Yuga Labs Acquires Roar Studios to Enhance Otherside Project
Yuga Labs, a leading web3 company known for NFT collections like Bored Ape Yacht Club and CryptoPunks, has announced its acquisition of tech innovator Roar Studios. This move aims to strengthen Yuga Labs’ Otherside project, which is set to revolutionize virtual experiences in the metaverse.
Key Points:
– Yuga Labs is acquiring Roar Studios to add more value to its Otherside project.
– Roar Studios’ CEO, Eric Reid, will become the General Manager of Otherside.
– Reid brings valuable expertise in creating and distributing film, television, and music content.
– Roar Studios has created an immersive media platform called ROAR, which allows artists and fans to connect and collaborate in real-time.
– Otherside is a community-driven metaverse project that rejects traditional walled gardens in gaming spaces.
Yuga Labs’ CEO, Daniel Alegre, is excited about the acquisition, stating that Roar Studios has redefined the experience of media content in the metaverse. He believes that Roar’s dedication to creative content creation and social connections will accelerate the execution of Yuga Labs’ vision for Otherside and its ecosystem.
Hot Take:
The acquisition of Roar Studios by Yuga Labs showcases the company’s commitment to pushing the boundaries of the metaverse. By combining their expertise, Yuga Labs and Roar Studios have the potential to create truly immersive and community-driven virtual experiences that will transform the way we interact with digital content.
By
By
By
By
By