Yuga Labs will remove support for all upgradeable contracts and any new series of OpenSea SeaPort
Yuga Labs CEO Daniel Alegre posted on social media that in light of OpenSea's announcement yesterday that they will be phasing out their Operator Filter by February 2024 and instead charging optional creator fees for all secondary sales of all series, Yuga Labs will begin phasing out support for all upgradable contracts and any new series on OpenSea Seaport, with the goal of gradually completing this by February 2024 in accordance with OpenSea's decision. <br>
Class-Action Lawsuit Against MoonPay, Yuga Labs Names Sotheby’s As Defendants
A class action lawsuit is accusing cryptocurrency payment company MoonPay of colluding with Yuga Labs, the developer of Bored Ape Yacht Club, and several celebrities to inflate the value of NFTs. The witness claims to have been one of the few compliance employees at the company who was granted "additional access to files and data related to MoonPay customer financial transactions" during 2022. The complaint alleges that they were unable to find any information on celebrity clients, including basic personal profile information, compliance data, or any transaction history.
Yuga Labs Announced Its Comeback and Will Participate in the 2023 ApeFest Conference
After announcing his diagnosis of congestive heart failure and deciding to leave the "Bored Ape Yacht Club" (BAYC) project about 7 months ago, Yuga Labs co-founder GordonGoner.eth suddenly appeared on social media and announced his health status to the community. In addition, he announced that he will return to participate in the 2023 ApeFest conference. Prior to this, it was reported that the Bored Ape Yacht Club (BAYC) will hold the ApeFest monkey festival in Hong Kong from November 3rd to 5th, 2023.
nWay Unveils Hardcore AAA NFT Fighting Game 'Wreck League' with Yuga Labs IP for Inaugural Season
nWay, a subsidiary of Animoca Brands, has announced the launch of a new NFT fighting game called "Wreck League" in September. The game will allow players to build their own machines using interchangeable NFT parts and compete in 1v1 PVP battles. The game will also feature some of the biggest IP in town, with Yuga Labs lending its BAYC, MAYC, BAKC, and Kodas to the project. The game will launch on both PC and mobile devices and will be available on a Web3 platform initially, with a free-to-play Web2 environment opening later.
Yuga Labs' Latest Video Game Forge Retains Twice as Many Users as Previous Title
Yuga Labs, the web3 studio behind the Bored Ape Yacht Club NFT collection, has announced that its latest video game, Forge, is retaining twice as many users as its previous title, Dookey Dash. According to Yuga Labs Chief Gaming Officer Spencer Tucker, Forge has a day 10 retention rate of 42%. Tucker also noted that Dookey Dash led to many gamers setting up new wallets and that the vast majority of players who tried the game did not own a Yuga NFT. To play Forge, gamers need to own one of 30,000 HV-MTL NFTs, which have generated close to $64 million in trading volume since launching in March.
Yuga Labs Acquires Roar Studios to Strengthen Presence in Web3 Gaming Industry
Cryptocurrency technology startup Yuga Labs has announced its acquisition of Roar Studios, a company specializing in gaming and music, with the aim of strengthening its presence in the Web3 gaming industry. Roar Studios' Founder and CEO, Eric Reid, will become the general manager for Otherside, an upcoming metaverse game powered by blockchain technology developed by Yuga Labs.
Yuga Labs Previews Latest Developments for Otherside Metaverse and Emphasizes Importance of IP Licensing Conditions
Yuga Labs, the company behind successful NFT brands in the Web3 space, provided a sneak peek of their latest developments for the Otherside metaverse to a group of Bored Ape Yacht Club and Otherside community members. The preview included concept art for Otherside, a walk-through of a section of the island at the center of the metaverse, 3D versions of BAYC PFPs, and a teaser for Yuga's 2D strategy game, Legends of the Mara. Yuga's Chief Creative Officer, Michael Figge, stressed that Otherside will be a place where all communities can create things that resonate with their respective audiences.
HV-MTL Forge is Now Back Live
According to Yuga Labs, HV-MTL Forge is now back live since the update has completed.
Yuga Labs Enforces Intellectual Property Rights for CryptoPunks and Bored Ape Yacht Club NFT Collections
Yuga Labs, the Miami-based Web3 company that owns popular NFT collections CryptoPunks and Bored Ape Yacht Club (BAYC), is making headlines for enforcing its intellectual property rights. Recently, Tom Lehman, creator of the Ethscriptions Protocol, removed Ethereum Punk images from his website and the Ethereum Punks' website at Yuga Labs' request. This move has sparked discussions about the implications of Yuga Labs' earlier trademark-based legal victory for current NFT holders and creators.
Yuga Labs Announces the Return of ApeFest 2023 in Hong Kong, Reinforcing Bored Ape Yacht Club's Position in the NFT Landscape
Yuga Labs, the parent company of Bored Ape Yacht Club (BAYC), has announced the return of ApeFest 2023 in Hong Kong from November 3 to November 5. The event aims to reignite enthusiasm and reinforce BAYC's position as a symbol of social and cultural identity in the NFT world. ApeFest will be a multi-faceted convention experience, moving away from its previous association with NFT.NYC and exploring new locations and cultural integrations. Admission remains free for BAYC and Mutant Ape Yacht Club (MAYC) holders, but attendees must present a valid ticket via the tokenproof app and a refundable deposit system has been implemented.
