December 3, 2023

Table of content

We’re happy to announce we now list Yield Guild Games

📈 Spot trading of YGG/USDT live

What is Yield Guild Games?

Enter a new level of gaming never before experienced!

Connect and play your favorite Play-to-Earn (P2E) titles, join thriving communities, and earn digital assets all in one place.

Yield Guild Games (YGG) is the definitive experience when playing blockchain games. Founded in 2018, it came at a time when blockchain gaming was still young and untapped. It rose to prominence during lockdown, at a point where activity was picking up.

Acting as an open-source Decentralized Autonomous Organization (DAO) the YGG platform is a pivotal experience for the new wave of gaming.

  • SubDOAs – feature players from specific locations and their desired games.
  • Open community that is governed by its users and players, not a centralized entity.
  • NFT rental service through the ‘YGG Scholarship’

There are currently some top games available on Yield Guild Games’ platform, including:

  • The Sandbox
  • Axie Infinity
  • EV.io
  • Illuvium
  • League of Kingdoms.

The Yield Guild Games token

The YGG token is an important aspect of the ecosystem, acting as both a utility and governance token. Holding it entitles you to govern the project’s:

  1. Technology
  2. Products and projects
  3. Token distribution
  4. Governance structure

Its value comes from yield obtained from treasury assets, rewards achieved from raids, esports, sponsorships, treasury farming activities, subscription fees, and merchandise sales.

The SubDAOs we mentioned previously, are also tokenized and distributed to the community. It further incentivizes locking up assets in the treasury for future rewards, therefore helping to maintain the value of the YGG token.

Yield Guild Game’s market stats:

  • Current market cap: $69,615,523
  • Circulating supply: 265,749,647 YGG
  • Max supply: 1,000,000,000 YGG
  • Twitter: 181,926 followers

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! Disclaimer

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Tom F.

Tom is one of the content managers here at Cryptology. While still fresh in his career he has been able to firmly place himself within the world of crypto and content creation, producing work for a number of publications including esports.net and The Times of Malta newspaper.