What Yuga Labs wants to build after raising $450M

What Yuga Labs wants to build after raising $450M

2 years ago
Anonymous $R5WK5a8uaN

https://techcrunch.com/2022/03/23/what-yuga-labs-wants-to-build-after-raising-450m/

The Yuga Labs investor deck from February is a fascinating document, bringing together gaming, a new currency, and an ever-growing pool of digital assets that can be bought and sold by fans of Yuga’s well-known NFT project Bored Ape Yacht Club.

I ran through the deck last night and again this morning to get a better grip on the company’s financials, expectations, and business promise. But we can’t really get into those matters until we talk about what the company has in mind — recall that Yuga raised $450 million at a $4 billion valuation, a deal that it announced earlier this week.