The prospect of earning yield from playing video games is an alluring idea that has expanded to include more than just the traditional esports industry. Especially in areas of the world that are disadvantaged in terms of access to income-earning opportunities, the play-to-earn movement represents not just a lifeline but a revolutionary new model of employment.
As such, blockchain gaming is now a primary force driving cryptocurrency adoption in 2021. …
The month of August has been huge for YGG, with our news and announcements making headlines around the world. Here, we recap the most noteworthy media coverage for YGG in top publications including TechCrunch, Business Insider, VentureBeat, Tech In Asia, Coindesk, and more.
Nathaniel Whittemore, The Breakdown, CoinDesk
This episode of The Breakdown was inspired by an op-ed written by YGG co-founder, Beryl Li, that demonstrates how play-to-earn is becoming an empowering model for financial inclusion.
In his podcast, Nathaniel reads Beryl’s piece aloud, emphasizing how the play-to-earn phenomenon is being driven by the community and the people that need…
Yield Guild Games (YGG) and REVV Motorsport have launched a new liquidity pool on SushiSwap for the YGG/REVV pair. Liquidity providers will be able to earn a YGG-themed REVV Racing car NFT, which can be used to play REVV Racing, the skill-based action arcade automobile racing blockchain game that gives you full and real-time first-person control of your car.
REVV Racing is the newest play-to-earn title in the REVV Motorsport metaverse of racing games, and is a milestone in Animoca Brands’ ambitious plan to develop blockchain-based games that have the quality, look, and feel of traditional video games.
Yield Guild Games (YGG) is proud to welcome an additional round of advisors to the YGG DAO. These are five industry-leading experts who share an interest in driving the economic development of the open Metaverse, with the expertise needed to help the Yield Guild unlock its maximum yield-generation potential.
YGG’s advisors are driven by their vision for the future impact of play-to-earn gaming. Their individual roles will serve different areas of the business, as per their unique strengths. …
Yield Guild Games (YGG) is proud to announce a $4.6M financing round led by venture capital (VC) firm Andreessen Horowitz, also known as a16z. The round, which was finalised prior to the YGG token sale on July 27, was joined by Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures, and gaming entrepreneur Gabriel Leydon.
The funding will be used to continue YGG’s investment in digital assets in games and virtual worlds across the play-to-earn ecosystem, while expanding its global community of over 45,000 gamers.
Onboarding partners such as a16z will assist YGG in scaling its mission and impact, while establishing play-to-earn…
Loaning under-utilized income-generating NFT assets to people who are otherwise unable to access them is core to Yield Guild Game’s business model. In July 2021, in addition to concluding a successful US$12.49M public sale of YGG tokens via MISO on SushiSwap, the guild saw record growth in the number of new scholars onboarded and resulting SLP earned, demonstrating how the YGG DAO is both profitable and social impact focused.
In July 2021, following an intensive period of Axie breeding, YGG was able to onboard more scholars than ever before. With 2,058 new players joining during the month of July, YGG…
“Yield Farming” is a decentralized finance (DeFi) tool that works as a crypto savings account, allowing you to earn interest for simply holding and staking tokens — like YGG. It is also a way for DeFi platforms, like SushiSwap, to encourage users to provide the “liquidity” required for a decentralized exchange to be able to facilitate swaps between tokens.
According to SushiSwap: liquidity pools are places to pool tokens so that users can use them to make trades in a decentralized way. These pools are created by users and decentralized apps (or Dapps, for short) who want to profit from…
Looking for a way to earn extra rewards with your YGG tokens?
YGG token holders can now receive rewards on SushiSwap’s Onsen platform by providing liquidity for the platform’s YGG/WETH pair. Rewards come in the form of SUSHI and YGG tokens, and are distributed relative to the amount of YGG/WETH liquidity pool tokens staked.
A total of 500,000 YGG tokens will be distributed as a reward for participating in the Onsen liquidity pool. A maximum of 182.7 SUSHI and 5,556 YGG tokens will be distributed proportionally among the stakers per day, with the pool running for 90 days.
In this article, we discuss what a YGG Guild Badge is, its perks, and how you can create one.
The YGG Guild Badge is a non-transferable NFT that gives you access to the YGG website and its exclusive features. You can also use it in the YGG Discord as YGG releases more features and support for other games in the future. Guild members can use the Guild Badge to sign up for scholarships, esport content and events, and exclusive guild events.
Anyone can create their badge starting 29 July 2021. As guild members earn achievements and level-up in the adventures…
This article lists all the locations where YGG tokens can be traded. We are constantly updating this information as additional exchanges come onboard, so please check back here frequently.
The YGG token price, volume, market capitalization, and other metrics can be tracked at CoinGecko.
SushiSwap is a decentralized exchange (DEX) that allows users to trade trustlessly, peer-to-peer, with liquidity that is supplied by other users.