A decentralized autonomous organization (DAO) called Yield Guild Games (YGG) makes investments in non-fungible tokens (NFTs), which are utilized in blockchain-based video games. In the field of play-to-earn gaming, it is a trailblazer, establishing a global player and investor community. The guild’s primary business strategy is to buy expensive in-game items and then lend them to a group of players called scholars so they may utilize them to get in-game prizes. The gamers, managers, and the guild itself then split these profits.

Who is the Founder of Yield Guild Game?

Darren Lau, Beryl Li, and Gabby Dizon were co-founders of Yield Guild Games. Gabby Dizon is a well-known thought leader in the play-to-earn market and a prominent member of the Philippine crypto community. He is frequently given credit for making the idea of a gaming guild more widely accepted. Beryl Li is a co-founder of a blockchain education firm and a prominent figure in the Philippine crypto industry. Their common goal was to establish a worldwide network that uses blockchain gaming to open up economic opportunities for individuals in impoverished countries.

How to Earn on Yield Guild Game

There are several ways to earn within the Yield Guild Games ecosystem, catering to different levels of participation.

• For Players (Scholars): The most popular way to earn is through the Yield Guild Games scholarship program. In this model, a player who cannot afford to buy the expensive in-game NFTs (like the Axies needed for Axie Infinity) can borrow them from the guild for free. The scholar then plays the game and earns in-game rewards (e.g., SLP tokens). These earnings are then split, with the largest share going to the player, a portion to the guild, and a portion to the manager who oversees them. This program provides an immediate, low-barrier-to-entry earning opportunity.  
• For Managers: A manager is a community member who oversees and mentors a group of scholars. They are responsible for training new scholars, ensuring they play correctly, and managing their in-game assets. In return for their efforts, managers receive a portion of the scholars’ earnings.  
• For YGG Token Holders: For investors, earning is primarily through holding the YGG token. The token’s value is directly tied to the success of the DAO’s investments. Token holders can participate in the DAO’s governance and potentially stake their tokens to earn rewards from the guild’s operations, such as a percentage of the revenue generated from scholar earnings or asset sales.  

Is Yield Guild Game Profitable?

The profitability of Yield Guild Game can be viewed from several angles, as it differs for the guild itself, its token holders, and its players.

• For the DAO (The Guild): Yield guild games profitability is tied to the success of the games it invests in. The guild earns revenue by taking a percentage of the earnings from its thousands of scholars and by generating returns on its portfolio of valuable in-game assets. As the play-to-earn market grows, YGG’s business model scales, potentially leading to significant profits.
• For YGG Token Holders: The YGG token’s profitability for investors is subject to the high volatility of the crypto market. While the token’s value can appreciate with the guild’s success, it can also fall sharply due to market sentiment or broader crypto downturns.  
• For Players (Scholars): A scholar’s profitability is highly dependent on the price of the in-game token they are earning. For example, if the value of SLP drops, the amount a scholar earns in real-world currency will also drop, regardless of how much they play.

In summary, while yield guild games offers a compelling model for creating economic opportunity, its profitability for all participants is directly linked to the health and growth of the play-to-earn gaming sector and the wider crypto market.

Frequently Asked Questions

What is a “play-to-earn” guild? 

• A play-to-earn guild is an organization that buys, manages, and rents out in-game assets in blockchain games. Its purpose is to help players who cannot afford the initial capital to get started, while also generating a return for the guild’s investors.  

How are YGG’s earnings shared? 

• YGG’s scholarship model typically splits earnings in a predetermined ratio. The largest portion goes to the player, with a smaller percentage going to the manager and the guild itself.

What is the role of a manager in the Yield Guild Games ecosystem?

•  A manager acts as a team lead, mentor, and asset manager. They are responsible for a group of scholars, helping them learn the game and ensuring the guild’s assets are used effectively.  

How is Yield Guild Games value determined? 

• The value of YGG is determined by the total value of the assets it owns (treasury assets), the revenue it generates, and the overall market sentiment for its business model and the play-to-earn sector.

What games do guild games invest in? 

• YGG has a diverse portfolio of investments that includes major titles like Axie Infinity, The Sandbox, Star Atlas, and Illuvium, among others.  

Can I become a yield guild games scholar?

•  Yes, yield guild games and its sub-DAOs have a formal application process for their scholarship programs, which can be found on their website or Discord channel. However, demand for these programs is high, and acceptance is not guaranteed.