About Yield Guild Games (YGG)
Yield Guild Games is a blockchain-based platform that operates as a decentralized autonomous organization (DAO). Peers who direct the operation of the decentralized protocol reportedly seek to invest and obtain ownership of various non-fungible tokens (NFTs) associated with NFT-based games and profit-generating functionalities within decentralized platforms.
The Yield Guild Games ecosystem is developed around this concept of mass ownership of NFT assets while focusing on maximizing any ecosystem-related functions associated with them in the process. Certain gaming operations require NFTs that are only compatible with specific platforms. The DAO community is essentially a collective group of peers who make decisions to buy, use and trade such digital assets.
In July 2021, Gabby Dizon, a tech entrepreneur and co-founder of the Axie Infinity and Yearn Finance Platform team, launched Yield Guild Games under his gaming company. In 2018, fellow tech entrepreneurs Beryl Li and Owl of Moistness joined him as co-founders.
Yield Guild Games was initially launched on the Ethereum blockchain network in 2021 but has since been integrated into the Harmony and Solana blockchains. The Yield Guild Games cryptocurrency coin is known by its token ticker $YGG. The current price of YGG is updated and available in real-time on Binance.