My position on YGG price estimate, does not constitute investment advice, lowest price 0.1147u, assuming it exceeds the highest point by double, it could reach up to 23u, resulting in a 36x profit, with a market cap reaching 9 billion u.
In line with the principle of not missing the last wave of fish tail market, it is recommended to clear positions around 20u, at the latest by November 2025, and you are welcome to come back to dig into the grave at that time.
Token Introduction: YGG is the governance token of Yield Guild Games. Yield Guild Games is a Web3 gaming guild that pools funds to purchase yield-generating NFTs and utilizes players' time and energy to optimize community-owned assets for maximum utility and returns. By combining NFTs and DeFi, YGG creates value for its partners and community through the development of content and economies in virtual worlds and blockchain-based games. The organization's mission is to create the largest virtual world economy.
Sector: Gaming Initial Launch Date: 2021.7.27 Total Supply: 1 billion Circulating: 395 million Circulating Market Cap: Approximately 250 million u Circulating Market Cap Ranking: 260 Number of Exchanges: 40
Official Community Situation: Twitter: 226,000 followers, tweeting daily. Discord: 100,481 members, with an average of 6,300 online daily.
Token Distribution and Unlocking Situation: Community: 45% Investors: 24.9% Founding Team: 15% Financial Department: 13.3% Advisors: 1.8% Unlocking Situation: 34,959.72 tokens unlocked daily
Project CEO Introduction: Beryl Li is the co-founder of Yield Guild Games and an advisor at the Philippines Union Bank's innovation department UBX. She is the Chief Innovation Officer of the animal protection platform Studex, aimed at cloning and protecting endangered species. She is a co-founder of CapchainX (acquired by SMKG) and the leading Asian cryptocurrency exchange Coins.ph (acquired by GoJek). She began her early venture capital career in Shanghai in 2012 as an advisor to licensed financial institutions. She holds a master's degree in finance from the University of Cambridge and has served as the president of the Cambridge Cryptocurrency Association.
Gabby Dizon is the co-founder of Yield Guild Games and a partner at LongHash Ventures. He is the CEO of Altitude Games, which manages the gaming blockchain platform Alto.io. Altitude Games is a studio located in Manila, Philippines, dedicated to creating original mobile games that have helped develop the Philippine gaming industry. He has 15 years of experience in the Southeast Asian gaming industry, working in game development and delivering over twenty games on mobile and PC platforms. Additionally, he is a founding member and former president of the Philippine Game Developers Association GDAP and has served as a coordinator for IGDA Manila.
Project Financing Situation: 2021-03-04 Seed Round 1.32 million USD Investment Institutions: Delphi Digital*, BlockTower Capital, gumi Cryptos Capital, Youbi Capital, Animoca Brands, SevenX Ventures, Sfermion, Bitscale Capital, P2 Ventures, Scalar Capital, Ascensive Assets, Dialectic, FlamingoDAO, Sparq Ventures, Free Company, Marc Weinstein, Julien Bouteloup, Joe Mahon.
2021-06-16 Series A 4 million USD Investment Institutions: Bitkraft Ventures*, Fabric Ventures, Greenfield, Mechanism Capital, ParaFi Capital, IDEO CoLab Ventures, Animoca Brands, Bitscale Capital, SevenX Ventures, Sfermion, A.Capital, Ascensive Assets, Dialectic, Atelier Ventures, Third Prime, Free Company
2022-07 4.6 million USD Investment Institutions: a16z*, IVC, Kingsway Capital, Atelier Ventures
2023-02-17 OTC 13.8 million USD Investment Institutions: a16z*, DWF Labs*, Galaxy Interactive, Sanctor Capital, Sangha Capital, David Lee
Organizations under YGG: W3GG Yield Guild Games' SubDAO BAYZ YGG's subDAO crafted for the Brazilian community YGG Japan YGG's subDAO crafted for the Japanese community.
Project Important Event Information: 2022-07-30 YGG released the first-year review report: gold farming members have earned over 10 million USD. 2023-06-29 YGG and XPLA exchanged over 1 million tokens with each other to achieve deep cooperation. 2024-04-10 Blockchain gaming guild YGG completed a new round of strategic financing, with Newman Capital participating.