Consideration: Yuga Labs’ New CEO is a Sign of Significance for GameFi – Cryptonium News

Consideration: Yuga Labs’ New CEO is a Sign of Significance for GameFi

Yuga Labs’ decision to appoint Activision Blizzard CEO Daniel Alegre as CEO is of critical importance to GameFi as a whole, as Illuvium co-founder Kieran Warwick points out.

Understood. I believe @yugalabs will make good games now. This is important for all GameFi.
Every day we get news of new players in the traditional game entering the field, and DeFi 2.0 is cool, and I’m sure it’ll be a great addition to the GameFi community, and I’m sure it’ll be a great addition to the GameFi community. But the game will be the next story to start running.

-Kieran. eth ♊️ (@KieranWarwick) December 19, 2022
DeFi 2.0 is cool. But the game will be that story that launches next,” Warwick said.
On December 16, South American video game publisher Activision Blizzard announced the departure of

Alegre, whose employment contract expires on March 31, 2023, and he has served as president and chief operating officer since April 2020.

On November 19, Yuga Labs, the company behind the NFT collection Bored Ape Yacht Club (BAYC), announced that Alegre will resign as CEO at an annual rate of 1.50%.

  • Big news today on building the future of web3 – welcome @dalegre! https://t. co/yat8B5RnJx pic. twitter. com/MOZYRZ9ASX
    – Yuga Labs (@yugalabs) December 19, 2022
    Wiley Aronow, co-founder of Yuga Labs, said
    What is Web3?

Previously, the U.S. Federal Trade Commission was asked to block Microsoft’s position in its $68.7 billion acquisition of Activision Blizzard. According to the agency, acquisitions of video game publishers lead to unfair competition, price manipulation, and harm to customers from the company.

Recall that the law firm Scott+Scott filed suit against Yuga Labs on behalf of the holders of BAYC and ApeCoin plan tokens in December.

That same month, a court in the Central District of California denied the motion of artist Ryder Lipps and Jeremy Kahn, founder of Not Lava Labs’ NFT Marketplace, in their lawsuit against Yuga Labs. Unable to load all totals.

Cryptonium Editors