Yuga Labs has announced the launch of a new division called "The Workshop" aimed at creating innovative products for the ApeChain platform. Company CEO Greg Solano stated that this move is directed towards active on-chain technology development.
The Mission of "The Workshop"
The mission of Yuga Labs new division is to create ground-breaking products for ApeChain. This move is part of the company's aim to learn from organizations like Coinbase and move towards aggressive on-chain technology development.
Team and Goals
Greg Solano explained that "The Workshop" is composed of thirteen of the most talented engineers and product developers within the organization. The group's mission is to build the crypto community's trust in decentralized apps (dApps) by developing innovative content, tools, and infrastructure.
Plans and Prospects
Solano emphasized that Yuga Labs aims to stand out by quickly delivering innovative on-chain products. He also referenced Coinbase's decision to fully commit to its Base chain as an example of the creative and focused approach he hopes to see implemented at the firm. Launching The Workshop's first batch of products on ApeChain in the next few weeks will be a major milestone on the road to the anticipated mainnet release.
Yuga Labs is actively moving towards creating revolutionary on-chain products, which could change the dynamics of the cryptocurrency market. The company faces many challenges and opportunities ahead.
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