Yield Guild Games (YGG)

Community and Governance

Yield Guild Games is a decentralized autonomous organization (DAO) where token holders can participate in decision-making by voting on proposals related to the guild’s operations, investments, and governance.

Access to In-Game Assets

The token is used to gain access to NFTs and virtual assets owned by the guild, which players can use in play-to-earn games. These assets include characters, land, and other digital items that help players earn rewards.

Play-to-Earn Ecosystem

Yield Guild Games supports players by providing NFTs and resources to participate in blockchain games, allowing them to earn real income through gameplay. The guild also rents NFTs to players, enabling more people to join without upfront costs.

Investment and Revenue Sharing

The guild invests in valuable gaming NFTs and virtual lands, generating revenue that can be shared with token holders. The token can also be staked to earn rewards related to the guild’s activities.

Platform Growth and Education

Yield Guild Games aims to grow the Web3 gaming community by educating new players, supporting game discovery, and expanding its network of regional guilds and partnerships with blockchain games.

For more details, visit yieldguild.io.

Pros

• Community-owned DAO model allows token holders to participate in governance and decision-making.
• Enables players to earn real income by playing blockchain games through play-to-earn mechanics.
• Provides scholarships and NFT asset rentals to onboard new players without upfront costs.
• Supports multiple popular blockchain games like Axie Infinity and The Sandbox, diversifying opportunities.
• Offers true ownership of in-game assets (NFTs) that can be traded or rented freely.
• Strong partnerships and a large global community enhance network effects and growth potential.
• Revenue-sharing model rewards active participants and token holders.

Cons

• Success depends on the continued popularity and growth of blockchain gaming and metaverse projects.
• Requires ongoing innovation and resources to stay competitive in a fast-evolving market.
• Token value can be influenced by the performance of partnered games and overall crypto market trends.
• Play-to-earn models are still relatively new and may face adoption challenges or changes in gaming ecosystems.
• Income from scholarships and asset rentals may vary based on player activity and game economics.

For more details, visit the official website: yieldguild.io

Founders of Yield Guild Games

Yield Guild Games was founded by three main people:

• Gabby Dizon: A gaming veteran who started lending NFTs in 2018 and helped build the guild.
• Beryl Li: A co-founder who has been active in growing the community and the project.
• Owl of Moistness: A pseudonymous co-founder who helped shape the guild.

These founders started Yield Guild Games in 2020 to create a global network for play-to-earn blockchain gaming.

Venture Capital Firms

Key investors include Andreessen Horowitz (a16z), BITKRAFT Ventures, Mechanism Capital, ParaFi Capital, IDEO CoLab, A.Capital Ventures, and Kingsway Capital. These firms have led or participated in multiple funding rounds for Yield Guild Games.

Angel Investors

Notable angel investors are Carlos Rodriguez (G2 Esports CEO), Trung Nguyen and Jeff Zirlin (Sky Mavis founders), and Dennis Fong (GGWP Co-Founder and CEO). They bring gaming and blockchain expertise to the project.

Other Investors

Animoca Brands, Ascensive Assets, SevenX Ventures, Infinity Ventures Crypto, Atelier Ventures, and CoLab have also invested, supporting Yield Guild Games’ growth in play-to-earn gaming and NFT assets.

These investors help fund Yield Guild Games’ mission to build a decentralized gaming guild focused on NFT-based play-to-earn games.

Halal Status of Yield Guild Games

• Yes, Yield Guild Games is considered halal from an Islamic finance perspective.
• This is because it operates as a decentralized autonomous organization (DAO) focused on investing in NFTs used in blockchain games, with real economic activity and governance participation.
• The project supports a play-to-earn gaming ecosystem, generating revenue through active management of gaming assets and partnerships, which aligns with halal investment principles.