I was initially intrigued by the Yield Guild Games or YGG as something that was not like anything I had ever seen in gaming and blockchain It felt like a new organizing structure of players working together in virtual worlds to move items and people around across multiple games rather than keeping them isolated in one individual game This concept piqued my interest because it made me see that solo play no longer exists in the context of game-based virtual worlds that are seeking to organize and coordinate the resources and people working within them
The problem that YGG set out to solve was simple The cost of entering blockchain games had become too high The assets that gave access or benefit had become expensive and seemed like locked doors Only those with deep pockets could participate This made it possible to buy those assets collectively and allow members to enjoy the benefits and learn the ropes in virtual economies.
The guild concept can be scaled up to the extent that traditional gaming circles cannot YGG takes the concept of the guild and applies it on an international level The guild is able to do this because it is not limited to one server or game This is why the guild approach is resilient This capability allows the guild to do what traditional gaming communities are unable to and that is scale The structure of the guild to operate at an international level is decentralized and coordinated through decentralized decisions and strategy building.
The SubDAOs make YGG its local expertise and focus Each SubDAO is an independent entity specialising in a particular game They become local communities with their own leadership rules and reward systems The structure allows division of YGG to grow almost to unlimited size since it is not tied to any particular platform.
NFTs in YGG are not merely collectibles They are shared resources Characters land items and other tokens are resources that can be used time and again by the entire guild When a player in one country uses an NFT they are supported by a third party that is giving contributions to this effort and everyone benefits in some way or other Shared ownership eliminates inequality and creates a sense of belonging This sense of purpose makes the gaming experience different.
Traditional gaming is never truly an economic activity, but the innovation of YGG is that play becomes monetized into tokens and tradable assets Play is an income-generating operation, and assets generate more opportunities I understand YGG as an engine to transform daily gaming into a scalable economic activity.
Yield farming supports the financial foundation of YGG It is combined with the gaming so that the members can stake and farm in guild vaults and earn the money through playing games Farming increases resources allows the guild to grow in an efficient way.
The other main characteristic Unlike classic games where developers make all the decisions YGG provides the community with a voice on which games to fund how to allocate the resources and how to operate SubDAOs This puts players in power as opposed to decision making being concentrated to a small team of developers It also puts the community in touch with long term success as opposed to short term trends.
Becoming a part of YGG transforms identity It is not just having a profile Members can become economic participants and community stewards Play funds others votes will help determine strategy and daily activity at a guild This multi-layered identity makes gaming a community experience rather than a solitary hobby.
YGG is not a not another DAO, which buys NFTs It is an integration of gaming work investment learning and community into an open-structured system Virtual worlds can be transformed into stable and welcoming systems through a reduction of barriers and coordination of resources.
As the guild expands internationally the Members are spread all over the world and work in ways relating to their local games A SubDAO in one country may find it easy to focus on a local popular game and another chapter works on a different title This makes YGG feel more like an organism instead of an organization.
In the future YGG can grow bigger than the games it serves today As new titles emerge and NFTs become useful the guild can grow to dozens of worlds or even hundreds New SubDAOs will give the guild new avenues to expand and every new asset it adds will become a lever of opportunity As the digital economy grows in size YGG will be ready to participate in it Not just to play, but to shape it
The other core value shared digital wealth This represents an additional value in guild-owned NFTs A guild owned NFT generates value that lasts over time by benefiting not just one player but a whole group of players Historically game value remained with individual players This is a particularly valuable transformation of previous approaches to valuing in game possessions and I expect it to occur in the future as well
Much of the mission of YGG Rising costs in blockchain games Lock out many potential players of talent YGG opens access where people can play using guild assets without paying high initial fees That is a good idea because it makes gaming more of an opportunity than a club.
YGG is multi world It does not tie itself to a single universe Every blockchain game is a different world which has its rules and culture The guild crosses these worlds with its coordination resources and experience Multi world presence makes it less vulnerable and guarantees long term survivability.
Every SubDAO is a cultural house Players establish their own identity depending on the game they are sponsored by A sci fi title creates a different vibe than a fantasy one It is important to keep this diversity alive YGG uses each SubDAO as a cultural center where members can establish rituals strategies and stories.
YGG balances wobbly game economies Game worlds may become unstable The guild diversifies activity across several titles in case one economy may go into a tailspin at any given time The guild will have insulated the members, particularly when a new game of interest emerges YGG can go in early, and grow with it, like a shock absorber.
The digitized work is actual work in the YGG Playing blockchain games generates value YGG coordinates that work by training and incentives Members are turned into contributors and not isolated players This makes gaming a structured digital work with tangible rewards and community support.
Being a member of YGG transforms player identity Members cease to be passive consumers and become stakeholders Governance and ownership provide pride and responsibility This transformation of identity enhances the involvement and loyalty.
Social fabric is essential Although the technology is the mainstay of YGG, social Communication Communication Communication mentorship collaboration and shared events keep members involved without this social glue YGG would be a set of assets With it the guild would be a living community in which people teach one another and form bonds that persist even after a single game.
Governance is a form of collective guidance Token holders vote on partnerships resource allocation and SubDAO support This makes the guild dynamic as decisions are made based on current needs and not a plan This makes it democratic as members feel ownership to the guild.
YGG invests in a world in which games are complete economies The guild operates a large collection of NTFs organizes thousands of players and operates governance That gives it power to influence governance in terms of ownership development and cross-world collaboration Members are ready to have economies that cut across games and platforms.
To sum it up YGG forms a today digital wealth and not individual piles Individual activity is transformed into a larger economic force The guild opens up access to a wider range of players who would not otherwise get access The guild is a social economic experiment that may define how digital communities organize economic value in the future YGG will be a new phase in the evolution of gaming, where players are contributors collaborators and stakeholders at the same time.
@Yield Guild Games $YGG
