24H CHANGE: LOADING
MARKET CAP: LOADING
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that owns a large number of non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. These in-game assets are used by guild members to play games and generate yield. The YGG community has self-organized into a series of smaller guilds and SubDAOs focused on either geographic region or a specific game. YGG’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.
The primary revenue of the DAO will come from leveraging YGG-owned NFT assets, either directly, or indirectly, via a rental program where guild members utilize the assets in exchange for a portion of the in-game rewards going directly to YGG;
● In the case of in-game assets such as land, revenue may be generated by third party (non-guild members) conducting economic activities on that in-game land;
● NFT ownership will benefit from the rise of the in-game asset’s economic value being reflected in the value of its native fungible token on the open market.
The value of all activities in YGG will be captured in the fully diluted market capitalisation of YGG governance tokens.
The YGG business thesis requires the following elements of a play-to-earn game to make it suitable for selection by the DAO:
1. A virtual land-based economy which can be acquired;
2. A virtual economy with a native token;
3. Play-to-earn functionality where players are rewarded native tokens for in-game activity.
At launch our treasury and our guild will focus on the following play-to-earn games that have already shown strong potential and community support:
● Axie Infinity produced by Sky Mavis;
● The Sandbox produced by TSB;
● League of Kingdoms produced by NPlus.
As play-to-earn evolves, YGG’s portfolio will expand to other games that fulfill the criteria and yield requirements outlined above as governed by the DAO.
The YGG team will work on the following:
● Acquire 4 new players, ambassadors, community managers, and game masters;
● Incentivize 5 participants through ‘Level-Up’ reward program, ‘Max-Level’ reward program, class leaders, guild events, tournaments, and voting participation;
● Distribute token grants;
● Build new guild features;
● Build technology to expand its core activities of rentals and yield;
● Purchase virtual gaming assets
YGG’s value is derived from the following:
● Yield gained from assets acquired by treasury;
● Yield produced from active play of treasury’s virtual assets;
● % of APY token rewards generated from treasury’s farming activities;
● Rewards generated from esports;
● Rewards generated from raids;
● Rewards generated from sponsorships;
● Rewards generated from subscription fees;
● Rewards generated from merchandise sales.
YGG tokens can be used for the following:
● Stake YGG for token rewards related to its overall activities;
● Stake YGG for rewards related to specific activities;
● Stake YGG for exclusive content;
● Stake YGG to vote and participate in the DAO;
● Stake YGG to subscribe to exclusive merchandise;
● Use YGG tokens to pay for services in its network.