BAYC co-founder Greg Solana has been named CEO of Yoga Labs
Greg Solano, one of the inventors behind Bored Up Yacht Club's (BAYC) peerless token (NFT) suite, has become the new CEO of Yuga Labs.
Solano, one of the company's founders, will replace Daniel Alegre, who took over as CEO last April.
“I am stepping back as CEO of Yoga Labs,” Solano said in a Feb. 21 X post, adding that he is “refreshed to play a part in our next chapter.”
Some news to share:
I am back to work as the CEO of Yoga Labs. Wylie Daniels and I are grateful for his contributions and practical strength to the company, and we appreciate his thoughtfulness and mentorship over the past year. I am again encouraged to take…
— Garga.eth (Greg Solano) (@CryptoGarga) February 21,
Under his leadership, Yoga Labs will seek to build on BAYC's services by creating more innovation and refocusing on building more partnerships, Solano said.
He explained that the BAYC facility came from “everyone in the circle” and highlighted the successes that have expanded the BAYC brand – namely ApeFest and Made by Apes.
“We want to challenge the BAYC team to challenge the vision as much as possible from Yuga. More focus, more agility. So it can do the above, and create a space for magic and crazy trash that we get up to again and again.”
Solano stated that a new company “BAYC LLC” was formed as a subsidiary of Yuga and will be responsible for all matters related to BAYC.
He's also focused on picking up speed with another side, the company's upcoming Metaverse project.
“We have a lot of work to do. It really builds if you all come in and have lots of experience.
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Yuga Labs plans to hold a “Monkeys Come Home” player testing event later this month.
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Alegre comes aboard Yuga Labs having previously served as president and chief operating officer of gaming giant Activision Blizzard.
In the year
BAYC floor prices were up nearly 10% on news of Solano's return to CEO, reaching $69,750 at 23.85 Ether (ETH) at the time of publication.
Solano co-founded Yoga Labs with Willy Arono, Zeshan Ali and Kerem Atalai in February 2021.
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Aronow is currently battling health issues and is only contributing to Yoga Labs in a limited capacity.
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