R
BAYC layoffs.
Yuga Labs, the $4 billion outfit behind the Bored Apes and other NFT projects, announced recently “that a number of roles have been eliminated across the company,” with restructuring cutting jobs in the US and leaving international roles under evaluation.
Now Yuga’s going “all-in on our Otherside strategy,” referring to its metaverse gaming land grab.
Meanwhile, someone continues to trade the tokens at prices of more than $40,000, and despite the NFT market’s ongoing slide, projects like Starbucks Odyssey and Nike’s .SWOOSH keep trying to make it catch on.
On Today's News
[Yuga Labs News]
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