Share this article
Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO
Mike Seavers will join the home of Bored Ape Yacht Club on May 22.
By Brandy Betz
Updated May 9, 2023, 4:13 a.m. Published Apr 28, 2023, 1:00 p.m.
Mike Seavers, the former executive vice president of development at Fortnite creator Epic Games, is joining Yuga Labs as chief technology officer, effective on May 22.
The news comes about four months after Yuga Labs announced Activision Blizzard veteran Daniel Alegre as its new CEO.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Miami-based Yuga Labs is a Web3 giant and the home of popular non-fungible token (NFT) collections Bored Ape Yacht Club (BAYC) and CryptoPunks, the Otherside metaverse, and the apeCoin token (APE).
While NFT prices in general felt some pressure during crypto winter, the space continues to attract money and attention, and Yuga Labs stands as one of the most dominant players.
Seavers is stepping into a CTO role that is currently occupied by co-founder Kerem Atalay, who will remain on as a strategic adviser. Prior to joining Epic Games in 2021 Seavers was the CTO at Riot Games, the studio behind League of Legends and Valorant.
“Mike has a proven track record of taking organizations to the next level, and he shares our vision for how important digital identity and community will be for the future of the internet. We have an opportunity to be the Web3 platform at the forefront of entertainment, and Mike’s expertise will help us scale to achieve that,” said Yuga Labs CEO Daniel Alegre in the press release.
Read more: Gucci and Yuga Labs Are Bringing High Fashion to the Otherside
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Foundation behind restaking protocol EigenLayer plans bigger rewards for active users
An Incentives Committee would direct programmatic token emissions, focusing allocations on participants that secure AVSs and contribute to the EigenCloud ecosystem.
What to know:
- The Eigen Foundation has unveiled a governance proposal aimed at ushering in new incentives for its EIGEN token, shifting the protocol’s reward strategy to prioritize productive network activity and fee generation.
- Under the plan, a newly formed Incentives Committee would manage token emissions, prioritizing participants who secure Actively Validated Services and expand the EigenCloud ecosystem.
- The proposal includes a fee model that channels revenue from AVS rewards and EigenCloud services back to EIGEN holders, potentially creating deflationary pressure as the ecosystem grows.
Top Stories
