Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) used to invest in NFTs based on virtual worlds and blockchain games. Its most important business is to participate in NFT lending and leasing, and earn dividends by playing games.

The organization's goal is to form the largest virtual world economy, with the core business of optimizing the assets owned by its community and maximizing their utility, and sharing profits with token holders. YGG combines the characteristics of NFT and DeFi, adding a liquidity mining model to the game economy, while increasing value by developing gamers, artists, creators, and the so-called metaverse.

YGG is famous for the AxieInfinity game. YGG DAOized the guild and launched the Axie Scholarship Program to organize a large number of players to make money while playing. To enter the Axie game, players need to buy 3 Axie pets, which is the entry threshold of the game.

YGG Guild buys Axie pets and rents them out to scholarship students. Students use Axie pets to earn SLP and use Discord to complete basic guild management work. YGG takes 10% of the students' game income and provides players with corresponding game training and guidance. Guild managers take 20%, and the remaining 70% belongs to the players themselves. On August 2, YGG had about 50 applications per day and 18 were approved. It is estimated that 600-900 new people will be added per month.


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YGG tokens can be used for the following purposes:

1. Stake YGG to get token rewards related to all activities;

2. Stake YGG to get token rewards related to special events;

3. Stake YGG to get token rewards for exclusive content;

4. Stake YGG for voting and participating in DAO governance;

5. Pledge YGG to order exclusive products;

6. Use YGG tokens to pay for services in its network.


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In-depth analysis of YGG coin prospects

We see that YGG has also brought more users to its own community through its ever-expanding influence in the gaming circle, which has benefited the expansion of the YGG consensus; at the same time, the ever-expanding scale of the guild will also attract it to related projects for early investment, thereby facilitating the increase in the prices of related assets.

In addition, is it possible to build a one-stop game asset trading platform within the guild? At least this possibility cannot be ruled out.

From the team's perspective, it does not seem luxurious, but considering that the team is willing to lock up the 150 million YGG tokens (15% of the total 1 billion) for two years, it is still commendable.

The current circulation volume is about 88 million, and the market value is about 570 million US dollars. Since the seed and A-round investors, teams, and consultants all have a lock-up period of at least one year, there will not be a heavy selling pressure in the next year.

However, since the project has too much opacity and centralized tendencies, there are also security risks in managing community assets through multi-signature wallets. These factors will affect the enthusiasm of investors.

Summarize:

This project has no comparable project, and it is obviously overestimated based on the current income level; but there are only more than 5,300 currency holding addresses, which brings room for imagination for its subsequent indirect promotion of currency holding addresses and platform token prices through continuous game player diversion. In addition, for some emerging business models, it is difficult to predict their future possibilities with current experience and vision.