Yield Guild Games [YGG]
Yield Guild Games is a decentralized gaming guild that invests in NFTs found in blockchain-based games and virtual world economies.
Yield Guild Games Market Cap
24h Trade Volume
All-Time-High (ATH) Price
Yield Guild Games (YGG) is a cryptocurrency token generated on the Ethereum blockchain.The max. supply of Yield Guild Games that will ever be issued is 1.00 Billion tokens, and the current supply of YGG in circulation is 87.91 Millions tokens.
Current Yield Guild Games price is $ 5.67 moved up to +9.63% for the last 24 hours.
All time high (ATH) price of Yield Guild Games reached $ 10.67 on 27 Aug 2021 and fallen -46.9% from it.
Yield Guild Games's share of the entire cryptocurrency market is 0.02% with the market capitalization of $ 498.38 Millions.
Yield Guild Games’s 24 trading volume is $ 34.42 Millions. It is trading on 23 markets and 18 Exchanges .
Yield Guild Games Price
Yield Guild Games price Index provides the latest YGG price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Yield Guild Games to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
YGG to USD Converter
Yield Guild Games Price (YGG - USD)
|24H||$ 0.498||+9.63%||$ 5.86||$ 5.07|
|7D||-$ 1.10||-16.2%||$ 7.41||$ 4.46|
|14D||-$ 0.0893||-1.55%||$ 7.41||$ 4.46|
|1M||-$ 2.22||-28.1%||$ 10.67||$ 4.46|
What is Yield Guild Games
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) for investing in non fungible tokens (NFTs) used in virtual worlds and blockchain-based games.
The organisation’s mission is to create the biggest virtual world economy, optimizing its community-owned assets for maximum utility and sharing its profits with its token holders.
YGG combines the best of the non-fungible token (NFT) and the decentralized finance (DeFi) space, bringing yield farming to game economies while adding value to these virtual worlds by developing the content and economy of these games.
"We want to own and develop assets in the metaverse as we believe that virtual economies will be more valuable than real-world economies over time. At the same time, we want to create value in the virtual world for our guild members to thrive in a virtual environment - the competitive gamers, the artists, and content creators that populate the metaverse."
Activities of YGG
YGG’s goal is to maximize the value of NFTs used in virtual worlds and blockchain-based games. Its protocol is automated by smart contracts instructed by consensus through the DAO based on governance proposals and voting of a distributed network of token holders.
Activities of YGG include:
- Building a global community of play-to-earn gamers who play competitively to collect in-game rewards (e.g. players in Axie Infinity earning tokens from winning battles);
- Producing revenue through the rental or sale of YGG-owned NFT assets for a markup (e.g the resale of land in The Sandbox or renting Axies to players as part of a profit-sharing model, known as a scholarship);
- Allowing the community to participate in the DAO by passing proposals and voting;
- Coordinating research and development for gamers in the DAO to arbitrage on yield generation by being competitive in metaverse-related games.