Gone in 31 seconds: Yield Guild Games’ IDO raises $12.5M from just 32 partici...

Gone in 31 seconds: Yield Guild Games’ IDO raises $12.5M from just 32 partici...

The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants. Yield Guild Games (YGG), a collective of play-to-earn gamers, completed its initial DEX offering via SushiSwap’s Miso platform in under a minute earlier today.The offering saw YGG raise roughly $12.5 million  on July 27, with the token sale distributing 25 million tokens or 2.5% of the project’s 1 billion token supply via a dutch auction. The YGG tokens were sold for roughly $0.50 each.Disappointed investors criticized the sale after 32 wallets....


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