S. Securities and Exchange Commission (SEC) decision to not appeal to a recent Grayscale ruling. The SEC will apparently not appeal a court reversal of a decision to Grayscale convert its popular bitcoin trust into a more investor-friendly exchange-traded fund, according to a person familiar with the matter, possibly clearing the way for the first bitcoin ETF in the U.S. This helped boost the odds the Grayscale Bitcoin Trust (GBTC) can be turned into a more appealing ETF. #BinanceSquare#BTC
$BTC Bitcoin traders eye weekly close volatility with $27K BTC price on radar Bitcoin price analysis on both long and short timeframes is now focusing on the importance of the $27,000 mark.$BTC #BTC