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YGG & Coinbase Form Partnership – Expanding Play-to-Earn Scholarships

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 a new partner in this initiative.

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.

YGG & Coinbase Form Partnership - Expanding Play-to-Earn Scholarships

Yield Guild Games aims to optimize assets to cultivate the world’s largest virtual economy, enhancing utility and sharing revenues with its stakeholders.

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.

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.

In a separate development, Coinbase announced its plans to acquire FairX, a derivatives exchange regulated by the Commodity Futures Trading Commission (CFTC). This move aligns with Coinbase’s goal to create a comprehensive and robust trading environment for investors.

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