Yield Guild Games (YGG) Price, Charts, Market Capitalization
Yield Guild Games (YGG) Graphics
What is Yield Guild Games (YGG)?
Yield Guild Games (YGG), a decentralized independent association ( DAO ), is a task that spotlights on special tokens ( non-fungible token, NFT ) in the virtual world . Among the objectives of the association are to make the world’s biggest virtual economy, upgrade it to get most extreme advantage from the resources and disseminate the incomes to the partners
Yield Guild Games has made a local area of players and financial backers who are keen on decentralized games and bring in cash by putting resources into NFTs utilized in virtual world and blockchain-based games. As individuals play during the worldwide pandemic interaction, the notoriety of the stage has begun to increment, as they show more interest in kettle themed creations.
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) built on the Ethereum blockchain. Its main objective is to build a network of players who can earn income through non-fungible tokens (NFTs) and cryptocurrencies while playing blockchain-based games. Yield Guild Games aims to bridge the gap between blockchain technology and gaming, and help users earn an income through gaming.
History and Founders
Yield Guild Games was founded by Gabby Dizon, who is a well-known figure in the blockchain gaming industry. Dizon is also the founder of Altitude Games, which is a blockchain gaming company based in the Philippines. The project was launched in August 2020, and since then, it has become one of the most popular blockchain gaming projects in the world.
Technology
Yield Guild Games uses the Ethereum blockchain to create a decentralized gaming platform. The platform allows users to earn cryptocurrency by playing blockchain-based games. The company is built on the DAO model, which means that it is entirely community-driven. The community is responsible for making decisions about the future of the project and managing the funds.
Pros
One of the main advantages of Yield Guild Games is that it provides a new way for gamers to earn income. In traditional games, players spend a lot of time and money on in-game purchases, but they are not able to earn anything in return. With Yield Guild Games, players can earn cryptocurrency by playing games, which provides a new source of income. Additionally, Yield Guild Games is built on the DAO model, which ensures that the community has a say in the project’s future and provides transparency.
Cons
One of the main disadvantages of Yield Guild Games is that it is still a relatively new project, and it has not been fully tested. Additionally, the project is heavily dependent on the success of blockchain-based games. If blockchain-based games do not become popular, Yield Guild Games may not be successful.
Market Value
As of April 2023, Yield Guild Games (YGG) has a market capitalization of around $1.5 billion, with a circulating supply of around 564 million YGG tokens.
News
In March 2023, Yield Guild Games announced that it had partnered with the blockchain gaming platform, Axie Infinity. The partnership would allow Yield Guild Games players to earn cryptocurrency by playing Axie Infinity, which is one of the most popular blockchain-based games in the world. Additionally, Yield Guild Games raised $125 million in a funding round led by investors such as a16z, Fidelity, and Coinbase Ventures.
In conclusion, Yield Guild Games is an innovative project that aims to bridge the gap between blockchain technology and gaming. It provides a new way for gamers to earn income and is built on the DAO model, which ensures that the community has a say in the project’s future. However, the project is still relatively new, and its success is heavily dependent on the success of blockchain-based games.
How To Buy Yield Guild Games (YGG)
Are you ready to jump into the world of cryptocurrency and want to know where to buy Yield Guild Games (YGG)?The largest exchanges currently traded with Yield Guild Games (YGG) are Binance , OKEx , Huobi Global , Gate.io and . You can find other exchanges that make listings .
Contract | |
Website | https://yieldguild.io/ |
Explorers | Etherscan Ethplorer |
Community | Twitter facebook.com |
API idd | yield-guild-games |
1 Yield Guild Games to USDC (1 YGG to USD//Coin) Exchange Calculator
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