Yuga Labs hires a chief gaming officer to further its Web3 gaming ambitions
Yuga Labs, the creator of the Bored Ape Yacht Club digital collectables, acquired its first-ever chief gaming officer in industry veteran Spencer Tucker last week. The company's latest staff addition will help its push into the blockchain gaming scene.
Tucker previously plied his trade at Scopely and GREE, both mobile gaming companies, where he served as President of Games and Senior Vice President of Product, respectively.
His new role at Yuga Labs will see him oversee the company's web3 gaming projects, including the Otherside metaverse. In April, the Otherside held its NFT land sales which generated over US$500 million in less than 24 hours.
'Web3 is revolutionizing gaming, entertainment, and community in much the same way the shift to mobile revolutionized communication,' Tucker said. 'I am beyond excited to join the Yuga Labs team and to continue building toward the new era of interoperability and community-empowered growth in the Otherside metaverse.'
Yuga Labs' new appointment is the company's way of informing the public that it is involved with more than just NFTs, especially with CEO Nicole Muniz identifying gaming as a sector the company is interested in exploring.
'Spencer brings a passion for and deep knowledge of gaming and shares our vision for the Otherside metaverse,' said Muniz. 'Yuga today is known most prominently for being the home of Bored Ape Yacht Club, CryptoPunks, and Meebits, but Yuga is more than that. Gaming is one of our main focus areas. We are uniquely situated to revolutionize the way we all think about web3 gaming through core principles such as ownership, utility, community, and storytelling.'
In March, Yuga Labs acquired the rights to the CryptoPunks and Meebits NFT collections from creator Larva Labs.
The company has also revealed its intentions of bolstering its human resource. Starting the year with ten employees, Yuga Labs now has around 60 workers, with plans to increase the count to 100 by the year's end.