Yuga Labs, creator of Bored Ape Yacht Club, is restructuring and cutting roles to refocus on core priorities. CEO Daniel Alegre stated that the company had taken on too many projects that distracted from its main goals. Moving forward, Yuga Labs will concentrate on community building, its Otherside metaverse project, and securing brand partnerships.

Nike's Web3 unit, .SWOOSH, has revealed its first physical sneaker line, the Air Force 1 Low TINAJ. The sneakers will only be available to .SWOOSH members who purchase and open at least one OF1 Box NFT before October 16.

Gaming-focused Mythos Chain has surpassed Polygon and Solana in NFT sales volume over the past 30 days, with $33.5 million in sales. Most of the trading volume comes from DMarket, an NFT marketplace hosting NFTs from games affiliated with Mythical Games, the company behind Mythos Chain.

Starbucks has released a set of Pumpkin Spiced Latte NFTs on Nifty Gateway as part of its Web3 loyalty rewards program, Starbucks Odyssey. The NFTs cost $20 each and will be available until October 9.