Yield Guild Games Hits 20K Axie Infinity P2E Scholarship Milestone
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....
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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....
Profits generated through the sponsorship program will be distributed among the gaming guild’s members. NFT gamers can now receive a scholarship through a new program that has been backed by some of the industry’s biggest investors.Pseudonymous digital landowner and crypto whale, “Flying Falcon,” has been the first to contribute to the “Sponsor-A-Scholar” program set up by open gaming community, Yield Guild Games, or YGG. Flying Falcon will back 50 Axie Infinity players through the program.Sponsors can donate the game’s native token, Small Love Potion (SLP), for YGG players to use for....
YGG’s head of ecosystem development described subDAOs as “sort of its own economy, that has its own treasury and its own token” with its own characteristics depending on the country it's located in. The blockchain-based gaming industry will need to look at localized strategies to attract Web3 gamers, says decentralized gaming guild Yield Guild Games (YGG).Speaking with Cointelegraph at the 2022 Tokyo Games Show last week, Andy Chou, YGG’s head of ecosystem development, and Brian Lu, partner of Taiwan-based VC firm Infinity Ventures Crypto (IVC) gave a rundown of YGG’s plans moving forward,....
Metaverse gaming tokens, including The Sandbox’s SAND and Axie Infinity’s AXS, have bucked the downtrend in Bitcoin and Ether. Metaverse gaming tokens Ethverse (ETHV), The Sandbox (SAND), GameSwap (GSWAP), Yield Guild Games (YGG) and Axie Infinity (AXS) are the few cryptocurrencies seeing gains on Nov. 17 with Bitcoin (BTC), Ether (ETH) and most of the market in the red. Best-performing crypto sectorThe emerging division of the blockchain universe saw its market capitalization swell by more than 9% in the previous 24 hours and almost 8% in the last seven days to reach $17.42 billion. Its....
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....