Game on: Yield Guild Games scholarships on the rise through Q1
Yield Guild Games has had a very strong start to 2022 despite crypto markets falling steadily throughout the first three months of the year. Yield Guild Games (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token.The Community Report shows that the month-on-month growth of scholarships in YGG has been strong despite a downturn in the market. January saw 50.13% growth, February saw a 28.8% increase, while March had 41.93% growth fueled by new....
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There are now more than 20,000 new scholars in the guild, which is still seeing sustained demand for play-to-earn gaming. The popular gaming guild YGG has reached a milestone in terms of new scholars for the Axie Infinity platform and various other play-to-earn games.Yield Guild Games reported 20,700 unique Axie Infinity scholars in February, an increase of 8,500% since the same month last year when there were just 241. The milestone marks a “new record in the play-to-earn space” said YGG in an announcement shared with Cointelegraph.The play-to-earn scholarships allow new players to borrow....
Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable. The community behind Guild of Guardians, an NFT-based role-playing game, appears to be enthusiastic about the forthcoming title after they snatched up nearly all of the NFTs that were part of the so-called founder’s sale. Since going live earlier this week, Guild of Guardians’ NFT sale has raised over $3 million, the company announced Wednesday. The title raised $2 million in the first hour of the founder’s sale and $2.8 million in the span of 24....
The Series A funding round was led by BITKRAFT Ventures, an esports-focused venture capital firm. A.Capital Ventures, IDEO, CoLab, Mechanism Capital and ParaFi Capital also participated in the raise, as did several angel investors. Yield Guild Games, also known as YGG, has received the backing of several venture firms and angel investors as it embarks on a mission to expand its network and popularize the play-to-earn gaming model. The $4 million cash injection will be used to invest in nonfungible token, or NFT, assets of play-to-earn games, the company announced Wednesday. YGG describes....
Yield Guild Games is a big name in the blockchain gaming and gaming guild industry vertical. Its subDAO Yield Guild Games Southeast Asia (YGG SEA) has secured $15 million in funding through two private rounds. It is another example of how strong the momentum of play-to-earn gaming is in that part of the world. The […]
Microsoft's head of gaming Phil Spencer said he is cautious about integrating NFTs with the Xbox Store. Decentralized gaming guild Yield Guild Games (YGG) has partnered with, and invested in, eight new play-to-earn (P2E) blockchain games.YGG lends out nonfungible token (NFT) gaming assets to Guild players so that they can earn rewards from a long list of P2E games without having to front the costs of purchasing the NFTs themselves. The guild boasts assets from widely popular games such as Axie Infinity and Splinterlands. In an announcement shared with Cointelegraph on Nov. 16, YGG revealed....