Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest
1 year ago
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Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs' chief gaming officer, Spencer Trucker, has joined Faraway as its new chief product officer.
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