Yuga Labs Agrees to Acquire Technology Innovator Roar Studios
MIAMI, July 31, 2023 /PRNewswire/ -- Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, 10KTF, and Otherside today announced it has agreed to acquire Roar Studios, a company at the convergence of gaming, social media, and the metaverse with deep technology and AI roots.
- Roar Studios' Founder and CEO, Eric Reid, to join Yuga as the General Manager of Otherside.
- Roar Studios is the developer of ROAR, an immersive media experience where artists and fans connect, collaborate, and compete in real time from anywhere.
- As Yuga Labs develops Otherside – its ambitious, interoperable metaverse – the Roar team will contribute their innovative technology, specialized expertise, and leadership.
- "Roar Studios has redefined what it means to experience media content in the metaverse," said Daniel Alegre, CEO of Yuga Labs.