Yield Guild Games

Overview

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) focused on investing in NFTs used in blockchain-based games and virtual worlds. The YGG token serves as the governance token for the DAO, allowing holders to vote on key decisions and participate in the ecosystem's growth.

Intended Utility

The primary purpose of YGG is to create a network of players and investors in the play-to-earn gaming space. The token enables governance rights, revenue sharing from guild activities, and access to exclusive opportunities within the YGG ecosystem. Token holders can participate in important decisions regarding guild investments, partnerships, and operational strategies.

Actual Utility

YGG has demonstrated significant real-world utility through its gaming scholarships program, where the organization purchases gaming NFTs and lends them to players (scholars) who cannot afford the initial investment. This creates genuine economic opportunities, particularly in developing countries. The project has established partnerships with numerous blockchain games and maintains an active community of players and investors.

Token Distribution and Governance

The token distribution includes allocations for the treasury, team members, and early investors with appropriate vesting schedules. The team has maintained transparency regarding token allocations and has implemented a gradual release schedule to prevent market manipulation. The project focuses on building long-term value through strategic partnerships and community development.

Technology and Revenue Model

YGG's revenue model is based on taking a percentage of scholars' earnings and investing in gaming NFTs. This model does not involve interest-bearing mechanisms or conventional lending practices that would raise Islamic finance concerns. The project facilitates legitimate economic activity through gaming asset ownership and revenue sharing.