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Cryptocurrencies/Coins/Yield Guild Games (YGG)
Yield Guild Games price, market cap on Coin360 heatmap

Yield Guild Games(YGG)

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0.00002849 BTC
Market Cap (Rank#286)
3,315 BTC
Vol 24h
241.382 BTC
Circulating Supply
Max Supply
14 days agocryptodaily
Next-Gen Multimedia Blockchain Platform, CRETA, Enters the Japanese Market With a New Establishment of Creta Inc.
CRETA, a global game/content creators' metaverse platform, has announced establishing a local corporation in Shibuya, Tokyo that is poised to boost the company’s presence in the global video games industry. By incorporating the metaverse platform in Japan, the company aims to leverage the opportunities present in the local market, employing vetted game development talent and facilitating the growth of the tight-knit blockchain community. CRETA, built off on the next-generation L1 blockchain technology Locus Chain, is seeking to exclusively release a new version of the acclaimed video game title "Kingdom Under Fire" and one of the most popular games in Asia, "Fortress". Through the establishment of Japanese local branch, the company aims to expand its lineup of high-quality games and bring together a large number of industry-renowned game creators and companies to get a foothold into the evolving metaverse market. To celebrate the CRETA’s new establishment in Japan, its kick-off event was privately held on July 11th, 2022, with video games connoisseurs getting together to laud the incorporation of the entity. Some of the guests attending the event were Mr. Shuji Utsumi, Vice Chairman of SEGA, Mr. Yoji Ishii, producer of the "Sonic" series, Mr. Naoto Ohshima, graphic & game designer of the “Sonic” series, Mr. Masamitsu Shiino, COO of Yield Gaming Guild (YGG), Mr. Oji Hiroi, the original comic book author and game creator of "Sakura Wars" and "Skura Taisen", an executive from Okakichi Corporation, founded by Yoshiki Okamoto, the original creator of the record-breaking games "Street Fighter" and "Monster Strike", and other executives from Disney Japan, Bandai Namco, and Microsoft Japan. Ray Nakazato, CEO of Creta Inc. Japan and Chief Creative Officer for the entire platform, commented, "I am positively amazed that the CRETA project even at its early stage has been apple to generate so much buzz and engaged so many forward-thinking veterans of the gaming industry under one roof. Apparently, it is a solid signal that the Japanese industry leaders are also thinking very positively about the effects that the nexus of blockchain technology and video games can bring. Through the synergy of Locus Chain's leading blockchain technology and building a pipeline of high-quality games, CRETA will no doubt get the largest stake in this nascent metaverse market within a short period of time." Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
63 days agocryptodaily
Merit Circle And YGG Terminate Partnership
Merit Circle DAO votes to end the partnership between the two giants of the play-to-earn space. Joint Statement Announces End Of Partnership After working together for seven months, the Merit Circle DAO has voted to terminate the relationship with Yield Guild Games (YGG). The vote was followed by buying out YGG’s 175,000 USDC ($175,000) investment in the P2E DAO for 1.75 million USDC. Both teams released a joint statement on Medium, which reads, “Collaboratively, Merit Circle Ltd and Yield Guild Games came to an agreement. The proposed solution terminates the formal relationship between the Merit Circle DAO and Yield Guild Games. This space would not be where it is today without Yield Guild Games, and not without the Merit Circle DAO.” What is A Gaming Guild? A crypto gaming guild like YGG is essentially a group of P2E gamers who invest in games with a mission of earning profits and building strong communities in the crypto-gaming space. Many such gaming guilds catapulted to success during the heyday of the metaverse and crypto-gaming towards the end of 2021. However, things have changed since then, and 2022 has brought in a bear market that has also dampened the metaverse. As a result, companies and DAOs in the space are focusing on cutting costs just to stay afloat. The decision to part ways between these two P2E forces was set in motion when the Merit Circle community decided to evaluate the contribution of their seed investors. “Lack Of Value” Or Cutting Costs? It all started with a MIP-13 proposal by a member called “HoneyBarrel” that claimed YGG had failed to provide enough value, asked that the SAFT be canceled, and the guild be refunded its initial investment. The proposal got surprising amounts of support from the DAO community, forcing YGG to release their own statement that pointed out that as seed investors, they were not obligated to provide any value-add beyond the investment. In response, The core team at Merit cited the many different ways that YGG had contributed to the success and growth of Merit Circle; however, it also acquiesced that the ultimate power rested with the DAO community. Both parties realized that the proposal and the prior agreement with investors were at odds and could result in a long-drawn-out legal battle. Therefore, as a counter-proposal to MIP-13, a joint agreement to terminate the partnership was presented in MIP-14. “Stain On Web3” Several industry experts have expressed their disapproval over the whole incident. Founder of crypto educational platform,, Tim Connors has pointed out that the buyout gave YGG just $1.75 million, whereas their investment could have been worth $5.2 million. He tweeted, “Decentralization is not about ruthless self-interest. It’s about collaboration. And if we want this industry to continue to thrive, then we’ll need to collaborate with the off-chain world too. That includes honoring legal agreements with investors.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
63 days agocointelegraph
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.
64 days agocoindesk
Gaming DAO Merit Circle, YGG ‘Terminate Relationship’
Merit Circle members initially proposed to cancel YGG’s investment in Merit Circle because of a lack of perceived value added. Now the two are parting ways.
70 days agocryptodaily
Solana Ventures Set Up $100M Fund For South Korean Startups
The $100 million investment and grant fund has been launched to fund Web3 startups in South Korea, primarily those involved in DeFi and GameFi. Solana Continues Expansion The fund has been established through the efforts of both Solana Ventures (the VC arm of the Solana ecosystem) and the Solana Foundation (the non-profit arm of the ecosystem). The fund will be supporting the growth and development of the projects centering around non-fungible tokens (NFT), blockchain gaming, and decentralized finance (DeFi) in South Korea. One of the contributors to the fund will be the Solana community treasury, while another source is Solana Venture’s pool of capital. The GM for Games at the Solana Foundation, Johnny B. Lee, has commented on the decision to expand into the South Korean market, saying, “A big portion of Korea’s gaming industry is moving into web3. We want to be flexible; there’s a wide range of project sizes, team sizes, so some of [our investments] will be venture-sized checks…Free-to-play adoption probably took eight years, so if we say it’ll take four years for web3 games to be the dominant revenue model, I’m pretty comfortable with that.” Solana Taking Over GameFi Solana has been eyeing the GameFi market for a while, attempting to assert its position as a gaming-friendly blockchain. It has been consistently making investments in GameFi since last year. The first of its kind was the $100 gaming fund launched in partnership with crypto exchange FTX and Lightspeed Ventures in November 2021. The Solana team followed it up soon enough with another project - a $150 million investment in blockchain gaming in partnership with Griffin Gaming Partners and Forte. It continued its GameFi expansions in 2022 as well, with a $500,000 investment in the Southeast Asia market in partnership with YGG SEA. The play-to-earn model of several games like Axie Infinity has been criticized in the past on the grounds of not being fun enough for players who only used it as a money-making platform. However, according to Lee, that would be changing soon as several “high quality and fun games” would be launching on Solana by the end of the year. Helping Hand For Terra The projects all need to be built on the Solana blockchain to be eligible for this funding. However, the fund is also supporting some select Terra-based projects to help out after its devastating crash last month. The Solana Foundation does not want the developers working on the Terra blockchain to suffer the consequences of the complete breakdown of the ecosystem. In fact, Lee has already pointed out that “the developers did nothing really wrong, but they’re left in the lurch.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
83 days agocryptodaily
Guild war starts as Merit Circle tries to pay-off YGG - Cites “lack of value”
The Merit Circle decentralised autonomous organisation (DAO) has put forward a proposal to return the backing from Yield Guild Games (YGG), stating that the guild does not bring value as an investor. During the metaverse/gaming boom over the final quarter of 2021, gaming guilds carved out their own particular niche in the sector. They invested in promising games, and supplied yield and scholarships to users by way of the play-to-earn model. However, since those heady days when the promise of blockchain gaming reached its height, all gaming orientated tokens have plunged, taken down by the weight of the falling crypto markets. With all projects struggling to stay afloat in the current bear market, many are looking to cut costs and improve value where they can. Therefore, the Merit Circle community decided to evaluate just how much value their seed investors had put into the project. The seed investors were all required to post an account of what they believed was their contribution to Merit Circle. Investors included Maven11, Mechanism Capital, and DeFinance Capital, alongside YGG. In its post, YGG stated that it had helped Merit Circle get featured on the Yahoo Finance, and CoinDesk news platforms. It had also made introductions to other investors and had co-invested with Merit Circle in the same projects. Based on this, a Merit Circle DAO member going by the name of HoneyBarrel, initiated the proposal to cut YGG as a backer. The member argued that it was relatively easy to have got Merit Circle on to Yahoo Finance and CoinDesk, and that it was difficult to quantify how helpful YGG had been in introductions to other investors. The member also disagreed that investing into the same projects added any value to the DAO. According to an article on Tech in Asia, YGG is working with Merit Circle in order to resolve the dispute. YGG published a statement rebutting the accusations: “This post highlighted two clear issues to the YGG team: firstly, it had not been made clear to the wider community that YGG had in fact provided meaningful value to Merit Circle; and, secondly, that the community did not understand that the signed SAFT had neither a mechanism for such action nor any call for the delivery of services beyond the investment of capital.” YGG also said that certain parts of the HoneyBarrel proposal were “mischaracterized” and that some were “outright false”. However, the proposal is said to be getting a lot of support from other members of the DAO, and if the vote on the proposal is successful, YGG’s initial seed funding would be returned, and all investment benefits would be withdrawn. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
83 days agocoindesk
Gaming DAO Merit Circle and YGG Caught in DAO Governance Strife
Merit Circle members want to refund Yield Guild Games' investment and cancel an agreement between the two, claiming there’s not been enough value-add by the gaming guild giant.
96 days agocryptopotato
Drunk Robots Partners With YGG SEA and Boosts the Arena Prize to 5M METAL
[PRESS RELEASE – Please Read Disclaimer] The post-apocalyptic megapolis of Los Machines has become a focal point of NFT gaming activity. Drunk Robots, a raucously funny game backed by Animoca Brands and Merit Circle, has not only launched several game modes after the sold-out IDO but also signed partnerships with several leading P2E leagues and […]
105 days agocryptopotato
YGG SEA Announces the SEA Token IDO Public Sale on Copper
[PRESS RELEASE – Taipei, Taiwan, 3rd May 2022] Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization (subDAO) of the Philippines-based blockchain gaming startup Yield Guild Games (YGG), today announced the upcoming Initial DEX Offering (IDO) of its SEA token on the Copper launchpad. The SEA Token Launch Auction will commence on the […]
106 days agocryptodaily
Gaming Platform YGG Sea Announces 75M SEA IDO Sale Following Solana Ventures Partnership
Within the crypto space, the gaming industry has found a niche that is now expanding to mainstream investors as well. This has given rise to blockchain gaming which, after gaining the attention of Venture Capitalists, is now stretching itself out to cater to the more crypto-centric audience. YGG SEA makes a splash One such gaming platform is YGG Sea, whose sub-decentralized autonomous organization (subDAO) - Yield Guild Games Southeast Asia (YGG SEA) - is announcing its forthcoming Initial DEX Offering (IDO) of its SEA token on the Copper launchpad. The SEA token serves as a governance token of the subDAO with which members of the YGG SEA community can cast their votes on governance proposals. The SEA token is also used for allocating ecosystem rewards as well as for whitelist opportunities for GameFi as well as non-GameFi NFTs. Having invested in over 76 projects in the last six months, YGG SEA has already established its presence in Indonesia, Thailand, Malaysia, and Vietnam. With plans to expand into three more countries before November 2022, the subDAO plans on covering the entire Southeast Asian market by 2024. In order to successfully execute these plans, the upcoming IDO will be of huge help. Beginning May 9 at 15:00 UTC on the Copper platform, the SEA token launch will run through May 14. For the same, about 75 million SEA tokens have been allocated to the IDO sale, priced at $0.50, which represents 7.5% of the token’s total 1 billion SEA supply. Commenting on the IDO, the Co-founder of YGG SEA, Irene Umar, said, “The IDO is a once-in-a-lifetime opportunity to appreciate our community’s unconditional support. We are where we are because of the community and we would like the community to own a piece of YGG SEA through the IDO. DYOR, all I can say: what you see today is just the beginning of what will unfold in the coming months.” Venture Capitalists and Venture Funds have been foraying into the blockchain gaming space sincerely and have poured about $2.5 billion into the development of different projects in the first quarter of 2022 alone. YGG SEA, too, has managed to raise $15 million in two funding rounds from investors, including the likes of Capital, Polygon, Animoca Brands, and more. The latest to invest in the subDAO was Solana Ventures which not only funded YGG SEA with $500k but also partnered with it to provide resources and training to Southeast Asian game developers and the broader gaming community. This rapid development will establish YGG as one of the most prominent gaming platforms in the Southeast Asian market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
107 days agocryptopotato
YGG SEA Partners with Solana Ventures to Supercharge Game Development in SE Asia
[PRESS RELEASE – Taipei, Taiwan, 28th April 2022] YGG SEA has formed a new partnership with Solana Ventures, the investment arm of Solana Labs, that will bolster the Yield Guild Games subDAO’s operations in Southeast Asia. This exclusive strategic agreement will lead to the provision of resources to the region’s game developers and broader gaming […]
110 days agocryptodaily
Solana Ventures Invests $500K in YGG SEA To Bolster GameFi in Southeast Asia
The gaming industry is one of the most successful and quickly growing industries, and along with it, the crypto space is growing just as quickly. Combine these two, and what you get is looking to become the next big thing since, with the explosion of NFTs and Metaverse, it already has the attention of crypto leaders. GameFi to become the next big thing? That is the shared opinion of the investors and developers alike. This is because DeFi protocols and blockchain gaming tokens and projects such as Axie Infinity, Decentraland, and Metaverse have noticed a lot of investment this year. Thus, tapping into that space, Solana Ventures partnered with Yield Guild Games subDAO (YGG SEA) as well as co-led a $500k investment in the project. Solana Ventures will work with YGG SEA to provide resources and training to Southeast Asian game developers and the broader gaming community through this exclusive strategic agreement. With over 225 million gaming and e-sports fans, gaining a foothold in this region will unlock a whole new demographic for Solana. This way, the blockchain will be able to deploy new titles in the Solana ecosystem drawing in higher investments from GameFi enthusiasts. By working closely with YGG SEA's country managers, Solana will develop training programs on building projects on the Solana blockchain and connect game development studios to engineering resources. Talking about the deal, the Head of Solana Ventures, Matt Beck, said, "Southeast Asia is a major hub of innovation in blockchain games, and we are excited to partner with YGG SEA to build sustainable value in the Southeast Asian communities and developer ecosystem. Game companies should not only focus on monetization. Our plans are to build out learning and development resources to create real, long-term value in Southeast Asia, and ultimately help bring the best games and products to market." Since Solana intends to establish a long-term presence in this region beyond GameFi, this partnership with the Yield Guild Games subDAO will act as a critical stepping stone. Why is GameFi so important? As mentioned earlier, GameFi attracts investment from a cohort called" gamers" who would usually refrain from investing in the likes of NFTs or buying virtual plots in the Metaverse. As Venture Capitalists such as Solana Ventures have identified it, they are actively trying to establish their presence/domination in this area. In fact, just in the first quarter of 2022, from January to March, VCs and other investors have infused over $2.5 billion. The total value locked in Decentralized Finance (DeFi) protocols declined by $28 billion in the same duration. Although DeFi does command higher participation, the presence of GameFi is quickly rising as well, with the latter standing only a couple of hundred active wallets away from DeFi's stature. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
112 days agocryptodaily
Apeiron Raises 17.5M in seed fundings and NFTs to rekindle God Games with Blockchain
Apeiron, the world’s first NFT God Game on the blockchain, has raised 17.5M USD from investment rounds and NFT sales. The company received 3M from preseed investment, 10M from seed investment, and 4.5M from NFT sales, putting them over 17.5M in total. The contribution reflects the high levels of anticipation around the project, planned to come out at the end of this year. In Apeiron, players take on the role of Godlings, powerful newborn gods, who control unique NFT planets. Living on these worlds are the Doods, cute and chubby creatures who like to have a good time, but aren’t particularly intelligent. As a Godling, players will use their divine powers to help the Doods solve the many problems that inevitably crop up in their daily lives using miracles based around the four traditional elements of fire, air, water, and earth. Players may also take control of the planet’s Avatar, a powerful elemental construct, to explore the universe and engage in thrilling real-time card-based combat. In development for over half a decade, the game has been a knockout success with investors and gaming guilds, winning big support from blockchain investors Hashed from South Korea, as well as getting funds from heavy-hitting venture capitalist firms such as DeFiance Capital, Morningstar Ventures, Spartan Group, and De-Fi Capital. On top of that, gaming guild giants Guildfi, YGGSEA, Avocado, Ancient8, and Snackclub offer strategic values across different demographics and a vision for the game that extends even beyond web3 gaming. Frank Cheng, CEO of Foonie Magus and creator of Apeiron, was thrilled at the groundswell of support: “We’ve been under the radar for six years, pouring blood, sweat and tears over the production and designs of this game, but now the world has responded. We are excited to have found partners who share our crazy visions, and we are in for one hell of a ride for the entire gaming industry, one that will present a memorable experience for all to share and own together.” Asked about why Apeiron has gotten such notice, Cheng said: “We are no AAA studio, but we are a group of passionate gamers and adventurers, with a pioneering spirit to venture into new creative territory. We’ve spent time getting the fundamentals right, and we’re confident we have strong gameplay mechanics and awesome stories to tell. Ultimately, when the game is fun, people will play it, leading to long-term, sustainable cycles that can weather the ages, supported with a healthy dose of competitive esports, merchandising and franchising of course.” With the closing of the seed round, Apeiron is commencing their private and community investment rounds, which will lead up to the game’s TGE (Token Generation Event) scheduled in late May. Apeiron is slated for full launch in Q4 of this year, but interested players may consider purchasing their own planets now on the Opensea marketplace to be fully ready for the game’s release. About Apeiron Apeiron is the world's first NFT-based play-and-earn godgame. Apeiron will feature a unique card-based action-adventure combat system combined with god game simulation gameplay inspired by classic god games like Populous and Black & White. Players can construct planets from above before descending to the ground as an Avatar to solve the mysteries of the universe. Players will grow their planet to the point of developmental stagnation, then reset the planetary cycle via an Armageddon event to allow for even more advancement and thrilling late-game alliance level GvE and GvG activities. Apeiron will use a tri-token architecture, which means that there will be three separate tokens to navigate their ecosystem: a governance token, a play to earn token, and a premium team to earn token. Visit Apeiron's Website | OpenSea | Youtube | Discord | Twitter Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
112 days agocryptopotato
YGG SEA Secures $15M from Marquee Investors to Boost P2E Gaming in Southeast Asia
[PRESS RELEASE – Taipei, Taiwan, 26th April 2022] Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization (subDAO) of the Philippines-based blockchain gaming startup Yield Guild Games (YGG), has secured $15 million across two different private funding rounds. It will use the proceeds to boost the adoption of play-to-earn gaming in Southeast Asian […]
113 days agocryptodaily
YGG SEA Raises $15 Million To Strengthen The Position of Play-to-earn Gaming In Southeast Asia 
Play-to-earn gaming continues to take the world by storm. Yield Guild Games Southeast Asia (YGG SEA) acknowledges the tremendous potential for this industry vertical in Southeast Asia. The subDAO raised $15 million in funding to speed up the adoption and development of P2E titles in the region. Yield Guild Games Keeps Expanding People familiar with play-to-earn games will know the name Yield Guild Games. The popular P2E gaming guild brings thousands of players together across blockchain-based economies. The guild primarily focuses on scholarships and enabling broader access to popular titles like Axie Infinity. Ultimately, YGG aims to build a global network of players, investors, and developers to grow the NFT gaming space and secure mainstream adoption. A venture like Yield Guild Games will only succeed if it gains global traction. The team is on an expansion streak and has established its first regional subDAO in Southeast Asia. The Yield Guild Games Southeast Asia (YGG SEA) venture focuses on the needs of players and builders across several countries, including Malaysia, Vietnam, and Thailand. Furthermore, the subDAO acquires NFTs tailored to the needs of the SEA player base through grassroots efforts. As the name Yield Guild Games becomes synonymous with blockchain gaming, more people pay attention to its new subDAO. YGG SEA has raised $15 million across two private funding rounds. The proceeds will help the team boost adoption and development of local play-to-earn games. SubDAOs like YGG SEA are a key focal point for Yield Guild Games to establish a global position. YGG SEA, and future subDAOs, have the necessary local knowledge and networks to bring enthusiasts together and take play-to-earn gaming to the next level. The ultimate goal of the Yield Guild Games ecosystem focuses on multiple milestones: The team introduces more players to P2E games through scholarships, negating the need for an upfront investment. It bridges the Web2 community and the Web3 world through GameFi initiatives. Localization and grassroots effort in individual countries and regions will catalyze the completion of these milestones. Investors Take Notice Of YGG SEA The localized efforts under the YGG SEA banner do not go unnoticed. Dozens of investors participated in the subDAO's private funding rounds, culminating in $15 million added to YGG SEA's war chest. The funds will boost the adoption of play-to-earn gaming in Southeast Asia and support locally developed games within the region. Notable investors in the private rounds include Yield Guild Games, Infinity Ventures Crypto, Animoca Brands, MindWorks Ventures, Jump Capital, Hashed, United Overseas Bank Venture Management, Evernew Capital, Yolo Ventures, and many others. All investors acknowledge Southeast Asia is the next big market for play-to-earn gaming. That is not surprising, as the region is crypto- and blockchain-friendly too. Animoca Brands CEO Robby Yung adds: “As an investor in YGG, Animoca Brands is a supporter of the YGG SEA team, its business model, and its regional focus. We believe YGG SEA will strongly contribute to onboarding players to blockchain across South East Asia.” Thanks to these two private funding rounds, YGG SEA can continue to focus on building the biggest and most sustainable play-to-earn virtual economy in South Asia. The subDAO is also a founding member of the Asia Blockchain Gaming Alliance and keeps its finger on the pulse of new developments, regulations, and other aspects of blockchain gaming. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice
156 days agocryptopotato
Delysium, the First Playable AAA MMO Web3 Game, Closed $4M in its Round One Private Sale
[PRESS RELEASE – Los Angeles, USA, 14th March, 2022] Delysium has completed its first round of private-sale of over $4 million, led by Galaxy Interactive, Republic Crypto, and Alameda Research, with Anthos Capital, Eureka Meta Capital, Y2Z Ventures, Tess Ventures, Zonff Partners, Infinity Ventures Crypto, Lucid Blue Ventures,Unix Gaming, Ancient8, PathDAO, YGG SEA, Mask Network, […]
171 day agonulltx
Top 3 Metaverse Crypto Coins Gaining the Most Price This Week (SPH, FEAR, YGG)
Even though this week has been quite rough for cryptocurrency markets, Metaverse crypto coins continue to show significant bullish momentum. Let’s look at the top three Metaverse crypto coins gaining the most price this week, ordered by 7-day growth, lowest to highest. Spheroid Universe (SPH) +16% Launched in March 2021, Spheroid Universe (SPH) is a […] The post Top 3 Metaverse Crypto Coins Gaining the Most Price This Week (SPH, FEAR, YGG) appeared first on NullTX.
175 days agocryptopotato
Strategy Game Heroes of Mavia Secures $2.5M Strategic Funding Led by CryptoCom Capital
[PRESS RELEASE – Hanoi, Vietnam, 21st February 2022] Heroes of Mavia, a blockchain-based play-to-earn massively multiplayer online (MMO) strategy game developed by Skrice Studios, announces the closing of its $2.5 million strategic funding round led by Capital. It also saw participation from Hashkey Capital, Merit Circle, GuildFi, YGG SEA, Avocado Guild and several other […]
175 days agonulltx
Top 3 Metaverse Crypto Coins Gaining The Most Price Today (YGG, XDOGE, VIBE)
Even with today’s crypto bear market, dozens of Metaverse crypto coins see significant price gains. This article looks at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour growth, lowest to highest. Yield Guild Games (YGG) +14.30% Launched in December 2020, Yield Guild Games is a gaming guild with a […] The post Top 3 Metaverse Crypto Coins Gaining The Most Price Today (YGG, XDOGE, VIBE) appeared first on NullTX.
181 day agocointelegraph
YGG-backed Oasys blockchain hopes to take P2E gaming mainstream
“Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,” said Oasys founding member Gabby Dizon.
189 days agocointelegraph
RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility
Focusing on utility and continuing to build during a strong bear trend appears to have helped Render Token, NFTX and Yield Guild Games bounce back from the recent correction.
208 days agocryptodaily
Heroes Of Mavia Lands $5.5 Million In Funding For Its P2E MMO Strategy Game
Things are moving in the right direction for Heroes of Mavia, the up-and-coming blockchain-based play-to-earn MMO out of Vietnam. A recent $5.5 million seed funding round confirms growing interest in MMO strategy games with P2E mechanics. Heroes Of Mavia In A Nutshell There is growing momentum in the play-to-earn gaming segment. Ever since Axie Infinity noted strong momentum and growth, other projects have come to market, exploring similar mechanics to empower players across the board. Developing a superior gaming experience to earn real money takes money, time, and effort. Any project completing a funding round in the space is worth keeping an eye on, and Heroes of Mavia falls into that category too. For those unaware, Heroes of Mavia positions itself as a play-to-earn MMO strategy game developed by Skrice Studios. Players can buy land, build their base, and battle other players for in-game RUBY token rewards. Additionally, in-game assets - such as Land, Heroes, and Statues - are non-fungible tokens supported by the native marketplace. Additionally, all combat is live-streamed and permanently recorded for anyone to view whenever they want. Heroes Of Mavia is built on Ethereum, the most prominent blockchain in the world today. Every player commands its base and needs to expand its size and army through resources obtained from attacking other players. Moreover, there will be unique monetization features and intricate mechanics, contributing to the AAA gaming experience the developers aim to provide. Getting involved in the game requires owning at least one plot of land - either by owning it directly, renting it from a player, or partnering with a landowner. Every plot can hold one base. However, letting players rent from other players makes it easier to get involved in Heroes of Mavia without making substantial upfront investments. Successful Seed Funding Boosts Momentum The Heroes of Mavia team recently announced the completion of a $5.5 million seed funding round. The round noted strong participation from renowned investors, including Binance Labs (lead), Genblock Capital, Alameda Research, Animoca Brands, YGG, Merit Circle, and various angel investors. Skrice Studios' Managing Director Tristan Chaudhry comments: "We are thrilled to have such strong backing from some of the largest and most influential investors in the space. We are proud to say that all of our partners share our vision for making Heroes of Mavia a leader in Blockchain Gaming, and we plan on pushing the boundaries of what Play-to-Earn games are capable of." The seed funding will allow Skrice Studios to develop the game further - including its dual-token approach to separate the governance token from the in-game currency - and attract top talent to grow its team. Moreover, the company will focus on growing its community ahead of the game launch. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
208 days agocryptodaily
Metaverse projects a bargain right now?
For the crypto market, the adage “buy when there’s blood on the streets” may never be truer. Only a few short weeks ago the Metaverse was touted as the next mega industry within the crypto sector. However, since that time, projects that were considered game-changers for the future of the Metaverse have had their prices ground into the dust. Is now a good time to buy? It must always be borne in mind that crypto markets, as with all markets, go up and down. Just because stocks or crypto tokens are down large amounts, it doesn’t necessarily mean that a reversal is just around the corner. However, with blood practically washing down the streets in the crypto market, those brave enough to buy now just may be getting themselves some bargains. The Metaverse really burst onto the crypto scene with Mark Zuckerberg’s announcement that Facebook would be rebranded to “Meta”, and that it would be building out its own private Metaverse. After that moment, the Metaverse tokens of many projects absolutely sky-rocketed. As with all new things though, there is a hype cycle, and it looks like all the Metaverse plays that were once being hyped to the heavens, are now suffering the downside of that cycle. Render (RNDR) is one such project. Rendering graphics is extremely GPU intensive, and costly for having it done with an in-house rendering solution. Instead, a global network of GPUs connected to decentralised nodes can get the job done quicker, cheaper and more easily. As can be seen in the chart above, price has retreated to $2.50, well down from its $8.80 high. This is a 72% correction and has touched support last made in March 2021. A bounce from here, also off of the 100-day moving average, might be likely. Gala Games (GALA) has eight games so far on its platform. The network is run by a community of players who operate nodes that power the ecosystem. As with any truly decentralised Metaverse gaming platform, the players make the rules and decide in which direction Gala Games will go. GALA could be viewed as another strong candidate for a reversal soon. A downward trend, since a high of $0.84 at the end of November, would be likely to turn around, given that the price is approaching the 78.6 fibonacci level, and the Stochastic and RSI indicators are both bottoming. Yield Guild Games (YGG) is what is known as a guild. Guilds are part of the infrastructure of the gaming Metaverse. Yield Guild Games brings together players in the play-to-earn gaming sector. It provides funding (scholarships) for players and lends them equipment to help them win. The guild also buys land and various other NFTs in several Metaverses, loaning them out in order to make yield for the guild members. The YGG price has obviously dropped important support at the $4.60 level and it’s not clear how much further it might drop. However, the RSI has entered oversold territory, and the Stochastic momentum indicator is on its way to a bottom. Last message to investors Crypto markets are incredibly volatile, and the price can drop quickly and drastically. Seeking expert advice before entering the market is a recommended strategy. Only put in the value that you are willing to lose. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
215 days agocryptopotato
Coinbase Becomes Sponsor-A-Scholar Partner of Yield Guild Games (YGG)
YGG teamed up with Coinbase to offer more scholarships. At the same time, the platform revealed it will acquire the derivatives exchange FairX.

About Yield Guild Games

The live price of Yield Guild Games (YGG) today is 0.664257 USD, and with the current circulating supply of Yield Guild Games at 116,331,159.16 YGG, its market capitalization stands at 77,273,831 USD. In the last 24 hours YGG price has moved -0.012012 USD or -0.02% while 5,291,082 USD worth of YGG has been traded on various exchanges. The current valuation of YGG puts it at #286 in cryptocurrency rankings based on market capitalization.

Learn more about the Yield Guild Games blockchain network and how it works or follow the price of its native cryptocurrency YGG and the broader market with our unique COIN360 cryptocurrency heatmap.

Yield Guild Games Price0.664257 USD
Market Rank#286
Market Cap77,273,831 USD
24h Volume5,627,506 USD
Circulating Supply116,331,159.16 YGG
Max Supply1,000,000,000 YGG
Yesterday's Market Cap82,623,010 USD
Yesterday's Open / Close0.722252 USD / 0.71024 USD
Yesterday's High / Low0.736266 USD / 0.703685 USD
Yesterday's Change
-0.02% ( 0.012012 USD )
Yesterday's Volume5,291,081.50 USD
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
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