Yuga Labs, creator of the Bored Ape Yacht Club, has appointed Michael Figge as CEO, with Greg Solano assuming the role of board chair. Figge, who joined in 2021 and previously served as chief product officer, has already been acting as CEO for several weeks. Solano will continue to oversee creative initiatives. This leadership transition coincides with the company’s advancement of Otherside, a metaverse-driven metaRPG platform centered on player-owned digital assets and real-time interaction. The project aligns with broader trends in blockchain and gaming surrounding real-world assets (RWA).

According to The Block, Michael Figge has assumed the role of CEO at Yuga Labs, the developer of the Bored Ape Yacht Club series, with former CEO Greg Solano transitioning to Chairman of the Board. Solano stated that Figge, who joined the company in 2021, has been serving as CEO for several weeks and previously held the position of Chief Product Officer. This leadership change comes as Yuga Labs advances its metaverse project, Otherside—a metaRPG platform enabling players to own digital assets and interact in real-time with others. Solano will continue to be involved in creative direction, writing, and developing new ideas.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.