Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest

Yuga Labs Sells IP Rights of Two NFT Games in Strategic Move – Here’s the Latest

Cryptonews

Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFTs, has sold the IP rights of two of its games, Legends of the Mara and HV-MTL, to Web3 gaming firm Faraway. The move is part of a strategic restructuring effort to refocus the organization. Simultaneously, Yuga Labs’ chief gaming officer, Spencer Trucker, has joined Faraway as its new chief product officer.

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