Yield Guild Games (YGG) is indeed a Decentralized Autonomous Organization (DAO) focused on investing in NFT assets used in virtual worlds, blockchain games, and the broader “play-to-earn” ecosystem.
Here’s a bit more context if helpful:
What YGG Does
Purchases and manages in-game NFT assets such as virtual land, characters, items, and other game-specific NFTs.
Lends these NFTs to players (often called “scholars”) so they can participate in play-to-earn games without needing to buy expensive assets.
Shares in-game earnings between the players, the guild, and the NFT owners, creating an incentive-aligned ecosystem.
Why It Matters
Helps lower the barrier to entry for blockchain games.
Operates like a decentralized gaming guild powered by smart contracts and token incentives (its token is YGG).
Played a significant role in the early growth of play-to-earn games, especially Axie Infinity.
If you want, I can explain how DAOs work, how the YGG token functions, or how NFT guilds operate in play-to-earn economies.
