Yield Guild Games (YGG) is a decentralized gaming guild that pools investors' funds to acquire in-game NFTs and profit from games.
YGG comprises multiple SubDAOs, consisting of players from specific NFT-supported games or geographic locations.
Most Play2Earn games are not sustainable in the long run. As players usually prioritize earning over playing, once the incentive offered by the game no longer meets their expectations, they quit the game, which is a potential risk for YGG.

Last week, Yield Guild Games (YGG) became an A-lister in the crypto industry. With a single-day trading volume surpassing $3.9 billion, YGG gained significant attention in major crypto communities. However, this surge, which exceeded three times its previous value, was followed by a sudden 70% drop within days. Such substantial volatility raises questions for crypto investors: How did YGG perform against the m arket trend during a bearish period? What sets it apart? What innovations and new investment opportunities will YGG bring to the crypto industry? This article aims to provide an in-depth look into YGG, the world's largest blockchain gaming guild.

What is Yield Guild Games (YGG)?

Yield Guild Games (YGG) is a decentralized gaming guild and a game-based decentralized autonomous organization (DAO). It pools investors' funds to acquire in-game NFTs and generate profits from games. Its core concept revolves around enabling players to earn real financial rewards from virtual games, powered by blockchain technology and smart contracts. YGG connects players to the economic value of a game by allowing them to obtain in-game virtual items such as tokens, currencies, and props, which can be traded or exchanged for real value on internal or externa l trading platforms.

The Birth of YGG

The inspiration for YGG dates back to 2018 when Gabby Dizon, one of YGG's co-founders, noticed the popularity of blockchain games in Southeast Asia. Many players were engaging with Axie Infinity, a well-known NFT game at the time, but a significant number of them couldn't afford the game's NFT characters called Axies. He started lending his Axies (an in-game NFT asset) to other players who couldn't afford the character. To help more players enter the world of NFT and blockchain gaming, Gabby Dizon and Beryl Li co-founded Yield Guild Games in 2020.

(Source: YGG official website)

YGG's Operational Model

YGG consists of multiple SubDAOs that are made up of groups of players from specific NFT-supported games or geographic locations. For instance, players of Axie Infinity, The Sandbox, and those from Southeast Asia initiated their respective SubDAOs. Players join different SubDAOs to discuss game strategies and support each other in achieving optimal performance. Each SubDAO manages its own gaming activities and assets according to its rules and conditions while contributing revenue to the YGG DAO. Every SubDAO has a community leader, a wallet, and a SubDAO token. Token holders receive a share of the revenue generated from the game based on their contributions and can make proposals and vote on governance decisions related to the SubDAO, such as purchasing more in-game NFTs or managing assets.

This model enables players of the same NFT game to collaborate to maximize in-game profits. Guild members can also lease community-owned NFT assets for in-game rewards. In return, those who lend NFTs to the DAO receive a portion of the gamers' earnings. All NFTs and digital assets are stored in the community-controlled YGG vault, providing NFTs for each SubDAO, including Play2Earn assets in multiple blockchain games.

In a nutshell, YGG's core business is like a combination of Warren Buffett's Berkshire Hathaway and Uber, where YGG obtains various NFT assets from several Play2Earn games and leases them to players who lack the initial capital (i.e., the in-game NFT assets) to generate profits.

YGG's Tokenomics

The YGG token provides holders with governance rights in the YGG DAO. The total supply is 1,000,000,000 YGG, with 25,000,000 YGG successfully distributed through its initial DEX offering (IDO). To support the community, 45% of YGG's total supply is reserved for gradual distribution to users over the period of four years. The remaining tokens will be distributed to stakeholders, including the treasury, the founding team, and project advisors.

As the platform's governance token, YGG has a wide range of application scenarios. It can be used to pay for services on the network, staked to earn rewards in the YGG staking pool, and used to unlock exclusive content on the YGG Discord channel. YGG holders can also submit proposals and vote on decisions related to the guild's technology, products, programs, token allocation, and overall governance structure, among other matters.

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Challenges Faced by YGG

GameFi is still in the early stages. The blockchain gaming sector itself faces uncertainties and risks in the crypto industry due to the periodic shifts between bullish and bearish markets.

Another challenge for YGG is the sustainability of most Play2Earn games in the long run. Players often prioritize earning over gameplay, and if the game's incentives no longer align with their goals, they may quit playing.

Closing Thoughts

GameFi, as the next blue ocean market in the crypto industry, holds significant potential for development. YGG stands as one of the most notable GameFi projects with its unique business model. Despite the challenges it faces, it's evident that as YGG continues to grow, it will offer users more ways to participate in GameFi and innovative profit models. As the GameFi market matures and improves, YGG is expected to continue to realize its original vision and value.

Tags:

Contracts:

0xaAC7...5EF1799(Base)

Current price:

$0.1619Yield Guild Games price today

All-time high:$11.5

All-time low:$0.1192

YGG supply and tokenomics

Circulating supply:532,560,540 YGG

Total supply:999,717,764.32 YGG

Max supply:1,000,000,000 YGG

Market cap:$86.23M

Fully diluted market cap:$161.92M

Token allocation:

Community

45.00%

Investors

24.90%

Founders

15.00%

Treasury

13.30%

Advisors

1.80%

Tokenomics:

Uniqueness

Yield Guild Games (YGG) is a decentralized autonomous organization for investing in non-fungible tokens (NFTs) used in virtual worlds and blockchain-based games. The DAO's main revenue came from renting out NFT assets owned by YGG, either directly or indirectly, which guild members used in exchange for a portion of in-game rewards that went directly to YGG. As for in-game assets such as land, third parties (non-members of the guild) can generate income by engaging in economic activities. The game also includes a "earn as you play" feature where users receive native tokens for in-game activities.

Token utility

YGG tokens can be used for the following:

Stake YGG for token rewards related to its overall activities, rewards related to specific activities, exclusive content, voting and participate in the DAO and subscribing to exclusive merchandise;
Use YGG tokens to pay for services in its network.

Links

Website:https://yieldguild.io/

Whitepaper:https://storage.googleapis.com/external_communication/YGG-GuildProtocol-ConceptPaper-2024Sept.pdf

X:https://twitter.com/YieldGuild

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What is the development prospect and future value of YGG?

The market value of YGG currently stands at $86.23M, and its market ranking is #407. The value of YGG is not widely recognized by the market. When the bull market comes, the market value of YGG may have great growth potential.

As a new type of currency with innovative technology and unique use cases, YGG has broad market potential and significant room for development. The distinctiveness and appeal of YGG may attract the interest of specific groups, thereby driving up its market value.

What will the price of YGG be in 2026?

Based on YGG's historical price performance prediction model, the price of YGG is projected to reach $0.2183 in 2026.

What will the price of YGG be in 2031?

In 2031, the YGG price is expected to change by +42.00%. By the end of 2031, the YGG price is projected to reach $0.7284, with a cumulative ROI of +334.96%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of YGG and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

YGG price YGG Price Prediction YGG news

Is YGG worth investing or holding? How to buy YGG from a crypto exchange?

If you want to buy YGG, the following information may be helpful for your investment decisions:

In the last 7 days, the price of YGG has fallen by -19.38%, leading to negative returns for most YGG investors. The market is currently pessimistic about the price trend of YGG.

It is important to note that the current price of YGG has retreated by -98.59% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether YGG is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in YGG or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of YGG, if you want to buy or sell YGG, you can consider Bitget for your trading needs. The best place to buy YGG is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Yield Guild Games has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Yield Guild Games. Here's a step-by-step guide on how to buy Yield Guild Games on Bitget.

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How to get Yield Guild Games through other methods？

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What is Yield Guild Games used for and how to use Yield Guild Games?

The use case of Yield Guild Games may expand as the crypto market and the project itself develop. Currently, you can use YGG to achieve the following goals:

Arbitrage by trading YGG: Since YGG is a frequently traded cryptocurrency, the price of YGG is always fluctuating. Earn more YGG by buying low and selling high on the exchange. Bitget spot market provides a variety of YGG trading pairs to fully meet your needs.

Earn by staking YGG: You can also generate income through financial management methods such as staking YGG or lending YGG. Bitget Earn offers a variety of financial products designed to help you earn more income from your YGG.

Send or pay YGG: If you want to give YGG to your friends, a charity, or a fundraiser, or you want to pay someone with YGG, you can quickly and easily send YGG to the recipient through their payment address.

You can also go to the official website of the Yield Guild Games project to learn more about the use cases of YGG. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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