Yield Guild Games

What is Yield Guild Games (YGG)?

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that invests in NFTs used within blockchain-based games. Its primary aim is to maximize its members' earning potential through play-to-earn (P2E) games by providing access to various gaming assets like in-game items, characters, and virtual land.

What Problem Does Yield Guild Games (YGG) Solve?

YGG addresses several key issues:

• Accessibility in Play-to-Earn: Many P2E games require costly in-game NFTs for participation. YGG helps by lending these assets through its scholarship programs, allowing members to participate without needing upfront costs.
• Earnings from Gaming: YGG enables gamers to earn income by participating in virtual economies through P2E games.
• Decentralized Governance: YGG token holders are able to take part in the DAO's governance and vote on investment decisions and future plans.

Why Does the Crypto Market Need Yield Guild Games (YGG)?

YGG serves a vital function in the crypto market by:

• Bridging Traditional and Blockchain Gaming: It allows players to move from traditional gaming to P2E, enabling them to earn from their gameplay efforts.
• Supporting a Global P2E Economy: YGG pools resources to create a sustainable P2E ecosystem, allowing even non-gamers to invest in the gaming economy.
• Promoting Financial Inclusion in Emerging Economies: A large portion of YGG's members come from developing countries, where P2E games offer a new source of income and financial access.

History & Achievements

YGG was founded in 2020 by Gabby Dizon, Beryl Li, and Owl of Moistness to leverage the rising P2E gaming market. Since its inception, YGG has formed partnerships with popular blockchain games like Axie Infinity, The Sandbox, and Decentraland, growing its global community and driving P2E participation through its scholarship programs.

Who Created Yield Guild Games (YGG)?

YGG was co-founded by:

• Gabby Dizon, an early adopter of blockchain gaming from the Philippines.
• Beryl Li, a Cambridge University graduate and crypto entrepreneur.
• Owl of Moistness, a pseudonymous expert in decentralized technologies.

What Technology Does Yield Guild Games (YGG) Use?

YGG utilizes the following technologies:

• Ethereum Blockchain: YGG is an ERC-20 token built on Ethereum, ensuring secure transactions and decentralized governance.
• DAO Governance: As a DAO, YGG allows its members to make important decisions through governance tokens.
• NFT Lending: YGG acquires NFTs and lends them to members (scholars) to use in P2E games, with profits shared between the scholar and YGG.

What Affects Yield Guild Games (YGG) Price?

Several factors can impact YGG's price:

• Growth of P2E Games: The increased popularity of P2E games drives demand for YGG tokens.
• Adoption of the YGG Scholarship Model: As more players participate in YGG's NFT lending model, demand for YGG tokens increases.
• Partnerships and Integrations: More partnerships and asset acquisitions by YGG strengthen its position, potentially increasing the token's value.

How Many Tokens of Yield Guild Games (YGG) Are in Circulation?

The total supply of YGG tokens is 1,000,000,000, with the circulating supply dependent on market conditions and token distributions.

What is the Maximum Supply of Yield Guild Games (YGG)?

The maximum supply of YGG tokens is capped at 1,000,000,000.

What is Yield Guild Games (YGG) Utility?

YGG tokens serve multiple functions:

• Governance: YGG holders can vote on proposals related to the DAO's future, such as asset acquisitions.
• Staking and Rewards: YGG holders can stake tokens and earn rewards from the guild's activities.
• Incentivizing Growth: YGG tokens incentivize participation from both players and investors in the P2E ecosystem.

Tokenomics of Yield Guild Games (YGG)

YGG's tokenomics include:

• Fixed Supply: The total supply is capped at 1 billion tokens.
• Governance and Staking: YGG enables decentralized governance and rewards stakers.
• Incentive Programs: YGG tokens are used to encourage participation from both players and investors, helping sustain the P2E ecosystem.

What is the All-Time High and All-Time Low for Yield Guild Games (YGG)?

• All-Time High: $11.17 on November 20, 2021
• All-Time Low: $0.1256 on June 10, 2023

Where to Buy Yield Guild Games (YGG)?

YGG tokens can be purchased on several major cryptocurrency exchanges, including:

• Binance
• Gate.io
• Uniswap
• KuCoin

Who Invested in Yield Guild Games (YGG) at an Early Stage?

YGG attracted early investments from prominent venture capital firms, including a16z (Andreessen Horowitz), Delphi Digital, BlockTower Capital, and Bitkraft Ventures, supporting its initial growth and development.

What Are the Revenue Streams of Yield Guild Games (YGG)?

YGG generates revenue through:

• Asset Lending: YGG earns a share of the earnings generated by scholars using its NFTs in P2E games.
• Staking and Rewards: DAO members can stake YGG tokens to earn rewards from the platform's success.
• In-Game Investments: The DAO invests in virtual land and assets across various blockchain worlds, generating revenue.