Since the launch of YGG Play Launchpad, its market effect has been gradually fermenting. This is reflected not only in the surge of exposure for cooperative game projects and community activity but, more importantly, it systematically expands the practical scenarios and sources of demand for the $YGG token, potentially triggering a comprehensive reassessment of its value.
From a single governance token to a diversified empowerment token:
Previously, the value support of $YGG mainly came from ownership shares of guild assets and governance rights. The introduction of the Launchpad has created at least three new dimensions of demand:
1. Access rights and levels: In the future, the hottest and most rewarding game tasks on the Launchpad may require holding or staking a certain amount of $YGG to unlock participation. $YGG becomes the ticket to access quality early game asset opportunities.
2. Reward Accelerator: Staking $YGG may provide players with additional reward multipliers when completing tasks, such as a 10% increase in earnings. This directly enhances the economic incentive of holding $YGG.
3. Curation and Governance: $YGG holders may have voting rights on which games are eligible to launch on Launchpad. This makes $YGG a 'ballot' that influences the trend of Web3 gaming, highlighting its power value.
Changes in market supply and demand structure:
· Demand-side expansion: The demand side is no longer just investors optimistic about the guild model, but also includes tens of thousands of active players eager to acquire game assets through Launchpad. They purchase $YGG not just to hold it, but to utilize its features. This creates a more solid and sustained demand for usability purchases.
· Supply-side deflation: A portion of Launchpad's revenue (such as platform fees or listing fees paid by project parties) is likely to be used to buy back and destroy $YGG on the open market, or reward $YGG stakers. This introduces a deflationary mechanism or revenue generation mechanism.
Benchmarking and imagination: We can liken $YGG in the Launchpad era to a combination of 'Steam platform tokens + equity in top venture capital funds' in the gaming industry. It captures both platform transaction value and the value of early investment success. As successful cases on Launchpad increase (popular games, rising tokens), its brand effect and network effect will form a strong moat.
Conclusion: The market needs to view $YGG through a new valuation framework. Its price will reflect not only the value of NFT assets on its balance sheet but also the present and potential discounted cash flow value as the primary issuance and contribution platform for Web3 gaming. Active data from Launchpad will become a key leading indicator in assessing the value of $YGG.
In your opinion, which of the three functions of $YGG—'platform ticket', 'reward accelerator', and 'governance ballot'—is most likely to drive its short-term price discovery?
@Yield Guild Games #YGGPlay $YGG
