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Yuga Labs Co-Founder Unveils Projects Ahead For Bored Ape – Crypto News

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Yuga Labs co-founder Greg Solana has broken the silence on what he is working on for the broader Bored Apes franchise. Taking to his official X account, Solano said his update is based on his 10-day check-in to hold himself accountable.

What is Going on With Yuga Labs?

Since it made way with its launch and assumed the position of the biggest digital collectible franchise in the industry, Yuga Labs has been making an attempt to float working products. While Solano said the firm is not at the appropriate depth and command of the product yet, he named the key updates he is excited about.

The first project he mentioned is the ODK, touted as the best way to build and monetize a 3D game or social experience in crypto. The updates indicates a majorly game-centered innovation going on at Yuga Labs.

The Web3 firm is also working on Project Dragon, a shooting game Solano said is set in one of the world’s most absurd team fighting plot. The Yuga Labs boss confirmed that the game is being designed with the same toolset it is using to build ODK.

Besides the other “brand expressions” the firm is working on, Solano also unveiled the ApeFest. This is an event where thousands of Bored Apes owner from 56 countries will be gathering at a 15th Century Monastery. To make this event special, Solano revealed that merchs will be created and distributed to as expected.

To further bring additional value into the Yuga Labs ecosystem, Solano revealed that the team is exploring BAYC integration with other physical goods.

Expanding Digital Collectible Influence

Yuga Labs has been in the news lately with the recent layoff of some of its staff in a major restructuring move. In addition, the project announced an enhanced Non-Fungible Token (NFT) holders’ rights to empower its users the more.

While it is looking at restructuring its business, it has hinted at gaming as one of the most important gateways to dominate the scene. It is developing Dookey Dash, a simple to play game that will come with a tournament that might reward players with $1 million.

In all, Yuga Labs is looking to expand its partnerships so it can onboard more games that can drive user’s interest.

Read More: dogwifhat Price Analysis: WIF Eyes Breakout Rally to $3 Amid Major Whale Trades

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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