Some news to share:
After serving as CEO the past couple years, I’m moving into the role of Chairman of the Board, and @mfigge will become Yuga’s next CEO.
Figge is the absolute best person for the job. There’s no one I trust more to lead Yuga through this next chapter.
He’s relentless about product quality, he thinks longterm, and he knows how to take a vision and make it real. His work on Otherside the past year is proof of that, and you haven’t seen the half of it.
And I’ve loved watching Figge get his hands dirty in the world of BAYC over the last few weeks. The club is better for it.
Creative direction, writing, and figuring out insane ideas is still where I do my best work. And with Figge taking over the CEO role, I get to go back to it. I can’t wait for what Yuga builds next.
Today we're making changes to ApeCoin.
Yuga Labs and ApeCo (fka Ape Foundation) coordinate, but operate in parallel. To keep the orgs and leaders in sync, a coordination tax is paid in additional handoffs and added decision-making checkpoints.
This made sense when the lack of regulatory clarity forced crypto to contort into strange formations just to ship.
That era is over, and we need to reset from first principles.
Simpler, with less coordination tax.
Cam helped build and lead ApeCo, and he’s fully aligned with me on this reboot. With the reset, the separate ApeCo lead role no longer makes sense in the same way. Cam is stepping down from that role.
The core ApeChain tech and BD teams will now work directly with Yuga, so the chain and its partners will be well served. Some other members of ApeCo will be departing - they’re really great people and we’re thankful for their hard work. This transition will be complete by June 5th.
ApeCoin should not feel like a separate bet from all the other progress Yuga is making with its brands. Everywhere else we are building holders with real conviction and ApeCoin will be no different.
So I’m currently planning a roadshow in June with key and prospective partners, exchanges, investors, institutions and community members in Hong Kong, Shanghai, Taipei and Seoul. We’re going to show up in person and build the relationships that move BAYC, Otherside, and ApeCoin forward together.
This is a first step, but not the only step.
STG is the world's largest manufacturer of traditional pipe tabacco and handmade cigars
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#1 global market leader for pipe tabacco
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proud of the team for shipping this
bored ape yacht club
Being in the US Steel business IRL made the Red White and Blue on this Ape def hit home❤️. Special thanks always to @GrailsOTC@_PPMan_ for putting this Gold grail set deal together today ! Appreciate the seller @skynine111 for helping get this done. Great collector and even greater person. The long price stalemate was finally broken with 2 bottles of my Olujo Tequila promised to go out to the previous owner on Monday !!!!
it’s been a month since announcing my transition to ceo at yuga
the team has done great work over the last 30 days
and the next few weeks will be an important part of the shift
bored ape yacht club
I wanna be following all apes
can you reply here if I’m not following you
if I’m already following you, pls RT this for better vis
apes together strong
Wanted to keep supporting the strong @BoredApeYC@mfigge momentum with the purchase tonight of this epic Golden Ape set from OG collector J1mmy. Special thanks to @_PPMan_ and @GoldenBronny using the new @GrailsOTC for putting this flawless transaction together. 💚