Blockchain
“Tremendous signal and validation” – Activision’s top executives to take the helm of Yuga Labs
Published
1 month agoon

The appointment of an Activision Blizzard senior executive to a leadership position at Yuga Labs parent company Bored Ape Yacht Club (BAYC) is seen as a boon to its analytics efforts and another sign of validation in the crypto industry.
On December 19, Yuga Labs confirmed that it had appointed Activision Blizzard’s current president and chief operating officer Daniel Allegri as its new CEO, who will take over the company in the first half of 2023, succeeding current CEO Nicole Muniz. .
Activision Blizzard, a gaming giant with a market capitalization of about $60 billion, depending To Yahoo Finance Responsible for popular game franchises such as Call of Duty, World of Warcraft, Diablo and Overwatch. Allegri has held this position since 2020.
Kieran Warwick, co-founder of Blockchain Illuvium role-playing game he said on Dec. 19 Mail Yuga Labs’ new hire is “big for all GameFi,” suggesting that the next bull race in the cryptocurrency market will come from Web3-based games.
“Every day comes more news about new players from traditional games entering the space. DeFi 2.0 is great. But gaming will be the narrative that starts the next round,” he explained.
Andrew Soro, Vice President, Global Business Development An immutable blockchain technology company He added a similar comment in a reply to Warrick, noting that the appointment is: “a tremendous reference and space validation.”
We couldn’t agree more secret! Huge reference and validation for the space. rising
– Andrew Soro – (soro) December 19, 2022
NFT proponent and managing partner of the NFT investment fund Sfermion Andrew Steinwold called “Wild” news.
“Someone of this caliber is jumping into the NFT space to head a leading company?! Huge news and a positive signal for our entire industry.”
According to Dec. 19 Release From Yuga Labs, Alegre will work closely with Yuga Labs founders Wylie Aronow and Greg Solano.
Willie Arono, co-founder of Yuga Labs, explained that they’ve been “looking for someone with Daniel’s specific skill for some time” to help with “our vision of a truly interoperable metaverse.”
In a statement, Allegri said he was looking forward to the new role, noting that the company’s pipeline of products, partnership and intellectual property represents “a tremendous opportunity to define the metaverse” in a way that gives creators and users ownership of their identity and digital assets.
Some personal news, I have made the decision to leave my position as President and Chief Operating Officer of Activision Blizzard at the end of the first quarter of next year to pursue a new opportunity.
– Daniel Allegri (@dalegre) December 16, 2022
His contract with Blizzard expires on March 31, 2023, at which point he will assume the CEO position at Yuga Labs. Current Yuga Labs CEO Nicole Moniz is set to remain a strategic partner and advisor.
Related: How GameFi is contributing to the growth of cryptocurrency and NFTs
Founded in 2021, Yuga Labs is developing digital collectibles and is arguably best known for its Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT sets.
He has been working on a Metaverse product called “Otherside”, which uses game mechanics from mainstream MMORPGs and Web3 technology.
the other side It attracted 4,500 people At the “First Flight” technology demonstration in July. 16, said the developers of the project paper That development will be shaped by the participation of the members of the future society.
While he witnessed November 15th The company acquired 10KTFan NFT game founded by digital artist Mike “Beeple” Winkelmann.
Published on By join us cable A channel to stay up to date on breaking news coverage The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside. Key levels: Resistance levels: $300, $310, $320 Support levels: $130, $120, $110 BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel. According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal. However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively. Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below. However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage join us cable A channel to stay up to date on breaking news coverage Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel. Key levels: Resistance levels: $2.00, $2.20, $2.40 Support levels: $0.50, $0.30, $0.10 DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency. the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart. Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14). Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below. Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage Published on By SEC Head Gensler Discusses Crypto Regulation After FTX Collapse – Says This Field Is ‘Bigly Incompatible’ – Bitcoin News Regulatory Oryen Network is the new face of DeFi, with Pancakeswap and 1 inch showing that sustainable yield is possible. Analysis – Jail fueled Lula’s determination to tackle poverty over profit. By Reuters Jules to enter management after failing to secure new funding China will use the cuts at the appropriate time to keep liquidity ample, Reuters reported, citing state media What does the midterm elections mean for today’s trading: live analysis France to release €5 billion in SDRs for countries at risk under G20 programme. By Reuters US Treasury Secretary, Indian Finance Minister Discuss Crypto Regulation – Bitcoin News Regulatory
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