Binance Intends To Increase Workforce By 5,000 People In 2023, Yuga Labs Launches Skill-Based NFT Mint

Binance CEO Changpeng Zhao said on January 11, 2023 that the company is planning a recruiting drive this year. He was speaking at the Crypto Finance Conference in St. Moritz, Switzerland.

This is a rather contrarian stance in the face of massive personnel reductions at crypto companies due to the ongoing pressure on coin prices.

Zhao said Binance will increase its workforce from 3,000 employees to “nearly” 8,000 by 2023.

Other rival exchanges have been forced to shed significant portions of their workforces after the crypto market lost about $1.4 trillion in 2022, and key digital currencies like Bitcoin and Ether saw massive fall in prices.

“We will continue to build, and hopefully, we will ramp up again before the next bull market,” Zhao said.

Skill-Based NFT Mint Announced by Yuga Labs

Yuga Labs, the design agency behind Bored Ape Yacht Club (BAYC), will expand the non-fungible token (NFT) ecosystem by starting with a free mint and a skill-based game.

The multi-step, one-of-a-kind drop starts on January 17, 2023, with a complimentary mint dubbed Sewer Passes for current members of the Bored Ape Yacht Club and Mutant Ape Yacht Club. 

Players will need these tokens to play the skill-based game Dookey Dash, which launches on January 18.

MG Motors Introduces MGverse, a 3D Platform Based On Metaverse

MG Motor India has announced the launch of MGverse, a 3D metaverse platform that is ready for the future. 

Participants can take part in MGverse at the ongoing 2023 Auto Expo.

The automaker developed this metaverse-based 3D virtual reality experience in collaboration with Metadome.ai.

Visitors can virtually tour the MG Pavilion at the Auto Expo 2023 from any location.

The MGverse, includes the MG Arena, a larger experience zone, as well as an integrated “exploration and Creator’s centre,” a virtual experience zone. 

Additionally, it contains an Avatar Shop where customers and visitors can design, customise, accessorise, and even buy automobiles in the metaverse.

Customers can also view their avatars by going to MG’s expo pavilion, where they can engage in interactive features and connect with other avatars.