Entities

Yield Guild Games

Acronym
YGG
Entity Type
Industry
Location
Founding Date
2020

Yield Guild Games is a decentralized autonomous organization for investing in non-fungible tokens used in virtual worlds and blockchain-based games. It seeks to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders. YGG combines the best of the non-fungible tokens and DeFi in bringing yield farming to game economies while adding value to these virtual worlds by developing the content and economy of these games.

ACTIVITIES

  • Building a global community of play-to-earn gamers who play competitively to collect in-game rewards
  • Producing revenue through the rental or sale of YGG-owned NFT assets for a markup
  • Allowing the community to participate in the DAO by passing proposals and voting
  • Coordinating research and development for gamers in the DAO to arbitrage on yield generation by being competitive in metaverse-related games