Global #yuga labs

Yuga Labs, the powerhouse behind the Bored Ape Yacht Club (BAYC) and ApeCoin, has made a strategic move to further solidify its position in the Web3 landscape.

Since its inception in April 2021, the Bored Ape Yacht Club (BAYC) has captivated the cryptocurrency world with its unique digital collectibles. Created by Yuga Labs, BAYC features 10,000 distinctive NFTs on the Ethereum blockchain, which have become symbols of digital status and identity.

Yuga Labs, the creative force behind the immensely popular Bored Ape Yacht Club NFTs, is stepping away from its association with Cryptopunks, another notable NFT collection highly regarded in the crypto community.

Yuga Labs, the business behind the non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), has announced yet another layoff and company restructure in just over six months. Greg Solano, the company's CEO and co-founder who assumed the role in February, made this announcement.

For Yuga Labs' Otherside metaverse, the high-end clothing brand Gucci created a limited-edition pendant that will be available in both physical and nonfungible token (NFT) versions.