Yuga Labs, a non-fungible token (NFT) heavyweight, announced the appointment of Spencer Tucker as its first chief gaming officer.
Tucker, who was previously president of games at Scopely, will lead Yuga’s gaming initiatives, including its Otherside metaverse project, according to a news release.
“Web3 is revolutionizing gaming, entertainment, and community in much the same way the shift to mobile revolutionized communication,” Tucker said in the Friday announcement. “I am beyond excited to join the Yuga Labs team and to continue building toward the new era of interoperability and community-empowered growth in the Otherside metaverse.”
Previously, the business outlined its vision for Otherside in a white paper, which advocated for open development, user-generated content, and interoperability in its online realm. It also recently staged a tech demo, allowing holders of Otherdeed NFTs to try out Otherside.
Otherdeed NFTs enable holders to own land in the Otherside metaverse; in May, all 55,000 Otherdeed lands NFTs were sold out in three hours.
“Yuga today is known most prominently for being the home of Bored Ape Yacht Club, CryptoPunks, and Meebits, but Yuga is more than that. Gaming is one of our main focus areas,” said Yuga Labs CEO Nicole Muniz. “We are uniquely situated to revolutionize the way we all think about web3 gaming through core principles such as ownership, utility, community, and storytelling.”