Yuga Labs

Source: Wikipedia, the free encyclopedia.

Yuga Labs is a media company. It is best known as the creator of

Bored Ape Yacht Club NFTs[1] as well as others and also owns CryptoPunks
.

Yuga Labs was founded in 2021.

Bored Ape Yacht Club.[3] It released other NFT collections with the same theme afterwards.[4][5]

Originally the founders used anonymous names,[6] but all four were doxed in a widely covered incident in 2022[7][8][9][10] when their names were reported by BuzzFeed News.[11][12]

Yuga Labs raised $450mln in 2022.[13] Yuga Labs after that round was worth US$4bln.[14][15]

In 2022 Yuga Labs bought an NFT

Beeple game[16] and CryptoPunks.[17]

The company hired an Activision Blizzard president as its CEO in 2023.[18]

References

  1. ^ "Yuga Labs plans to restore spark around its NFTs".
  2. ^ Hissong, Samantha (November 1, 2021). "How Four NFT Novices Created a Billion-Dollar Ecosystem of Cartoon Apes".
  3. ^ "Inside Bored Ape Yacht Club's Plans to Master the Metaverse". CNET.
  4. ^ "From Otherside to Azuki: Every NFT Collection Worth Knowing". CNET.
  5. ^ "Yuga Labs refunds Ethereum gas fees from land sale".
  6. ^ "Why some crypto creators are choosing to stay anonymous with pseudonyms like 'Gargamel', 'Zeus'". February 22, 2022 – via The Economic Times - The Times of India.
  7. ^ Dafoe, Taylor (February 7, 2022). "Buzzfeed Exposed the Identities of Two Bored Ape Yacht Club Creators, Touching Off a Heated Debate About Pseudonymity in Crypto". Artnet News.
  8. ^ "Why Crypto Creators Want To Stay Anonymous". Forbes India.
  9. ^ Schneider, Tim (February 9, 2022). "How the Unmasking of the Bored Ape Yacht Club Founders Reveals the True Dangers of Anonymity in the Metaverse". Artnet News.
  10. ^ "Explained: Doxxing and how it can help stamp out scammers". CNBCTV18. July 14, 2022.
  11. ^ Notopoulos, Katie (February 5, 2022). "We Found The Real Names Of Bored Ape Yacht Club's Pseudonymous Founders". BuzzFeed News.
  12. ^ "Wrath of the Crypto bros: Buzzfeed attacked for revealing identity of Bored Apes NFT creators". Fortune.
  13. ^ "Yuga Labs valued at $4B after seed funding round".
  14. ^ "Bored Ape creator's next windfall: selling land in an 'open' metaverse". www.ft.com.
  15. ^ "Greg Solano & Wylie Aronow, Bored Ape Universe Creators". December 14, 2022 – via www.bloomberg.com.
  16. ^ "Yuga Labs 10KTF By Beeple, Brings WENEW On Board". Forbes India.
  17. ^ Kastrenakes, Jacob (March 11, 2022). "Bored Ape Yacht Club creator buys CryptoPunks and Meebits". The Verge.
  18. ^ "Bored Ape's New Boss Seeks to Revive NFTs Through Gaming, Events". April 27, 2023 – via www.bloomberg.com.