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Home»Market»CEO of Yuga Labs on the cryptography market: `This cycle is different ”
Market

CEO of Yuga Labs on the cryptography market: `This cycle is different ”

August 20, 2025No Comments
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Yuga Labs wants his game “Atherside” to be like the Roblox or the Fortnite of Crypto – and does not give up, despite the loss of the game of blockchain in progress.

Partly the digital social space, partly the video game in order to make content generated by users a massive part of the experience, the others are undoubtedly the most ambitious Crypto Metaverse project.

“This cycle is very different. I have the impression that each cycle of cryptography is a bit like a revenge on the excess of the last,” said Solano, CEO and co -founder of Yuga Labs, Greg “Garga” Solano.

“It is a strange cycle in this case, like the part of the quote” Consumer-Crypto “, is in fact incredibly silent. While North America arrives via cash companies, ETFs.

Things are certainly much more silent on the game front. Dappradar reported last month that the financing of crypto games was down 93% in annual sliding, and user activity is also down.

Yuga has experienced more than half a billion dollars in virtual virtual land sales in less than a single day during the NFT 2022 boom – after raising $ 450 million in funding.

If you ask me, if someone has the dough to send an expansive crypto game, it’s Yuga. But it also has a lot of pressure.

“Others’ basic holders do not really overlap a ton with the web3 game. It is an audience very concerned about its collectors. And I think this is also taken into account,” said Solano about the decision to give others a great social component.

On the development side, Solano said that the team of others “ship with a faster rate than ever”.

When asked if Atherside had enough funding for two to three years of additional development, Solano told Crypto investor Jonah Blake:

“Yes. From a distance. We can do it just with money without ever touching any cryptographic assets that we have.”


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