Summary
TLDR: Yuga Labs co-founder Greg Solano is taking back the CEO position from Daniel Alegre. Solano plans to unshackle the Bored Apes Yacht Club team and ramp up communications for Otherside. A new company, BAYC LLC, will be responsible for everything BAYC. Alegre had previously announced US layoffs and emphasized a focus on Otherside.
Key Points
1. Yuga Labs co-founder Greg Solano is taking back the CEO position from former Activision Blizzard CEO Daniel Alegre.
2. A new company, ‘BAYC LLC,’ has been created as a Yuga subsidiary to oversee the Bored Apes Yacht Club team.
3. Solano plans to ramp up Otherside communications and make it the default space for users to interact with their Web3 communities.