Yield Guild Games (YGG)

Investment and Asset Management

Yield Guild Games invests in NFTs used in virtual worlds and blockchain-based games. It manages a large number of gaming-related NFTs and virtual land parcels, which members can use to increase their earnings. The guild purchases in-game assets and rents them to players, sharing the rewards.

Play-to-Earn Gaming Support

It enables players to participate in play-to-earn games by providing access to NFTs needed to start playing. Players can earn real financial rewards by using or renting these NFTs within the guild’s ecosystem.

Decentralized Governance

YGG token holders can participate in the governance of the Yield Guild Games DAO. This includes voting on proposals related to guild operations, investments, partnerships, and game integrations, giving the community control over the project’s direction.

Community Building and Education

Yield Guild Games builds a global community of gamers, creators, and investors. It supports onboarding players, especially in developing countries, and offers educational initiatives to help members learn about blockchain gaming and Web3 technologies.

Ecosystem Expansion and Partnerships

The guild collaborates with various blockchain games and platforms, creating subDAOs for regional and game-specific communities. It also invests in new projects and develops gaming ecosystems, aiming to grow the virtual economy and enhance token utility.

Gaming and Revenue Sharing

Yield Guild Games sponsors players (scholars) who use guild-owned NFTs to play games and earn rewards. The earnings are shared between the players, the guild, and investors, creating a sustainable play-to-earn model.

Advantages

• Yield Guild Games is the world’s first and largest web3 gaming guild, connecting players globally and partnering with over 80 blockchain games and projects.
• It allows players to earn real financial rewards by using guild-owned NFTs in play-to-earn games, including a rental program where players use assets and share in-game rewards with the guild.
• The guild supports a decentralized autonomous organization (DAO) model, giving token holders governance rights and a community-driven approach.
• YGG has raised significant funding ($4 million in Series A and over $30 million in total), showing strong investor confidence.
• The project offers opportunities for players with limited resources to participate in blockchain gaming through scholarships and asset lending.
• YGG is expanding with initiatives like YGG Play, a publishing arm that uses smart contracts for revenue sharing, and collaborations with other projects to launch new games.
• The token is tradable on many exchanges with good liquidity, and the guild has a growing ecosystem and community.

Disadvantages

• The price of Yield Guild Games has experienced significant volatility and declines since its all-time high, with recent price drops and high yearly inflation of token supply.
• Play-to-earn games, which YGG depends on, may not be sustainable long-term as players might leave if earnings drop or incentives change.
• The market for YGG is relatively small, so large holders ("whales") can heavily influence price movements.
• The success of YGG depends on the growth and adoption of the metaverse economy and NFTs, which are still emerging markets.
• Some players prioritize earning over playing, which can affect the gaming experience and community engagement.
• The ecosystem requires users to have crypto wallets and some technical knowledge to participate fully.

This balance of strong community, innovative play-to-earn model, and growing partnerships contrasts with market volatility and the evolving nature of blockchain gaming.

Founders of Yield Guild Games

Yield Guild Games was founded in 2020 by three individuals: Gabby Dizon, Beryl Li, and a pseudonymous co-founder known as "Owl of Moistness." Gabby Dizon is a gaming veteran who started lending his NFTs to players in 2018, which inspired the creation of the guild. Beryl Li is a fintech entrepreneur who joined Gabby to co-found the project. Together with Owl of Moistness, they built Yield Guild Games into one of the largest web3 gaming guilds globally.

Lead Investors

Yield Guild Games has received major investments from well-known venture capital firms such as Andreessen Horowitz (a16z), BITKRAFT Ventures, ParaFi Capital, Animoca Brands, Scalar Capital, Delphi Digital, and SevenX Ventures.

Other Notable Investors

Additional investors include DWF Labs, Gam3Girl Ventures, Newman Capital, CAICA, Coincheck, Colorful Marketing, Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures, Kingsway Capital, FlamingoDAO, Blocktower Capital, gumi Cryptos, YouBi Capital, Sparq, and several angel investors.

Investment Rounds

• Seed round led by Animoca Brands, Sparq, Delphi Digital, and Scalar Capital raised $1.3 million.
• Series A round led by BITKRAFT Ventures, ParaFi Capital, and Animoca raised $4 million.
• A $4.6 million round led by Andreessen Horowitz (a16z) with participation from other investors.
• Total funding raised is approximately $23.6 million across multiple rounds.

Summary

Yield Guild Games is backed by a diverse group of over 40 investors, including top venture capital firms and crypto-focused funds, supporting its growth in the play-to-earn gaming and NFT space.

Halal Status

Yes, Yield Guild Games is considered halal.

Reason

Yield Guild Games operates as a decentralized autonomous organization (DAO) that invests in NFTs used in blockchain-based games and virtual worlds. It has genuine utility through active governance participation and real economic activity, including partnerships with well-known blockchain games. The token is used for governance and profit-sharing, reflecting real economic value rather than speculative or prohibited activities.