CEO, Yuga Labs
Search every verified Daniel Alegre interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Daniel Alegre, CEO of Yuga Labs, has described the current state of web3 technology as still being complicated and behind the opportunity, comparing it to the early days of the mobile revolution. He has stated that disruptive technologies always face entrenched interests and that user trust is hindered by the complexity of the space and fears of scams. Alegre has expressed optimism about infrastructure investment in the sector, drawing a parallel to the early internet era of AOL, and has said he believes the technology's potential will be realized over time. Alegre has emphasized Yuga Labs' focus on community-driven brand building, describing the model of granting NFT holders full commercial IP rights as a revolutionary approach to IP ownership. He has stated that the company is committed to the long term and is focused on creating gaming and metaverse experiences through its Otherside platform, with the goal of exposing web2 gamers to the value of web3. Alegre has also discussed the company's stance on creator royalties, expressing disappointment with OpenSea's policy change and highlighting a partnership with Magic Eden based on a contractual commitment to support royalties. He has noted that the company is expanding its presence in Asia Pacific, citing strong enthusiasm from both crypto enthusiasts and regulators in the region.
“Disruptive tech and new business models always have entrenched players who have a vested interest for it not to be successful.”
“If I don't know it or I don't understand it, I can't trust it — and when you look at what's going on in the web3 space this is a very, very complicated conceptual thing to get your head around.”
“This technology is still behind where the opportunity is — just like I saw where Android and iPhone were going with the mobile revolution — this is one of those pivotal moments; it's going to happen, it's just a matter of time.”
“The other part is the tech is still complicated — there's still a lot of fear of scams and vulnerabilities in the tech.”
“When I went to the crypto events in Singapore last year I was very happy to see how much infrastructure investment was going into the space — a little like the AOL situation where you just needed to fix the infrastructure and then everything would go off to the races.”
“The importance of listening to the community and getting real-time feedback is something that's taken some getting used to. The sentiment changes from week to week, day to day, and sometimes from minute to minute.”
“If you look at a brand like Mickey Mouse or McDonald's, the amount of time it actually takes to be able to build it and the investment that's required versus giving the IP to a community and the community builds it together with you, that's a revolutionary new way of thinking about IP and brand creation.”
“We are so focused on creativity, artistry, and storytelling that we don't cut corners. We are in it for the long haul and we're building for the long haul.”
“Imagine if other side can really be the equivalent of what YouTube was to the internet; other side can be to web 3.”
“I want Yuga Labs to be the front door to web 3 and this is a core strategy of that.”
“We were very disappointed with what OpenSea did. For web3 to really flourish we need great content and great experiences, and we fundamentally care about creative royalties — they're a way to fund the fantastic work creators do.”
“Our community is actually investors in this global brand — they're helping build it, and that community-driven brand-building is transformative.”
“If you give the owners of the NFT full commercial rights over the creative and let them do with it what they want, that is an incredibly revolutionary idea — it turns IP ownership on its head.”
“When OpenSea announced their change it was crystal clear for us that we as industry leaders needed to make a stance for creators and the protection of creator royalties; Magic Eden stood out and made a contractual commitment to support creator royalties.”
“If we start creating gaming experiences not only do we satisfy our existing community but we can also give a window of exposure to web2 gamers so they can see what the value of web3 is — once a web2 player sees identity and participation in the economy, trading of digital assets amongst players, it's very hard for them...”
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In this episode of Edge of NFT, Yuga Labs CEO Daniel Alegre unpacks the transformative impact of Web3, comparing it to the early days of the internet and mobile technology revolutions! Support us through our Sponsors! ☕ 💲 Simplify your crypto payments with Request Finance and get 1 month FREE through our referral link: https://bit.ly/RequestFinance 🎥 Want to make content like ours? Sign up with Castmagic to make your creative process easy: https://bit.ly/CastmagicReferral 🌐 Want to own a Web3 domain? Check out our frens at Unstoppable Domains to get you a piece of the web - no annual fees E…
In this exclusive interview, Alegre from @YugaLabs discusses the groundbreaking concepts driving the next wave of digital ...
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Daniel Alegre, Chief Executive Officer, Yuga Labs In conversation with: Jeff John Roberts, FORTUNE.
Daniel Alegre, Yuga Labs' new CEO and former Activision Blizzard executive, discusses his vision for Web3 gaming at Consensus 2023.
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