Yield Guild Games is a Decentralized Autonomous Organization that invests in blockchain based gaming and metaverse projects. YGG has been able to grow a seasoned players team and are also backed by some influential investors. At YGG, the team aims to optimize the impact and outcome of web3 games for the entire ecosystem.
Blockchain based gaming and NFT creation took off well during the pandemic and paved the way for artists and gamers to monetize their skills by investing in NFTs and other digital assets to play on these platforms and make passive income.
|Launch Date||July 27, 2021.|
|Blockchain Protocol||Ethereum blockchain|
|Circulating Supply||207,120,485 YGG|
|Consensus Method||Proof of stake|
YGG was developed by the famous Manila based company that also launched Axie Infinity and Yearn Finance communities. Beryl Li founded the Game Studio which made the Yield Guild Games. She is an entrepreneur and has worked on several crypto projects. She is a Cambridge alumni and also served as a president for crypto society.
Yield Guild Games is more like a one size fits all platform as the project allows a user to play and earn native tokens. The platform also offers users to play with YGG linked NFTs and redeem in-game assets in lieu for their scores/ credits earned. The platform is a perfect blend of DAO, NFTs and Decentralized Finance
Yield Guild Games intertwines the best of both worlds: crypto and gaming on blockchain. While there are many platforms that claim to be innovative, YGG is razor focused on lowering the barriers for gamers to enter the play to earn landscape and actually put their gaming knack to great use.
Virtual land: On Yield Guild Games players purchase, sell, and trade NFT properties and land.
YGG DAO: The DAO bridges the gap between end user by developing and proposing improvement plans that helps YGG make a better product and also helps in assessing where the firm must invest to make sure the users interests are met.
YGG was trading at ₹30.53 at the time of writing. The day range of YGG was oscillating between INR 20.73 – INR 30. The Relative Strength Index stood at 57.66 indicating a cue for a bull trendline. In addition, the trading volume of YGG soared by 4.56%.
|Yield Guild Games (YGG) Price Today||₹30.76|
|Price Change <Yearly>||NA|
|Market Rank (as per CMC)||339|
|Fully Diluted Market Cap||₹30,778,578,430|
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