Yield Guild Games (YGG) Project Analysis
1. Research Comment
The recently popular game project Axie infinity is supported by YGG, the blockchain game guild project
2. Recent Flashpoint
Listing on Huobi
3. Project Introduction
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) used to invest in NFT based on virtual world and blockchain games. YGG combines the features of NFT and DeFi to add liquidity mining to the game economy, while increasing the value of metaverse through the development of game players, artists, and creators.
4. Token Roles
- Participate in community DAO governance
- Airdrop for new games
- As a reserve fund for future projects
- Stake YGG to get rewards
5. Token Allocation
Total: 1 billion
- Community: 45% released according to the activity
- Finance department: 13.3%
- Consultant: 1.85% locked for 1 year and released linearly in the second year
- Investor: 24.9%
- Founding team: 15% locked for 2 years and released within 3 years
6. Investment Institutions
ploygon, free company, flamingo, sfermion, bitscale
On July 26, 2021, an additional US$4.6 million was raised by: Andreessen Horowitz (a16z) led the investment, followed by Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures and gaming entrepreneur Gabriel Leydon.
Yield Guild Games basic information
Token name: YGG
Project website: https://yieldguild.io/
Block query:
https://etherscan.io/token/0x25f8087ead173b73d6e8b84329989a8eea16cf73
CoinW Research
August 17, 2021