Yield Guild Games (YGG) is a pioneering decentralized autonomous organization (DAO) that operates as a community of gamers and investors focused on non-fungible tokens (NFTs) in blockchain games under the Play-to-Earn (P2E) model.
The mission of YGG is to create the largest global virtual economy, optimizing the value of community-owned NFT assets and sharing profits with token holders. YGG has integrated the NFT trend and DeFi mechanisms (Yield Farming) into the gaming space, while also creating value in the real world through in-game economic development.
Main operational model:
Scholarship Program: YGG purchases and holds valuable NFT assets in P2E games (e.g., Axies in Axie Infinity, virtual land in The Sandbox). Then, YGG rents these NFTs to new players (called "Scholars") who do not have enough capital to start. In return, Scholars use the rented NFTs to play and earn profits in the game, then share these profits proportionally with YGG and the NFT lenders. This helps lower the entry barriers for gamers worldwide, especially in developing countries, turning gaming into a source of income.
Investment and Asset Management: YGG continuously invests in NFTs, virtual land, and digital assets in potential virtual worlds, storing them in the YGG Treasury controlled by the community. The DAO is divided into specialized SubDAOs, focusing on optimizing assets in specific games or areas.
Governance and Community: YGG token is a utility and governance ERC-20 token, allowing holders to participate in voting activities and proposals related to technology, products, token distribution, and the overall governance structure of the Guild.
In summary, YGG plays the role of a huge "gaming guild", acting as a bridge between investors who own assets and gamers who want to earn money, thereby promoting the development of the metaverse economy.
