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Home»BLOCKCHAIN NEWS»Greg Solano Claims CEO Position at Yuga Labs Amid Market Competition
BLOCKCHAIN NEWS

Greg Solano Claims CEO Position at Yuga Labs Amid Market Competition

By Crypto FlexsFebruary 22, 20241 Min Read
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Greg Solano Claims CEO Position at Yuga Labs Amid Market Competition
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Greg Solano, co-founder of Yuga Labs, will succeed Daniel Alegre as CEO of the company.

Alegre, the former COO of Activision Blizzard, has been in the role for about 10 months. Yuga Labs, creator of the popular Bored Ape Yacht Club Non-Fungible Token (NFT) collection and ApeCoin (APE), has acquired notable NFT projects including CryptoPunks, 10KTF, Meebits, and most recently the PROOF collective’s Moonbirds NFT project.

News to share:

I am stepping down as CEO of Yuga Labs. Wylie and I appreciate all the contributions and operational rigor Daniel has brought to the company, and we appreciate his thoughtfulness and mentorship over the past year. I am…

— Garga.eth(Greg Solano) 🍌(@CryptoGarga) February 21, 2024

Solano’s initiatives as CEO include establishing a Yuga subsidiary dedicated to the Bored Ape Yacht Club, strengthening communications about the Otherside metaverse and an impending third playtest, and developing additional game projects aimed at the mass market.

The leadership transition comes as the Bored Ape Yacht Club faces stiff competition from its recent Pudgy Penguins project. surpassed Lowest price on Bored Apes.

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