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YGG Coin is a decentralized gaming guild that invests in unique tokens (NFT) used in virtual worlds and blockchain-based games. The goal of the project is to create the most prominent virtual economy, make the best use of its assets, and share its earnings. YGG Coin can be used to buy, rent, or stake NFTs in games. In addition, YGG Coin holders have voting rights in the DAO and access to exclusive content.
The team behind YGG Coin is Yield Guild Games, a Filipino game studio. The team’s founders are Gabby Dizon, Beryl Li, and Owl of Moistness. Gabby Dizon is a game developer who has worked on popular projects such as Axie Infinity and Yearn Finance Communities. Beryl Li is a Cambridge University graduate, co-founder of CapchainX, and a licensed financial advisor. Owl of Moistness is a blockchain developer and NFT algorithm expert.
Many investors and partners back YGG Coin. The project has raised $4 million in funding from companies such as Polygon, Blocktower, Scalar Capital, Youbi Capital, Delphi Digital, Sparq, and Bitscale Capital. It has also collaborated with games such as Axie Infinity, Sandbox, League of Kingdoms, Illuvium, and Zed Run.
YGG Coin’s Roadmap
– 2021 Q2: Establishment of the YGG DAO and distribution of the YGG token
– 2021 Q3: Launch of YGG website and mobile app; development of NFT rental platform; investment in new games
– 2021 Q4: Launch of NFT rental platform; establishment of FGD academy; collaborating with more games
– 2022 Q1: Opening of the FGD shop; creation of the FGD metaverse; launch of new products and services
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The ecosystem of YGG Coin
– Gamers: People who earn income or have fun using NFTs in games. Players can rent NFTs owned by YGG or purchase their NFTs.
– Investors: People who earn income by buying or staking NFTs in games. Investors can earn passive income by staking YGG tokens or voting in the DAO.
– Sponsors: Individuals or organizations that support players or investors. Sponsors may provide training or mentorship to players or provide funding to investors.
– Developers: Individuals or organizations that design and develop games or NFTs. Developers can cooperate with YGG to promote their games or sell their NFTs.
Features of YGG Coin
– Play-to-win model: It is a system where players are rewarded for their activities in games. In this way, players both have fun and earn income.
– NFT economy: A system where players and investors can buy, rent, or stake NFTs in virtual worlds. This increases the value of NFTs and provides liquidity.
– DAO management: It is a system where YGG Coin holders can participate and vote in the decisions of the project. In this way, the management of the project is democratic and transparent.