#YGGPlay $YGG #YieldGuildGames
It took long before it was a serious part of doing taking games seriously. You leave people assuming that you were playing games to spend hours without being out on the real life. Money was limited in most areas of the world and responsibilities were early and therefore, games as a diversion evolved as a luxury or a distraction. And that was not something that could ever be work, but something that you had done after you had had a real working day. But something of significance was going on beneath that perception. Millions of individuals were acquiring systems to learn how to become mechanics to coordinate with teams to control resources and establish reputations within the virtual world. The effort was real. The skills were real. What lacked was the ownership of recognition and a sort of structure that appreciated that work.
Yield Guild Games came into this space unobtrusively. It is not something that came in with a bang and large slogans of transforming the world within a span of time. At first it appeared so easy. A union of NFTs and allowed players to use them. A system in which individuals were able to play and win when they would not afford to buy the costly possessions. It was perceived by many as a one-time only or temporary event in crypto history. But with time you could have observed that something more profound was developing.
Yield Guild Games is important because it solved a problem that was core to its interest. The first blockchain games spoke a lot about ownership and freedom. However, there was a cost to that liberty. To play you needed NFTs. Characters bring in the tools to make all the initial capital. This was a new form of gatekeeping to players who had the skills and time but lacked money. Opportunity could be seen but not taken. The system favored the people who had capital over talented ones.
YGG filled that void with another mentality. It failed to position itself as charity. It created alignment. Assets were pooled. Players were onboarded. Earnings were shared. Rewards and risk were shared. Something strong was done with this bare frame. It made access a collective resource and not a privilege. In the end, Skill could actually find the means of expression without the barrier that was money.
During the early years focus was put on profits. There was news of the players in Philippines and other parts of the world, making more through games rather than on local employment. This was sufficient enough to attract international concerns. But profits were not more than skin deep. The coordination that occurred below is what was important. YGG was training on how to handle people resources incentive and trust in digital space.
The majority of gaming guilds are born and passed away with a game. In case the game is popular, the guild expands. When interest decays away the guild dissolves. YGG took a different decision at the beginning. It did not commit its future to a single game and a single ecosystem. It viewed games as changing environments and players as long term participants who traverse them. This reinvention of YGG resulted in it being more of infrastructure than a mere guild.
This is where it would be incomplete to merely refer to YGG as a gaming DAO. Yes it uses a DAO structure. Yes it has governmental tokens and bills. However, the DAO is not a simple technical decision. It is a cultural one. It determines the decision-making process and the people allowed to impact the way. The decision of the capital distribution in which ecosystems should be supported and in which ways the network should develop is made by the YGG token holders. These are not symbolic votes. They impact on actual resources and actual individuals.
The significance of this form of governance is that it aims at rewarding staying, as opposed to the flip. The power in YGG is built not only in short term trading but also on long term participation. This makes the atmosphere a lot more unlike a lot of crypto projects where the attention shift and the loyalty is shallow. In YGG being present matters. Contributing matters. Knowledge of the system is important.
Another such long term thinking is the vault system. In most DeFi projects there are vaults that are created solely to draw in liquidity by issuing rewards. Incentives decrease, and the money moves in and out of the chase yield. YGG vaults are more of a part of it. They are bridging players investors and protocol itself. Value circulates and not passing through. When done properly this minimizes wastage and synchronizes behavior in the network.
Next are SubDAOs that can be considered as one of the most significant components of YGG architecture. Culture is local yet gaming is global. What is effective in one nation might not be effective in another. The way communities operate is influenced by language and time zones, as well as social norms. One centralized organization find it difficult to address that diversity. SubDAOs enable local communities to be independent and at the same time remain linked to common standards and resources.
This is similar to the operation of real economies. Cities in the same nation acquire other strengths and identities. Local leadership matters. Local experiment is important. YGG has created it into its design. What is produced is a system that is adaptable locally and yet not fractured on an international scale.
The fact that YGG integrates gaming and finance without allowing one to dominate the other is one of the most amazing aspects about the project. Most in-game Web3 games are skin deep financial systems. Tokens take center stage. Players develop into yield seekers. Fun disappears. YGG moves slower. NFTs are considered productive resources. Tokens denote voice and participation. It is not to substitute play that finance exists.
This will alter the treatment of players. Disposable players In most play to earn systems the players are expendable. They produce and when rewards decrease they are substituted. This generates turnover and kills community. YGG has been working towards process of making players stakeholders. Community roles and long term incentives of governance make participation belonging. When individuals tend to belong to something they defend what they are involved in.
In online worlds, belonging is very important. Games are emotional spaces. Individuals devote time and ego. Those systems which forget about such a human layer tend to disintegrate as growth decelerates. YGG apparently realizes that sustainability is not only economic. It is social and cultural.
Flexibility is another silent power of YGG. It does not bind itself to a single blockchain or story. It is the followers of the players and games. This chain agnostic model guards it against the hype waves that characterize crypto. When one ecosystem retards another is able to flourish. Adaptation and not prediction brings survival.
When you take it out in a wholesome view of YGG it will no longer appear as an organization, it appears to me as a coordinator. It organises capital by guiding them to productive activities. It integrates talent through the matching of players with assets. It facilitates governance through the transformation of ownership into voice. It organizes communities through enabling local development in a global network. Coordination is a sound that might be considered boring but since most economic failures occur due to a lack of coordination.
Web3 gaming maturing makes this role more vital. The initial stage confirmed that ownership was possible. The second step is regarding how to take responsibility of that ownership. Games will be made more complicated. Economies will grow larger. Errors will get costly. The inability to scale will fail in systems. YGG is putting itself in the very place that this challenge resides.
It does not purport to be perfect. Games will fail. Markets will fall. Incentives will change. However, the system that YGG is constructing enables it to modify without losing its essence. That is the appearance of durability.
Consider an individual player once more. A time-talented person, with few choices. And until there is coordination that player will be isolated. With YGG that player gains access learns through earning knows how to speak and ultimately acquires a voice. With time they can assist in bringing on board others in the governance or assist in their local guild. It is not only a gaming story that that change of outsider to participant takes place. It is an economic one.
This is what makes Yield Guild Games not a gaming DAO. It began in games, but it is developing a means to formulate digital labor and value. How to make time and talent permanent chance. One of the means through which communities can develop without burning.
In an environment which tends to pursue loud notions and quick payoffs YGG has taken a more difficult course. It has been slowly growing in stages. With time such work refurbishes whole ecosystems. Should Web3 gaming be the new place where millions of people live work and identify then structures such as YGG will be more significant than a single game. And they will be the glue that unites such worlds.
None of it was ever a game to make money and when people look back they will see that Yield Guild Games was never a game to make money. It was concerning the process of creating digital economies, which can be fair human and sustainable.
