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BAYC Creator Yuga Labs Successfully Restructures to Prioritize Metaverse Development - Vimarsana News

BAYC Creator Yuga Labs Successfully Restructures to Prioritize Metaverse Development

Yuga Labs, the creative force behind the popular Bored Ape Yacht Club (BAYC) NFT collection, has completed a restructuring phase to position it for long-term…

Source: biztoc.com
NFTs creator Yuga Labs joins crypto sector layoffs spree amid challenges - Vimarsana News

NFTs creator Yuga Labs joins crypto sector layoffs spree amid challenges

Crypto industry sees string of layoffs, including Ledger, Moonbirds, and Yield Protocol

NFT Startup Yuga Labs Is Laying Off U.S. Employees Amid Its Ongoing Pivot to a Gaming Metaverse - Vimarsana News

NFT Startup Yuga Labs Is Laying Off U.S. Employees Amid Its Ongoing Pivot to a Gaming Metaverse

Yuga Labs, the company behind Bored Ape Yacht Club, says it has been stretched too thin and will refocus on gaming.

Source: artnet.com
Bored Ape Restructuring Emblematic Of NFT Shakeup; Billions Lost - Vimarsana News

Bored Ape Restructuring Emblematic Of NFT Shakeup; Billions Lost

NFTs may be dead. But some remaining aficionados and industry experts still think otherwise and here’s why.

Source: forbes.com
NFT creator Yuga Labs confirms layoffs as sector value plummets - Vimarsana News

NFT creator Yuga Labs confirms layoffs as sector value plummets

Yuga Labs reached a $4bn valuation last year amid the hype surrounding the NFT market, but a recent report suggests this sector has crashed.