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Yuga Labs targets Otherside development after restructuring, CEO states

According to CEO Daniel Alegre, Yuga Labs has completed its restructuring process and is now focusing on its metaverse extension, Otherside. In a social media post on X, Alegre responded to concerns and feedback from Yuga Labs’ diverse NFT communities following the company’s announcement of restructuring and staff reductions earlier this month. I want to address some of the feedback the company and I have been receiving from many of you recently. I respect the relevant, pointed feedback as I know it comes from a place of wanting to see improvements in our Yuga communities. First, I will start with sharing some advice… — Daniel Alegre (@dalegre) October 18, 2023 “As difficult as it has been, that restructuring is complete, and we now begin refining the focus with our new team configurations,” Alegre said. Daniel Alegre outlined three main priorities for the newly restructured team: supporting existing communities, executing the development of Other...