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The Blockchain Gaming Company Faraway Acquires the Game Intellectual Properties of Yuga Labs
Yuga Labs has sold game intellectual properties (IPs) HV-MTL and Legends of the Mara to Blockchain gaming company Faraway. In addition, the company has implemented a new points system for these NFTs, which is determined by a variety of factors. Chief Product Officer Spencer Tucker, an industry veteran of Web3 gaming, was appointed to lead the effort.
Faraway, a blockchain gaming company, has reportedly acquired game intellectual properties HV-MTL and Legends of the Mara from Yuga Labs, as reported by Foresight News. A new points system is also intended to be implemented by the organization for HV-MTL and LoTM NFTs.
The term 'HV-MTL points' will be added to the metadata of every HV. The baseline level, companion, and power score of user HVs will be considered when establishing the points. The metadata field labelled 'LoTM points' will be added to every Koda and Kodamara. Although the Otherside Koda series will continue to be produced by Yuga, Kodas will continue to accumulate points. The points baseline shall be established in accordance with asset and ability categories, including Mega Y/N and Weapon Y/N.
Spencer Tucker, an experienced professional in the Web3 gaming sector, has been appointed as the Chief Product Officer of Faraway.
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