Yuga LabsBoth HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’ Chief Gaming Officer As a result, Yuga Labs now has two gaming properties remaining in-house: The ApeCoin-powered metaverse gaming platform The move is an apparent attempt to We have some exciting news to share. Our friends @Farawaygg are acquiring the HV-MTL and LoTM brands, where they’ll focus on rewarding these communities. To help manage this transition, @EverydayZukini will be joining the Faraway team as the new CPO.More info in the thread… https://t.co/twXnFsUYG1— Yuga Labs (@yugalabs) April 17, 2024“This move is one step in making sure Yuga’s gaming focus is razor-sharp on 3D Otherside, so we can be telling stories and delighting people (fast) there,” Solano said. “I’ll have more news to share on that front soon.”Stripping away some of its gaming efforts gives more time and space for Yuga Labs to refocus its efforts on Otherside and its profile picture (PFP) NFT collections—such as BAYC, CryptoPunks, and most recently HV-MTL ForgeDespite MV-MTL and Mara being sold, Yuga Labs will be working closely with Faraway to “ensure interoperability.” The primary example of this is that, while still owned by Yuga, Koda creatures in Mara will now contribute to the Faraway points system for the freshly acquired games. Players of both games will earn rewards via Faraway’s system.Solano Both Otherside and Dookey Dash are named in that post; HV-MTL and Mara are not. “When they approached Yuga with the idea of acquiring HV-MTL and LotM, I was tempted,” Solano explained. “But when they shared their vision and made it clear that they had a plan to start rewarding the community from day one, I was in.”After “over a year” of conversations between Faraway and Yuga Labs, Solano wrote, a deal has finally been completed. Faraway is now officially the owner of HV-MTL and Legends of the Mara, along with NFT collections tied to the games. And Yuga Labs can continue to realign its focus around its biggest games and properties.Edited by Andrew Hayward
