Yield Guild Games priceYGG $0.1667

The company behind the Yield Guild Game is a Manila-based game studio founded by Gabby Dizon, a part of the team that launched the Axie Infinity and Yearn Finance Communities. Beryl Li and Owl of Moistness co-founded the Game studio. Beryl Li is an entrepreneur, an alumnus of Cambridge University who has also served as a president of the Cryptocurrency Society in 2016. She is also a co-founder at CapchainX and is a licensed financial consultant. Owl of Moistness is a blockchain developer; he has built algorithms for many bots and NFTs, including Axie Infinity.

Today, the Yield Guild Game team has grown to over 20 members, with Nolan Manalo (also known as Nate) as the head of the gaming operations.

The DAO’s principal revenue comes from leveraging YGG-owned NFT assets directly or indirectly via a rental scheme in which members of the guild use the assets in exchange for a portion of the in-game rewards going directly to YGG. For in-game assets such as land, third parties (non-guild members) can generate revenue by conducting economic activities on that in-game land.

NFT ownership will gain from an increase in the economic worth of the in-game asset reflected in the value of its NFT on the open market.

The game also contains a play-to-earn feature, where users receive native tokens for in-game activity.

In the last 24 hours, Yield Guild Games has had a 9.61% increase in value. With a current market capitalization of $151,079,527, the current CoinMarketCap ranking is #257. YGG coins are now in circulation in 74,275,864 units, with a maximum supply of 1,000,000,000 units.

To support the YGG community, the gaming startup has set aside 45% of a total token supply of one billion tokens. The tokens will be distributed gradually over four years, according to the business. In addition, about 40% of the tokens will be distributed to investors (24.9%) and founders 15%), with the remaining 15% going to the company’s treasury and advisors.

There are many exchanges where you can buy the YGG coin; the top exchanges for trading in Yield Guild Games are currently OKEx, Gate.io, ZT, Uniswap (V3) and XT.COM.

If you find buying this cryptocurrency difficult, we have a guide that can help you out.

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