According to BlockBeats, the floor price of the NFT project BoredApeYachtClub (BAYC) increased by 5.30% on February 22, reaching 22.85 ETH. This comes after Yuga Labs co-founder Greg Solano announced that he will be resuming his role as CEO of Yuga Labs.
In addition, a new company called 'BAYC LLC' has been established as a subsidiary of Yuga Labs, which will be responsible for all BAYC-related affairs. In the future, Greg hopes to liberate the BAYC team within Yuga Labs as much as possible, allowing them to execute their vision with greater focus and flexibility.