Yield Guild Games
Crypto Overview
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 project acts as a guild that brings together players, investors, and game developers in the play-to-earn gaming ecosystem.
Intended Utility
YGG token serves as the governance token for the DAO, allowing holders to participate in decision-making regarding guild investments, revenue sharing, and operational decisions. Token holders can vote on proposals and receive a share of the guild's earnings from its gaming assets.
Actual Utility and Adoption
The token has demonstrated genuine utility through active governance participation and real economic activity. YGG has established partnerships with numerous blockchain games including Axie Infinity, The Sandbox, and League of Kingdoms. The guild actively manages a portfolio of gaming assets and supports thousands of players globally through scholarship programs.
Token Distribution and Governance
Initial token distribution allocated 45% to the treasury and future community incentives, 15% to the founding team and future employees (with 4-year vesting), 25% to early supporters and advisors, and 15% for public sale participants. The vesting schedules appear reasonable and designed to align long-term interests.
Development and Business Model
The project shows consistent development activity and community growth. The business model revolves around legitimate gaming asset investment and management, player support, and community building. Revenue comes from asset appreciation and gaming rewards, not from interest-bearing activities.
Crypto Impact
To assign a comfort level investing in Yield Guild Games from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Yield Guild Games.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.