Yield Guild Games (YGGs) are a decentralized autonomous organization (DAO) investing in non-fungible tokens (NFTs) in the digital world. The organization aims to develop the world’s largest digital economy, maximize utility, and share revenues with stakeholders by optimizing their assets.
What is Yield Guild Games (YGG)?
In decentralized gaming, Yield Guild Games has created a community of players and investors earning through investment in NFTs used in digital realms and blockchain-based games. The platform’s popularity has increased as people became more willing to engage in play-to-earn games due to the pandemic.
The DAO’s main income comes from a leasing scheme whereby guild members use assets, part of the in-game rewards going directly to YGG in return. Third parties (non-guild members) can also generate income by conducting economic activities on these in-game assets, such as land.
NFT ownership will benefit from an increase in the economic value of the in-game asset, which is reflected in the NFT’s open market value. The game also includes a play-to-earn feature, where users receive native tokens for in-game activity.
Yield Guild Game’s backing company is a Manila-based gaming studio founded by Gabby Dizon, part of the team that launched the Axie Infinity and Yearn Finance Communities. Beryl Li and Owl of Moistness founded the game studio. Beryl Li is an entrepreneur, a graduate of Cambridge University, and was also the president of the Cryptocurrency Society in 2016.
Today, the Yield Guild Game team has expanded to over 20 members, led by Nolan Manalo (also known as Nate) at the helm of game operations.
Yield Guild Games Coin Insights
Recently, both NFTs and blockchain-based games have become very popular. Therefore, platforms and cryptocurrencies operating in this field are also attracting a lot of interest. YGG can thus be considered an interesting cryptocurrency in this regard.
How to Purchase Yield Guild Games Coin?
YGG Coin can be quickly and securely purchased via the world’s largest cryptocurrency trading platform, Binance.
To buy YGG Coin, one must first register on Binance and then send fiat currency. After sending a fiat currency such as dollars, one can perform a purchase operation in the YGG trading pair by buying Bitcoin (BTC), Tether (USDT), Binance Coin (BNB), and BUSD.
In addition, on Binance, users can place a purchase order not only at the market value but also at a lower value. To do this, use the Limit tab and simply enter the amount you want to buy and the price you want to pay.
