TechFlow News, April 17: According to The Block, Yuga Labs—the developer behind the Bored Ape Yacht Club (BAYC) collection—has appointed Michael Figge as its new CEO, succeeding Greg Solano, who has transitioned to Chairman of the Board. Solano stated that Figge joined the company in 2021 and has served as CEO for several weeks, having previously held the role of Chief Product Officer. This leadership reshuffle coincides with Yuga Labs’ ongoing development of its metaverse project, Otherside.
The company describes Otherside as a metaRPG platform enabling players to own digital assets and engage in real-time multiplayer interactions. Moving forward, Solano will continue contributing to creative direction, writing, and the development of new ideas.
