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FROM BUYER TO BOARD MEMBER: HV-MTL Owner And Prolific NFT Collector Adam Weitsman Joins Yuga Labs' Board of Directors As The Company Doubles Down On The BAYC, Otherside, And ApeCoin

  • Writer: Kyle
    Kyle
  • 4 hours ago
  • 2 min read

From buying NFTs to helping build the future of the Web3! Hv-MTL owner and prolific NFT collector Adam Weitsman is officially joining Yuga Labs' Board of Directors as the company doubles down on its three core pillars: the Bored Ape Yacht Club, Otherside, and ApeCoin.


 

On Wednesday, Yuga Labs CEO Michael Figge officially announced that Weitsman had joined the company's Board of Directors to help guide the company into into the future!


“Today @AdamWeitsman joins the Yuga Labs Board of Directors,” Figge tweeted. “Building toward the next cycle means putting the right people in the right seats. Adam is a self-made entrepreneur across multiple industries and one of the most impactful collectors in the space. But what sets him apart is character - he’s been a genuine friend to me and to this community when it counted most. If you’ve ever spent time with Adam, you’d know that he’s got an incredible work ethic, relentlessly pursuing success in everything he does. He’s the kind of person you want in your corner heading into the next cycle. BAYC, Otherside, and ApeCoin.”

 

 

 

Weitsman's joining comes just months after the notable collector told his HV-MTL community that he would soon be joining Yuga Labs' Board of Directors, teasing that the best was still to come.


“I have gotten an inside look at otherside. It’s better than I have ever imagined,” Weitsman wrote. “It’s important that we are there. That is the priority and focus. The good thing is now we don’t have to guess about otherside. I have a seat at the Yuga table to share with all of us. Figge has this firing on all cylinders.”

 

 

After Figge's announcement, Weitsman echoed those earlier comments, saying he hopes to use his seat on the board for the betterment of the whole community!


“I’m ready to put in the work and build,” he tweeted. “The main reason I took this position is because I believe in the potential of Yuga, Figge and the entire web3 ecosystem. These are early days and we’re going to grow this industry together. I won’t be taking any compensation in this role so that I can remain an unbiased liaison between the Ape community and Yuga Labs.”

 

As the Gazette previously reported, Weitsman's first got into NFTs after a friend gifted him a Meebit that looked like him back in 2021 . This gift sent Weitsman down that rabbit hole that is NFTs which led him to purchasing the Golden Key from Dookey Dash for $1.6 million USD in 2023.



 

Then throughout the multiyear NFT bear, when most everyone wrote NFTs off, Weitsman bought.


Today he easily has the most impressive collection in all of crypto complete with six Bored Apes, five Mega Mutant Apes, 8,000 Otherdeeds, 50 Pudgy Penguins, 684 Creepz, 179 Good Vibes Club NFTs, 1,036 Meebits, several 1/1 Normies, and countless other digital collectibles.


 

The Gazette will continue to follow Weitsman in his new position on Yuga Labs' Board of Directors. Stay tuned for updates!.

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