The First: Explore the Operating Mechanism and Development Potential of Yield Guild Games

in #tf2 months ago

In exploring the new frontier of digital entertainment and finance integration, GameFi (Gamification Finance) has led an unprecedented revolution with its unique charm. This innovative concept was first proposed by Mary Ma, CSO of MixMarvel, at the Wuzhen Conference at the end of 2019. It cleverly integrates the essence of decentralized finance (DeFi) with the infinite fun of games, opening a new era of "play to earn". GameFi not only reshapes the boundaries of traditional gaming economy, but also empowers every asset in the game - from characters, equipment to skins - into a unique NFT (non-fungible token) or FT (homogeneous token) through blockchain technology, giving games unprecedented financial attributes and value.
In this magnificent wave of GameFi, Yield Guild Games, as a leader, has become a bridge connecting players with the virtual economy world with its forward-looking vision and excellent execution. Yield Guild Games not only deeply understands and practices the core value of GameFi, which is to achieve economic freedom and self-appreciation through games, but also builds a huge community across multiple blockchain game ecosystems through its unique DAO (Decentralized Autonomous Organization) model. In this community, players are not only participants in the game, but also co-builders and beneficiaries of the game economy.

What is Yield Guild Games?
Due to the rise of the Gamefi track in 2021, the popularity of Axie Infinity has triggered a gold rush among blockchain players. However, for most low-income gamers, the configuration cost of a $600 pet that requires three to start a battle is unaffordable for many players. In this environment, the emergence of blockchain game agencies has greatly reduced the threshold for players to enter P2E games. The scholarship system pioneered by Yield Guild Games has led to the rise of blockchain game agencies, and the financing amount of this track has increased significantly in 2021 and 2022.

As a decentralized autonomous organization (DAO), Yield Guild Games' function is to invest in assets or tokens based on virtual worlds and blockchain games, optimize the value of assets owned by its community, and achieve maximum utility.
Yield Guild Games' core business can be said to be a combination of Berkshire Hathaway and Uber, as Yield Guild Games is acquiring various NFT assets from different games and renting these NFTs to players who need initial capital (in-game NFTs) to make money.
Unlike other gaming platforms, Yield Guild Games uses blockchain technology to track game transaction data, making all transaction data transparent. YGG supports NFT assets and connects the global blockchain player investor community. It is committed to providing players with opportunities to earn profits through games in multiple blockchain games. Currently, Yield Guild Games has launched multiple revenue-earning programs, such as Axie Infinity, The Sandbox, League of Kindoms, and other games, and manages and operates them through DAO (Decentralized Autonomous Organization). Organization members can participate in the organization's decision-making and development by contributing funds, game play, community building, and other means, while also sharing various revenue opportunities planned by the organization.
How to run Yield Guild Games?
YGG (Yield Guild Games) has built a highly collaborative and autonomous cross-game ecosystem through its innovative SubDAO structure. This model brings together player groups from different NFT games and geographic locations to form multiple specialized SubDAOs. Each SubDAO is an autonomous organization composed of players from specific games or regions, where they share game strategies, help each other improve performance, and manage game activities and assets according to their own rules. This structure not only promotes close cooperation among players, but also maximizes in-game profits.

Under the YGG system, each SubDAO has a community leader, a shared wallet, and exclusive SubDAO tokens. Token holders can not only share game profits based on contributions, but also participate in SubDAO governance decisions, such as asset purchases and management strategies, reflecting a high degree of democracy and autonomy. In addition, players can participate in the game by renting NFT assets in SubDAO or YGG vaults to obtain rewards, while asset lenders can receive a portion of the income, forming a mutually beneficial ecosystem.
YGG's core business cleverly integrates the concepts of asset management and sharing economy, similar to Berkshire Hathaway's diversified investment strategy and Uber's sharing economy model. It extensively collects and manages NFT assets from multiple Play-to-Earn games, and then rents these assets to players who need initial capital to earn rental income. This business model not only brings stable income sources to YGG, but also provides convenient and efficient asset acquisition channels for players, promoting the prosperous development of the entire virtual economy ecosystem.
Core Mechanism of Yield Guild Games
Yield Guild Games is unique in the GameFi field, with its core advantage being cross-game ecosystem collaboration. This model not only breaks the boundaries of a single game, but also integrates virtual assets from multiple blockchain games to build a diversified investment portfolio and extensive revenue sources for community members. YGG first established a cross-game asset management platform, allowing players to easily manage virtual assets in different games, achieving free circulation and efficient utilization of assets.
In addition, YGG has built a cross-game community network that closely connects players and agencies scattered around the world. In this community, players can not only share game experiences and strategies, but also explore new game worlds together, enhancing the cohesion and interactivity of the community. This cross-game community collaboration not only enhances players' gaming experience, but also creates more opportunities for cooperation and revenue sources for them.

YGG's cross-game revenue sharing mechanism is unique. This mechanism distributes revenue based on the overall contribution of agency members, breaking the limitation of single game revenue in traditional games. This means that even if the revenue of a certain game is relatively low, agency members can still obtain corresponding revenue through their contributions in other games, thus ensuring the stability and growth of overall revenue.
Taking Axie Infinity as an example, YGG, as the largest asset manager of the game, provides rich income opportunities for community members. Players can earn income by breeding, training, and fighting Axie, and import these assets into YGG's asset management platform for management and trading. In addition, they can rent Axie to other players to earn rental income, or team up to participate in various activities in the game to jointly increase income. This cross-game cooperation model not only increases the popularity and user engagement rate of Axie Infinity, but also promotes the prosperity and development of the entire virtual economy ecosystem.
During the Axie Infinity boom, a YGG member from the Philippines made over $180,000 in one year by breeding, training and leasing Axie.
Yield Guild Games Founding Team
Yield Guild Games (YGG) was founded by Gabby Dizon and Archie Oclos in 2020. The initial purpose of the two co-founders of YGG was to create a blockchain-based game revenue earning community, enabling more people to earn revenue through games, while also promoting the development of decentralization and digital assets.
According to the official report, there are a total of 48 people. Judging from the backgrounds of their team members, most of them have blockchain work backgrounds and traditional gaming backgrounds, and most of them are deep participants in the Axie Infinity ecosystem.

Gabby Dizon, CEO and co-founder of YGG . He has been deeply involved in mobile games since 2004 and entered the blockchain industry since 2018. In 2014, Gabby founded the game studio Altitude Games in Manila, which released the blockchain game Battle Racers in 2019. Gabby Dizon is an active member of the Axie Infinity and Yearn Finance communities, and is also a board member of the Blockchain Game Alliance.
Beryl Li, one of the CFOs and co-founders of YGG. Beryl Li graduated from the University of Cambridge and has been deeply involved in the blockchain industry since 2014. He served as the chairperson of the Cambridge University Cryptocurrency Association in 2016 and worked at BlackRock Asset Management. He is also a co-founder of CapchainX (acquired by SMKG OTC US) and a licensed advisor to Financial Institution.
Owl of Moistness, CTO and co-founder of YGG. Entered the blockchain industry since 2018. Owl of Moistness has established breeding algorithms for Axie Infinity and many of its robots on Discord, written smart contracts to integrate the Discord tipping system, packaging contracts for deflationary tokens, and mining strategy contracts that comply with the yVaults standard.
Alexei Udall aka Sarutobi, Partner Leader at YGG. Entered the blockchain industry in 2017. Has over 5 years of experience in SaaS sales and partnerships.
Nolan Manalo aka Nate, the head of gaming business at YGG. Since entering the blockchain industry in 2016, he is an active member of the Axie Infinity community and the head coach of YGG's various platform E-sports teams.
Economics of $YGG Token
Yield Guild Games (YGG) has a native token named YGG, which is an Ethereum ERC-20 standard token with a total published amount of 1,000,000,000 YGG. The distribution method is as follows:
Community: 45.00% (450,000,000 YGG)
Investors: 24.90% (249,000,000 YGG)
Founder: 15.00% (150,000,000 YGG)
National Treasury: 13.30% (133,000,000 YGG)
Consultant: 1.80% (18,000,000 YGG)

In the YGG community, members holding YGG tokens can participate in governance decisions, including voting on community rules, investment strategies, and management of blockchain game assets. This setting not only gives members substantial influence on community development, but also makes the operation of the entire organization more democratic and transparent.
Another important function of YGG token is reflected in the distribution of profits. As a Decentralized Autonomous Organization, YGG earns profits by investing in and operating blockchain game assets. These profits will be distributed to YGG token holders in a certain proportion, enabling them to obtain actual economic benefits from the success of the community.
In addition, the YGG token is also used as an Incentive Mechanism to encourage community members to actively participate in various activities, such as playing games and participating in community governance. This incentive system helps maintain the active level of the community and provides impetus for its continued development.