Yuga Labs, a Miami-based Web3 chief, has introduced that Mike Seavers, the previous Government Vice President of Improvement at Epic Video games, will be a part of the corporate as Chief Expertise Officer (CTO) on Could 22. Seavers will take over from present CTO and Co-Founder Kerem Atalay, who will stay with the corporate as a strategic advisor.
Seavers has over 20 years of expertise as a know-how and product chief, having led the event groups behind Unreal Engine, Fortnite, and the Epic Video games Retailer throughout his tenure at Epic Video games. He was additionally the Chief Expertise Officer of Riot Video games, the place he supported the event of video games similar to League of Legends and Valorant. Seavers has expertise past the gaming business, having labored with a number of Fortune 500 firms prior to now.
“There have been uncommon moments over my profession the place I felt like a brand new know-how was creating a real paradigm shift for the world,” mentioned Seavers. “I acknowledge that web3 is a type of moments, and I’m completely thrilled to hitch Yuga Labs to assist usher in a brand new period of the web that impacts the world for the higher.”
Yuga Labs CEO Daniel Alegre expressed his pleasure about Seavers’ appointment, stating that his expertise and experience will assist the corporate scale and obtain its imaginative and prescient of being the Web3 platform on the forefront of group and social engagement, by way of media and leisure. Alegre additionally acknowledged Atalay’s contributions to the corporate and expressed delight that he’ll proceed to be concerned as a strategic advisor.
In his assertion, Seavers expressed his perception within the potential of Web3 to create a paradigm shift for the world and said that he’s thrilled to hitch Yuga Labs to assist usher in a brand new period of the web that impacts the world for the higher.
Yuga Labs has been shaping the way forward for Web3 by way of storytelling, experiences, and group, reinventing what real-world utility for NFTs seems to be like and pushing the house ahead as an entire. Yuga Labs made headlines as one of many first firms to launch IP licenses to their NFT holders, acquired and launched rights to different prime collections similar to CryptoPunks and Meebits, and made Web3 historical past with record-breaking synchronized participant participation of their latest initiative, Otherside. Yuga Labs raised a $450M seed spherical at a $4B valuation in March 2022.
Mike Seavers Expertise in Gaming
Mike Seavers’ appointment as the brand new CTO at Yuga Labs is a major growth not only for the corporate, but additionally for the gaming business and the Web3 house as an entire. Seavers has a confirmed observe file of growing progressive platforms for a few of the world’s prime gaming firms and has led the event of a number of extremely profitable video games. His experience will probably be invaluable in growing and scaling Yuga Labs’ gaming and metaverse initiatives, similar to Otherside and Bored Ape Yacht Membership, and advancing the real-world utility of NFTs in Web3. This transfer by Yuga Labs underscores the rising significance of gaming and leisure within the Web3 house and highlights the potential of NFTs and blockchain know-how to create new and thrilling methods for individuals to work together and interact with media and leisure.
