Shulou(Shulou.com)11/24 Report--

On the morning of December 20, Beijing time, it was reported that Yuga Labs, the developer of Bored Ape (boring ape) NFT, a startup in Meta Universe, said on Monday that Daniel Alegre, chief operating officer of Activision Blizzard, the developer of call of Duty, would join the company as its chief executive.

Allegri, who has been chief operating officer of the video game publisher since April 2020, will succeed Nicole Muniz as chief executive of Yuga in the first half of 2023. Muniz will continue to serve as partner and strategic adviser to Yuga.

The news comes just days after the Biden government sued to prevent tech giant Microsoft from buying Activision Blizzard for $69 billion.

Activision Blizzard said in a document on Friday that Allegri informed Activision last week that he planned to look for another opportunity after his current term ends on March 31.

"since becoming popular with the boring Apes Yacht Club (Bored Ape Yacht Club) in 2021, Yuga Labs has quickly become famous through a powerful combination of storytelling and community building," Allegri said. "

The start-up said in March that it was valued at $4 billion after Andreessen Horowitz's encryption fund, a16z crypto, led a $450 million fundraising.

NFT stands for irreplaceable tokens and is a digital asset that uses blockchain technology to record who owns digital items such as images, videos, or in-game items. Boring ape NFT is often used as an avatar on social media.

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