Hey you all, this afternoon on December 8, 2025, I'm sitting at my usual net cafe in Binh Thanh district, the sound of mechanical keys clicking echoes, browsing Binance Square with mixed emotions. The price of YGG is now a meager $0.076, down 2.67% today, market cap dropped to $50 million, volume $20 million – no crazy pump since the Launchpad live in November, when the $LOL token dropped 10x on the first day, but I'm still holding 8% of my portfolio because I vividly remember the insane FOMO in 2021 with Axie, and the heart-wrenching fear when SLP crashed to $0.001 in 2022. I'm holding an unfinished Sting can, thinking about this crypto crowd, everyone is diving headfirst into the Web3 game hype, FOMO buying NFT stake tokens to 'earn while play', then fear selling everything when the bear market hits, losses piling up. Today I'm sharing about that crowd's feelings in YGG – Yield Guild Games, from the boom of P2E to the new Launchpad, how the YGG token helps balance things out, and the final message to stay alert so you all don't repeat old mistakes.altfins.com
I’ll tell you honestly, back in July 2021, I was a broke student in Saigon, earning 5 million part-time a month, seeing friends on X bragging about making 20 million from Axie Infinity, it was such FOMO. Everyone rushed to borrow Axie from YGG scholarship – guild lending NFTs for free, scholars play grind SLP sharing rewards 70-30. I applied right away, got approved for YGG SEA, logged into Ronin wallet to breed my first Axie, grinding adventure mode 10 hours a day. The excitement was incredible, like winning the lottery: SLP pumped to 0.3 dollars, I earned 15 dollars a day, enough to buy a used iPhone. The crowd was going wild with FOMO, the waitlist for YGG SEA surged to 173k people minting badges hoping for slots, subDAO grew from 1k scholars to 10k in just 5 months, generating 13.6 million dollars in total SLP. Everyone thought P2E was the future, YGG was the 'bridge' for time-rich, capital-poor individuals in the Philippines, VN, and India, where daily wages are 200k but Axie entry costs 300 dollars.
But FOMO of the crowd doesn’t last. In May 2022, the Ronin hack happened costing 600 million dollars, SLP dumped 90%, Axie earnings fell to 2 dollars a day, scholars like me lost time, stressed out. The fear spread like a virus: friends panic sold YGG tokens from 10 dollars to 0.5, guilds cut scholarships, media reported "P2E scam" – early relief turned into frustration as yields shrank. I remember that night clearly, sitting and crying over losing 50 million virtually from SLP, fearing crypto was a Ponzi scheme, I quit everything and stopped playing. The crowd was heartbroken with fear, X was filled with posts "YGG rug pull", "Axie dead", FOMO turned to regret, subDAO YGG SEA shrank from 10k to 2k, guild TVL dropped 80%. The emotions of the crypto crowd are just like a rollercoaster: FOMO diving into hype, fear selling the bottom, repeating the bull-bear cycle.
Here’s another rhetorical question: Why does the crowd let emotions lead them, FOMO pump and dump then fear crying, not learning from the Axie crash? I think it's because P2E initially felt like gambling: earn fast but dependency on the boom of token prices, not diversified. YGG at that time was truly bridging the financial river, but the weight limit was low – when Axie cooled, the bridge collapsed, scholars like me sank. Now in 2025, YGG has pivoted to YGG Play – a platform for microgames quests, Launchpad went live in November, I'm back to grind, but my emotions are still mixed. Yesterday on 7/12, Forbes posted about YGG's role in future gaming, but the price dropped 14% this week, FOMO with Waifu Sweeper, a new game published by YGG Play – a skill-based puzzle featuring anime waifus, minefield NFT earn points. I FOMO minted cheap waifus, played it, and it was hilariously fun, but fear lurked if the game flopped like Axie, losing token $WAIFU.
Then today on 8/12, the JOY Community Quest kicked off from 3 PM SGT until 16/1/2026, completing tasks to earn entry to compete for 500 whitelist spots – FOMO has risen again, X is full of hype posts "earn real value through game", "YGG Play Launchpad gateway to Web3". The crowd is rushing to stake YGG to farm points, doing daily quests for priority access to new tokens like $LOL from LOL Land back in October, contribution window from 29-31/10, trading starts on 1/11, allocation cap 1% wallet with a target raise of 90k – anti-whale to keep it fair. I grind the Bounce Wobble quest, tap-tapping for a few seconds to earn points, feels addictive as hell, FOMO thinking "if I miss Launchpad, what if the token 10x?". But then fear rushed back: if points dominate large stakers not active questers, power imbalance would be like TradFi where the rich get richer, newcomers from lower-income regions can't join due to the upfront cost of bridging gas.
Here’s my personal example, back in November during the Launchpad beta, I FOMO staked 5k YGG to farm points, completed the Gigaverse AAA on-chain quest, claiming early token x2 multiplier for the top 100. So much joy, like winning the lottery, but then fear kicked in when $LOL pumped 5x and then dumped 30% the following week, resulting in a paper loss of 20%. The crowd on X posted "YGG Launchpad game-changer", "skill-based gateway to decentralized games", but comments filled with fear "delisting ProBit on Oct 24, is YGG dead?" – emotions were mixed, FOMO buying high and fear selling low. I stressed out dreaming about my portfolio being deep red, but then calmed down because I remembered the lesson from Axie: dependency on a single game yields brittle.
But this is the time for the YGG token to step in, helping to balance the crowd's emotions. YGG is not just a token, but a passport to opportunity scaled with effort, not net worth. Back in 2021, YGG offered utility governance staking rewards, but now in 2025, with YGG Play, token stake farms point Launchpad, earn value through quests, balance FOMO fear with a loyalty ladder. Instead of borrowing NFT one-off lottery, now it's quest → points → access multi-game, building a reputation with repeated chances. I stake YGG for voice mode app, agents monitor sentiment X suggest quests, but YGG locks earn APY 5-7% from the treasury guild, stable through dips. This December, Creator Circle Round Table on 9/12 discusses waifu games, earn rewards YGG – FOMO hype but fear control due to capped contributions, anti-whale.
How to explain the balancing? Because the tokenomics reward history doesn’t have capital: stake YGG + complete quests to accumulate points, priority for Launchpad small fair earned real play. Back in October during the LOL launch, I grinded quests for 2 weeks, points were enough to cap 1 LOL launch, I grinded quests for 2 weeks, points were enough to cap 1% of the wallet, earning 500 LOL launch, I grinded quests for 2 weeks, points were enough to cap 1 when the token pumped, no whales dominated. Fear decreased because of diversification: YGG Play co-invested in early Web3 games like Delabs, Big Time, and Parallel, not a single title. The crowd is FOMOing with JOY Quest today, but YGG staking yields drip evenly, buffering when tokens dump 14% this week. I hold through the fear of delisting ProBit because utility grows: YGG powers governance voting for subDAOs, earning from the publishing arm YGG Play, revenue sharing bounty with creators. Balancing emotions: FOMO for new quests, but fear not going all-in due to locked veYGG increasing voting power, incentivizing long-term.
I often think deeply, the crypto crowd is like a pack of wolves: FOMO hunting prey pumps, fear running wildly dumps. With YGG, it’s like a reins, pulling back when the hype is too high, pushing forward when the fear is too great. In November, X posted "YGG Play Launchpad LIVE explore top games complete quests unlock tokens", FOMO spread, but YGG's cap allocation kept it fair, not a rich raffle. I ground Waifu Sweeper, a minefield waifu NFT exploded in humor, earned points to exchange for land, fun as hell but not going all-in because of fear that the game might flop, staked YGG as a buffer yield.
Another rhetorical question: Will YGG save the crowd from the cycle of FOMO fear, or just delay the next crash? I think it can save if used right: scholarships as a safety net for NFT-gated games, Launchpad as a proven commitment upside path. YGG SEA localized support training, combining financial access, education, and community scaffolding, offering durable opportunities not just exciting one-off events. This December, I predict YGG will be 0.08286 by Dec 15, up 7.53%, but I won't FOMO buy, I'll stake and chill to earn.
But my final sober message to the crowd: Don't let FOMO fear take over, crypto gaming isn't easy money, but a marathon to build skill and community. Back in Axie, I earned 50 million in the first month, lost 100 million after, lesson: diversify quests across multiple games, stake YGG long-term and don't trade on emotion. Launchpad is great, but check UX chain friction, don't let newcomers with lower income lose out on bridging gas. YGG heart 2021 – priced out access – still alive, but swapping brittle yield in a reputation-driven economy. You guys grind JOY Quest today, but be sober: hold YGG like a passport of effort, not a net worth gamble. Don't recreate the 2021 magic, but build durable – play, earn, win, forge friendship. I'm sitting here, Sting is done, ready for tonight's quest. Anyone with FOMO fear like me, share a comment, let's hold through the dip soberly.
