ZoneBitcoin EditorialYou may have heard of Yield Guild Games (YGG)? No? So, believe me, you will hear about it if you are interested in crypto games.
Thus, Yield Guild Games succeeded in bringing together crypto investors and players. Anyone interested in Play to Earn games will find what they are looking for on the platform.
It is in fact an unexpected platform and has arrived because it has become increasingly difficult to find good games and those with good performance.
On the project's white paper, we see that they will first focus on high-value games like Axie Infinity, Decentraland and Sandbox for example.
Yield Guild Games (YGG) Overview
Yield Guild Games (YGG) is managed by a DAO (Decentralized Autonomous Organization) which specializes in the investment of NFTs. Yield Guild Games' mission is to optimize assets to maximize their potential. Understand that it is a platform that wants to allow us to generate the most profit on our NFT assets.
Yes, the ambition is indeed laudable.
The company behind Yield Guild Game is a video game studio based in Manila. It was created by Gabby Dizon, a member of the team who launched the Axie Infinity and Yearn Finance communities. Beryl Li and Owl of Moitness co-founded the studio. Beryl Li is an entrepreneur, graduate of Cambridge University and former President of the Cryptocurrency Society in 2016. She is also the co-founder of CapchainX and a chartered financial consultant. Owl of Moistness is a blockchain developer; he has developed algorithms for numerous bots and NFTs, including Axie Infinity.
Today, the Yield Guild Game team has grown to over 20 members, with Nolan Manalo (known as Nate) leading gaming operations.
The team behind Yield Guild Games?
Yield Guil Games is a video game development studio based in Manila. What is very interesting to note is that among the founding members, we find the members of Axie Infinity and Yearn Finance for example. She is the co-founder Beryl Li who is the most famous personality of the team, notably for having been the former president of the "Cryptocurrency Society" in 2016. She is also the co-founder of CapchainX and a financial consultant.
How does Yield Guild Games work?
It is a DAO that will generate income in several ways, including by directly and indirectly exploiting NFT assets. Thus, members will be able to generate returns by depositing their assets in certain liquidity pools, for example.
What's interesting about Yield Games is that it remains a real Play to Earn game.
The platform is still under development and we cannot tell you more precisely.
Should you invest in YGG?
You know we don't give financial advice. It's up to you to estimate the potential of the project and always do your research.
The YGG token has been listed since July 2021 and it is already experiencing great growth. Its curve is splendid, look for yourself:
On CoinMarketCap, YGG ranks 257th. There are 74 YGG in circulation, out of a maximum cap of 275. Worth noting, eh.
As a good self-respecting DAO, the YGG community set aside 45% of the total offer. The tokens will then be distributed over a period which extends over 4 years. Additionally, 40% of the tokens will be paid to investors and founders. The remaining 15% will go to the treasury and project advisors.
The already very numerous list of investors continues to grow with the recent arrival of the famous A16z group... That says a lot. Likewise, recently the game Spinterland signed a partnership with the platform.
And that's just the beginning. We are very confident but above all do your own research!
The only regret we personally have about zonebitcoin is that it is not available on the Ethereum network. Too expensive my son? That said, we are patient and waiting for the new networks to update 😉
- You can buy YGG token on most exchanges like Kucoin, Uniswap, Gate.io and Okex.
- Discover the platform Yield Guild Games ( in which you can mint your badge to go further). Remember that the platform is still in its early stages.
