{"id":2680,"date":"2022-01-15T02:53:00","date_gmt":"2022-01-15T02:53:00","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=2680"},"modified":"2025-12-30T08:46:46","modified_gmt":"2025-12-30T08:46:46","slug":"ygg-coinbase-form-partnership","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/ygg-coinbase-form-partnership\/","title":{"rendered":"YGG &amp; Coinbase Form Partnership &#8211; Expanding Play-to-Earn Scholarships"},"content":{"rendered":"\n<p>YGG, a notable metaverse coin, has partnered with Coinbase to provide additional scholarships, responding to the increasing demand for play-to-earn opportunities.<\/p>\n\n\n\n<p><strong>Yield Guild Games (YGG), a decentralized autonomous organization (DAO) focused on blockchain-based games, has seen a surge in gamers seeking these scholarships.<\/strong><\/p>\n\n\n\n<p>Coinbase, the largest <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/cryptocurrency-confidence-returns\/\" data-type=\"post\" data-id=\"19725\">cryptocurrency exchange<\/a><\/em><\/strong> in the United States, has joined as a new partner in this initiative.<\/p>\n\n\n\n<p>This collaboration is seen as a positive step for YGG, as it aims to expand its global player base. Coinbase, known for its support of the Metaverse, expressed excitement about contributing to this sector.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"614\" src=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/YGG-Coinbase-Form-Partnership-Expanding-Play-to-Earn-Scholarships-1024x614.jpg\" alt=\"YGG &amp; Coinbase Form Partnership - Expanding Play-to-Earn Scholarships\" class=\"wp-image-8751\" srcset=\"https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/YGG-Coinbase-Form-Partnership-Expanding-Play-to-Earn-Scholarships-1024x614.jpg 1024w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/YGG-Coinbase-Form-Partnership-Expanding-Play-to-Earn-Scholarships-300x180.jpg 300w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/YGG-Coinbase-Form-Partnership-Expanding-Play-to-Earn-Scholarships-768x460.jpg 768w, https:\/\/metaverseplanet.net\/blog\/wp-content\/uploads\/2023\/11\/YGG-Coinbase-Form-Partnership-Expanding-Play-to-Earn-Scholarships.jpg 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Yield Guild Games aims to optimize assets to cultivate the world&#8217;s largest virtual economy, enhancing utility and sharing revenues with its stakeholders.<\/p>\n\n\n\n<p>In decentralized gaming, YGG has fostered a community of players and investors who profit from investing in NFTs used in virtual worlds and blockchain-based games.<\/p>\n\n\n\n<p>As of this writing, YGG is trading at $4.57, approximately 60 percent below its all-time high of $11.5, reached on November 20, 2021.<\/p>\n\n\n\n<p>In a separate development, <strong>Coinbase<\/strong> announced its plans to acquire FairX, a derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). This move aligns with Coinbase&#8217;s goal to create a comprehensive and robust trading environment for investors.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83c\udfae <strong><em><a href=\"https:\/\/metaverseplanet.net\/yield-guild-games-ygg\/\">Yield Guild Games (YGG)<\/a><\/em><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Category<\/strong><\/td><td><strong>Brief Description<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>What it is<\/strong><\/td><td>A <strong>Decentralized Autonomous Organization (DAO)<\/strong> and a gaming guild.<\/td><\/tr><tr><td><strong>Core Function<\/strong><\/td><td>Invests in <strong>Non-Fungible Tokens (NFTs)<\/strong> used in blockchain-based, <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/how-to-make-a-good-play-to-earn-game\/\" data-type=\"post\" data-id=\"25423\">Play-to-Earn (P2E)<\/a><\/em><\/strong> games (like virtual land, characters, etc.).<\/td><\/tr><tr><td><strong>Mission<\/strong><\/td><td>To create a global community that allows players, especially those in developing economies, to <strong>earn income<\/strong> by participating in P2E games, often through &#8220;scholarships&#8221; (lending NFTs to players who can&#8217;t afford them).<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83c\udfe6 <strong><em><a href=\"https:\/\/metaverseplanet.net\/blog\/coinbase-trade-volume-and-pairs-a-comprehensive-guide\/\" data-type=\"post\" data-id=\"20514\">Coinbase<\/a><\/em><\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Category<\/strong><\/td><td><strong>Brief Description<\/strong><\/td><\/tr><\/thead><tbody><tr><td><strong>What it is<\/strong><\/td><td>One of the world&#8217;s largest and most well-known <strong><em><a href=\"https:\/\/metaverseplanet.net\/cryptocurrencies\/\">cryptocurrency<\/a><\/em> exchange platforms<\/strong>.<\/td><\/tr><tr><td><strong>Core Function<\/strong><\/td><td>Allows users to <strong>buy, sell, store, and manage<\/strong> hundreds of cryptocurrencies (like Bitcoin, Ethereum, etc.) easily and securely.<\/td><\/tr><tr><td><strong>Key Feature<\/strong><\/td><td>Acts as a <strong>trusted and regulated entry point<\/strong> for both retail and institutional investors to enter the crypto economy.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">You may also like this content<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><\/ul>","protected":false},"excerpt":{"rendered":"<p>YGG, a notable metaverse coin, has partnered with Coinbase to provide additional scholarships, responding to the increasing demand for play-to-earn opportunities. Yield Guild Games (YGG), a decentralized autonomous organization (DAO) focused on blockchain-based games, has seen a surge in gamers seeking these scholarships. Coinbase, the largest cryptocurrency exchange in the United States, has joined as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":2681,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[322,309],"tags":[318,315],"class_list":["post-2680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse1","category-web3new","tag-metaverse-news","tag-play-to-earn"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/2680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=2680"}],"version-history":[{"count":0,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/2680\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/2681"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=2680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=2680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=2680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}