Yuga Labs Announced That It Has Made A Strategic Investment In The Spatial Computing Company Hadean
In an effort to make Otherside a reality, Yuga Labs has announced that it is building upon its recent partnership with the spatial computing firm Hadean and has made a strategic investment in the company in order to create the metaverse for the masses!
Things are anything but boring across the Yugaverse this evening following Yuga Labs' announcement that the company has made a strategic investment in Hadean to help create large-scale virtual experiences that can bring tons of players and creators together.
"As we double down on Otherside, and look to build out unique, live experiences in entertainment and gaming, we are excited about deepening our commitment through investing for the long term with Hadean," Yuga Labs CEO Daniel Alegre said in a press release. "Their differentiated technology and expertise in building immersive experiences across industries is unparalleled. We are aligned on a shared vision of our execution priorities to achieve the interactive possibilities of Otherside."
As the Bored Ape Gazette previously reported, Hadean was one of the four companies that Yuga Labs announced it was partnering with to ramp up its efforts to build Otherside last month.
At that time, Yuga Labs’ Co-Founder Garga called the partnerships part of Yuga Labs’ plan to ‘fulfill and accelerate vision for Otherside.’
Further, Garga told the community that Yuga Labs will be partnering with many companies to make Otherside a reality.
“I want to take the best of everything and throw it into Otherside,” Garga said on September 20th. “Greedy like that tbh.”
Following today’s strategic partnership announcement, Hadean CEO, Craig Beddis, said that he and his company are looking forward to helping Yuga Labs build the metaverse!
"We are thrilled to have the support of a company like Yuga Labs – an absolute leader in helping communities bridge the physical and digital worlds through their unparalleled storytelling and immersive experiences," Beddis said in a press release. "This latest investment, on top of our earlier announced partnership and commercial agreement, will help us collectively realize the ultimate potential that virtual worlds can bring to our daily lives."
The Bored Ape Gazette will continue to follow Yuga Labs’ strategic investment in Hadean and will keep you posted on all things Otherside! Stay tuned for updates!