Yield Guild GamesYGG to BDT

In this article, you will learn about Yield Guild Games (YGG), a decentralized gaming platform that is bringing play-to-earn concepts to the gaming industry and transforming it. Examine how YGG promotes financial inclusion and empowerment by allowing users to make money off of their time and expertise in virtual gaming economies. We will also explore the platform's creative take on blockchain-based gaming, how it affects global gaming opportunities economically, and how it might change the face of gaming in the future.

What is Yield Guild Games (YGG)?

Yield Guild Games (YGG) is the world’s first and biggest web3 gaming guild where players can find their community, discover games, and level up together. Its mission is to become the leading community-based user acquisition platform in Web3 gaming.

As a network of gaming guilds focused on web3 games, YGG is committed to providing opportunities for its members to achieve success in web3 gaming through questing initiatives such as Superquests and the Guild Advancement Program (GAP). These enable members to build their on-chain identity through its achievement-based reputation system.

From its roots in the Philippines to its global network of regional guilds and partnerships with over 80 blockchain games and infrastructure projects, YGG caters to an ever-expanding community of gamers and blockchain enthusiasts.

In addition, YGG gives users access to virtual money, unique in-game items, and other valuable digital assets. In virtual gaming economies, gamers can maximize their profits and accumulate riches through clever gameplay and teamwork within the YGG community.

How Do Yield Guild Games Work?

Yield Guild Games (YGG) connects gamers with blockchain-based game chances to generate revenue. Within these gaming ecosystems, players, referred to as "guild members," invest in virtual real estate and in-game items that yield passive revenue. A portion of the profits is distributed to guild members as the value of these assets increases. Rare in-game items and virtual currency that may be exchanged or sold for a profit are also made easier to obtain by YGG.

By enabling players to monetize their time and abilities through its decentralized platform, YGG creates a thriving ecosystem where play converts into real-world earnings and financial empowerment. To aim for enhanced security, YGG has built a subDAO to host a specific game’s assets and activities, with assets in the subDAO bought, owned, and controlled by the YGG treasury through a multi-signature (multisig) hardware wallet.

What Are the Potential Use Cases for Yield Guild Games?

1. YGG presents a use case in the realm of blockchain gaming and virtual economies. 
2. It allows players and investors to earn from their participation in virtual worlds and blockchain-based games through the acquisition and utilization of NFTs. 
3. This model provides an opportunity for individuals to engage in play-to-earn games, where they can receive native tokens for in-game activity. 
4. Furthermore, YGG's structure as a DAO allows for decentralized decision-making, where token holders can submit proposals and vote on various aspects of the organization's operations. 
5. This democratic approach to governance enables the community to have a direct impact on the direction and development of YGG. 

What Makes Yield Guild Games So Unique?

1. Yield Guild Games (YGG) has enormous promise for a wide range of applications. First off, it makes it possible for players—especially those in underdeveloped nations—to engage in play-to-earn gaming economies and generate a steady income. 
2. By investing in virtual assets with actual value, YGG can be a substitute investment option for anyone looking to diversify their holdings.

How Many Yield Guild Games (YGG) Coins Are There in Circulation?

In the last 24 hours, Yield Guild Games has had a 9.61% increase in value. With a current market capitalization of $151,079,527, the current CoinMarketCap ranking is #257. YGG coins are now in circulation in 74,275,864 units, with a maximum supply of 1,000,000,000 units.

To support the YGG community, the gaming startup has set aside 45% of a total token supply of one billion tokens. In addition, about 40% of the tokens will be distributed to investors (24.9%) and founders (15%), with the remaining 15% going to the company’s treasury and advisors.

When Will Yield Guild Games Trading Begin?

Trading for the Yield Guild Game began on July 27, 2021.

Where Can You Buy Yield Guild Games (YGG)?

There are many exchanges where you can buy the YGG coin; the top exchanges for trading in Yield Guild Games are currently OKEx, Gate.io, ZT, Uniswap (V3), and XT.COM.

Conclusion

Yield Guild Games (YGG) is a player in the volatile and speculative world of cryptocurrencies and blockchain-based games, both of which carry a certain amount of risk. There is a risk of financial loss while investing in YGG tokens or using its platform because of things like market volatility, changes in regulations, and technological weaknesses. Furthermore, YGG's performance is dependent on a number of other variables that are out of its control, such as the popularity of blockchain technology in general and the use of play-to-earn gaming models.

This serves as a reminder to exercise caution and undertake a thorough investigation before making any investments or engaging with YGG. Before engaging in such activities, people should evaluate their individual risk tolerance and financial status. Additionally, users are recommended to obtain independent professional counsel if necessary, as YGG does not offer financial advice. They should acknowledge and accept the risks and obligations associated with using YGG's platform and buying its tokens.