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Wylie Aronow

Yuga Labs co-founder addresses come-back rumors amid ongoing health break

Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.

Nonfungible token (NFT) entrepreneur Wylie Aronow has confirmed he isn’t ready to return to Yuga Labs, the NFT firm he co-founded, despite making “steady progress” with his health.

“I’m not ready to come back to even part-time work. I have to ensure I’m around for a long time, for those who need me,” Aronow said on Dec. 11 in addressing rumors of a potential return.

Aronow explained that some days he’s ready to throw himself into the “deep end,” while on other days he feels he needs to be “wheel-chaired” to an emergency room.

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Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

Yuga Labs co-founder to take leave of absence due to health reasons

Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery.

Nonfungible token (NFT) entrepreneur Wylie Aronow of Yuga Labs — the team behind Bored Ape Yacht Club (BAYC) and CryptoPunks — will be taking a leave of absence from the office to manage a host of heart failure symptoms.

In a Jan. 28 Twitter post to his 144,900 followers, Aronow said the tough decision to step away came on the back of a heart failure diagnosis after experiencing a myriad of symptoms over the last few months.

The NFT entrepreneur explained that while his "mild" symptoms still enable him to live a “mostly normal life,” his condition has rapidly accelerated to the point where he had no other option but to deprioritize his work.

The Yuga Labs co-founder didn’t put a date on when he would hope to make a full recovery and return to day-to-day duties.

However, Aranow confirmed that he will be sticking around as a board member and strategic advisor.

This isn’t the first medical diagnosis that has kept Aranow out of work either.

Aranow revealed that he dealt with a chronic illness in his twenties which held him back from progressing in his career. So when he finally recovered and co-founded Yuga Labs, there was no looking back:

“When I recovered and we started Yuga, I didn’t want to waste a second chance at life. I pushed myself way past my limits. I worked 12 hours a day, nearly every day. I should have taken the advice from everyone around me and sought balance.”

“My goals now are to get the best medical treatment I can and heal,” he added.

Related: BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders

Aronow also expressed his excitement to soon work alongside the firm’s new CEO, Daniel Alegre, the former president and chief operating officer of Activision Blizzard.

While Aronow did not provide any detail on what he would be doing as strategic advisor, Aronow recently announced on Nov. 8 that he would propose a new model for NFT creator royalties.

Aronow co-founded Yuga Labs alongside Greg Solano in February 2021.

Among the most notable NFTs developed by the company are CryptoPunks, BAYC, MeeBits and Othersidemeta.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024

BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders

Should Web3 billionaires be able to avoid public scrutiny under the guise of a pseudonym? With no clear answer, the community has lashed out at Buzzfeed for publishing the true identity of the pair behind the BAYC NFT collection.

American Internet media and entertainment company Buzzfeed has revealed the identities of two of the four original Bored Ape Yacht Club (BAYC) NFT collection founders “Gordon Goner” and “Gargamel” as being Greg Solano and Wylie Aronow in real life.

Journalist Kate Notopoulos authored the Feb. 4 article, which was entitled “We Found The Real Names Of Bored Ape Yacht Club’s Pseudonymous Founders.”

Notopoulos was able to uncover the pair’s identities by search the publicly available records of Yuga Labs, the company behind the collection. Yuga was incorporated in Delaware with an address associated with Greg Solano, and other records pointing to Wylie Aronow.

The tech reporter argued that “there are reasons why in the traditional business world, the CEO or founder of a company uses their real name and not a pseudonym,” adding that “the people behind BAYC are courting investors and running a business that is potentially worth billions.”

“How do you hold them accountable if you don’t know who they are?”

Executives of public-traded companies must be named in Securities and Exchange Commission disclosures and reports. As for smaller private companies, banking regulations and “know your customer” laws require executives to use their real names in many cases.

“These laws are in part to prevent terrorists, criminals, or sanctioned nations from doing business in the US,” wrote Notopoulos.

However, the non-consensual exposure of Aronow and Solano’s identities has raised impassioned criticism from members of the Web3 community, who are describing the article as “doxxing” rather than appropriate journalistic practice.

In a Feb. 5 tweet, crypto podcaster “Cobie” called the article “typical Buzzfeed trash,” saying that it was “doxxing people for clicks and ad revenue.” Meanwhile, venture capitalist Mike Solana wrote “there was absolutely no reason to dox these guys,” adding “they’re literally cartoon apes.”

Messari founder Ryan Selkis was also clearly unhappy with the story, sharing a 2009 tweet by Notopoulos which used a homophobic slur.

As for Notopoulos, she seemed relatively unfazed by the backlash. She posted a screenshot of messages sent by someone threatening to make her personal information public, including her “location, place of work, parents’ home, and siblings’ addresses.”

Responding to the threat, she asked the person whether they were a “big strong guy,” to which they replied, “no, I’m a degen.” She replied: “Ah bummer. They have a heavy dresser they need help moving to the garage.”

Related: Daniele Sestagalli discusses Wonderland’s future after QuadrigaCX co-founder dox

On Feb. 4 (the same day as the article’s publication), Yuga Labs indicated that the NFT collection was in funding talks with one of Silicon Valley’s top VC firms, A16z, who had valued the collection at $5 billion.

Solano and Aronow aren’t the first big names in the crypto space who have been publicly outed this year. On Jan. 27, Cointelegraph published allegations that the true identity of DeFi protocol “Wonderland” co-founder, ‘@0xSifu’, also co-founded the now-defunct Canadian exchange, QuadrigaCX.

Despite Bitcoin’s surge, mining stocks struggle to match gains in 2024