1. Project Introduction
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) focused on investing in non-fungible tokens (NFTs) tied to virtual worlds and blockchain-based games. The mission of YGG is to build the largest virtual world economy, optimize the assets owned by its community, and maximize their utility, sharing the profits with token holders.
Summary: Yield Guild Games (YGG) is a gaming guild focused on play-to-earn blockchain games, aiming to build a network for players and investors to help each other start and grow within the NFT gaming space.
2. Team & Investment Info
Team:
Beryl Li, Co-founder, former Head of Product at UBX Philippines investment platform, and founder of CapchainX.
Gabby Dizon, Co-founder, former co-founder of Narra Gallery, founding member of Oasys, and CEO of Altitude Games.
Funding:
In April 2024, YGG announced a new strategic financing round with participation from Newman Capital, along with a strategic partnership. Specific amounts remain undisclosed. In February 2023, the project raised $13.8 million through token sales with participation from DWF Labs and a16z Crypto.
In August 2021, YGG raised $4.6 million in a round led by Andreessen Horowitz (a16z), with participation from Kingsway Capital, Infinity Ventures Crypto, Atelier Ventures, and gaming entrepreneur Gabriel Leydon.
In June 2021, the project raised $4 million in a Series A round led by BITKRAFT Ventures, with other investors including A.Capital Ventures, Atelier Ventures, Fabric Ventures, Greenfield One, IDEO CoLab, Mechanism Capital, ParaFi Capital, and Third Prime Capital, along with previous backers like Animoca Brands, Ascensive Assets, and Bitscale Capital.
3. Social Media URLs
X: https://x.com/YieldGuild
Discord: https://discord.gg/ygg
Medium: https://yieldguild.medium.com/
Facebook: https://fb.com/YieldGuildGames
4. Token Info
Token Symbol: YGG
Total Supply: 1,000,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/address/0x25f8087ead173b73d6e8b84329989a8eea16cf73
5. Related Links
Official Website: https://www.yieldguild.io/
LinkedIn: https://www.linkedin.com/company/yieldguildgames/
Other Info: https://www.rootdata.com/Projects/detail/Yield%20Guild%20Games?k=NjUy