Yuga Labs

The Ethereum network, which has seen a drastic decline in its gas fees since Q3 of 2021, has seen a

Yuga Labs collaborated with Hong Kong-based gaming company Animoca Brands to launch BAYC’s first metaverse play-to-earn game.

APE became the new market darling with over $7.77B trading volume.

The news became viral when The Block said they obtained a pitch deck from Yuga Labs, the team behind BAYC.