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Yuga Labs to Focus on Otherside Metaverse Extension!


Yuga Labs to Focus on Otherside Metaverse Extension!

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The post Yuga Labs to Focus on Otherside Metaverse Extension! appeared first on Coinpedia Fintech News

Yuga Labs has completed its recent restructuring and will now focus on developing its metaverse extension, Otherside, while supporting existing communities. Yuga Labs CEO Daniel Alegre said that the team was tripling down on community support for CryptoPunks. The company has been selective in its engagements for BAYC, such as collaborations with Gucci and BAPE®. Yuga Labs will accelerate the development of Otherside to build an immersive metaverse platform. The floor price of BAYC has dropped 64.5% this year to 24.69 ETH ($38,830) from 69.49 ETH on Jan. 1.

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