A.) What is YGG?
$YGG Coin, or Yield Guild Games Token, serves as the native cryptocurrency for Yield Guild Games ( $YGG ), a decentralized autonomous organization (DAO) dedicated to fostering and enhancing virtual economies within the play-to-earn (P2E) gaming and NFT landscape. YGG enables players to earn rewards by engaging in blockchain-based games that utilize non-fungible tokens (NFTs) and various in-game assets.
B.) Historical Background and Origins?
• Founded in 2020 by Gabby Dizon, Beryl Li, and Alessandro "Sandro" Lim, Yield Guild Games aimed to establish a gaming guild that could actively participate in play-to-earn games, particularly within the expanding realm of blockchain gaming.
• The vision for YGG was to cultivate a community where players could jointly own and profit from NFTs in games, share resources, and contribute to the evolution of the gaming ecosystem.
• YGG's mission is to empower gamers in the Web3 environment by enabling them to generate real-world income through their engagement in virtual realms. This includes acquiring in-game assets like characters, land, and items, which can then be leased or utilized in play-to-earn games.
• The platform emphasizes guild management, allowing users to collectively own in-game assets and share their earnings.
• YGG has formed partnerships with various blockchain games, such as Axie Infinity, The Sandbox, STAR ATLAS and F1 Delta Time (Formula One Racing) to assist players in earning tokens and other rewards through gameplay.
C.) Key Factors of YGG:
• DAO Governance: YGG operates as a decentralized autonomous organization (DAO), allowing the community to collectively make decisions regarding the guild's activities, including the acquisition of in-game assets, through governance votes.
• NFT Asset Management: YGG specializes in the management and acquisition of in-game assets (NFTs), which guild members can use to generate rewards. These assets can be rented out or employed across various games for profit.
• Play-to-Earn Ecosystem: YGG provides its members with the opportunity to engage in the play-to-earn economy, where they can earn rewards from gaming activities that are tokenized on the blockchain.
• Staking and Rewards: Holders of YGG tokens can stake their tokens to take part in governance, earn rewards, and influence the future direction of the platform.
D.) All-Time High (ATH):
• YGG Coin (YGG) reached its all-time high in August 2021 with a price of $11.50 per token.
• This peak coincided with a surge of interest in play-to-earn gaming and blockchain-based NFTs, particularly during the rise of Axie Infinity, which attracted many players to decentralized gaming experiences.
E.) Summary:
• YGG Coin (YGG) is the native token of Yield Guild Games, a decentralized platform dedicated to the play-to-earn gaming economy.
• Established in 2020, YGG's mission is to foster a community of gamers and investors who can collaboratively own, manage, and profit from in-game assets and NFTs.
• This token functions as both a governance tool and a way to earn rewards within the ecosystem.
• YGG Coin hit its all-time high on August 26, 2021, reaching a price of $11,50.

 

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#YGG / USDT
Entry ( 0.3400- 0.4400)
SL 1D close below 0.3247

T1 0.7700
T2 0.9900
T3 1.2000
T4 1.7000
T5 2.1000
T6 2.7000

1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.