Yuga Labs Appoints First Chief Gaming Officer (CGO)
  • Yuga CEO Nicole Muniz has said that gaming would continue to be a “main focus.”
  • By the end of 2022, the company hopes to have a full array of 100 people.

On Friday, Bored Ape Yacht Club NFT creators Yuga Labs announced the hiring of Spencer Tucker as the company’s first Chief Gaming Officer.

Tucker will be in charge of overseeing the creation of Yuga’s Web3 game initiatives, beginning with the “Otherside” metaverse. In January of this year, Otherside caused a stir on Ethereum by selling 561 million NFTs’ worth of land in only 24 hours for $561 million.

New Era of Gaming

Tucker has previous experience in the mobile game industry from his roles as President of Games at Scopely and Senior Vice President of Product at GREE. Moreover, Tucker said on LinkedIn that he was “super stoked” to be joining Yuga, the company that owns the CryptoPunks and the Meebits NFTs.

Tucker wrote:

“I believe the future of gaming will be powered by player ownership, social collaboration, and creative expression.”

Yuga CEO Nicole Muniz has said that gaming would continue to be a “main focus” for the firm. It’s remarkable since the NFT firm has four of the five largest Ethereum NFT collections ever recorded by OpenSea.

Despite a massive $450 million seed round and a $4 billion valuation, Yuga’s staff is still very modest. About 60 people have been added to the team so far. And by the end of 2022, the company hopes to have a full array of 100 people.

On the other hand, recently there was a release of the first Web3 product on the prominent PC gaming marketplace, Epic Games Store. And the game in question is Blankos Block Party, an online creativity game powered by NFT.

Open beta testing for Mythical Games’ title began in December 2020. And the developer said in June 2022 that the game had collected over a million players on its official website.

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