What’s the update on Yield Guild Games?

Yield Guild Games (YGG), a decentralized gaming guild led by Filipinos that lends gaming NFT assets to players so they can begin playing and earning from blockchain play to earn games with no upfront costs, announced it has partnered with and invested in eight NFT play to earn games beginning in October 2021, including Influence, CyBall, Thetan Arena, KOGs SLAM!, MOBOX, Aavegotchi, DeHorizon, and Genopets. Founded in late 2020, YGG presently owns and operates over 18 prominent play to earn games for the benefit of its users, including Axie Infinity, Splinterlands, and Zed Run.

After raising a total of US$22.4 million earlier this year, including $9.9 million in an initial round led by Delphi Digital, an intermediate round led by BITKRAFT, and an advanced round led by a16z, as well as a US$12.5 million initial sale of its tokens to gamers, YGG intends to use the funds to acquire assets in leading NFT play to earn games in order to provide its community with opportunities to play and earn income in blockchain-based game economies. A comprehensive summary of YGG’s crypto assets is available in their most recent Asset & Treasury Report.

“Community engagement is a critical component of every YGG game acquisition,” stated Sarutobi Sasuke, YGG’s Head of Partnerships, summarizing YGG’s approach to evaluating the opportunities associated with different NFT play to earn games. “The team reviews the gameplay and game economics to ensure that the play to earn games have a robust and fair game economy that adequately compensates players for their time and effort,” he explained, adding that it is also critical for the game to include a guild, team, or league component, as this encourages a cooperative effort among the guild’s scholars.

The following is a summary of YGG’s most recent game partnerships, including information on the in-game assets the guild bought and the benefits they would provide to users.

Influence 

Influence is a massively multiplayer online game (MMO) focused on space strategy that combines entertaining gameplay with genuine ownership of NFT game assets. Players compete in a variety of ways, including mining, construction, commerce, research, and combat, and engage in an immersive three-dimensional cosmos through third-person control of their ships and the facilities they construct. Influence enables in-game transactions for resources, components, ships, and asteroids with the introduction of their soon-to-be-released token, SWAY, which players may acquire through gaming.

YGG has acquired the 46th biggest asteroid in the Solar System, KJ-44947, a carbonaceous C-type asteroid. Additionally, YGG has acquired roughly 30 minor asteroids for the benefit of the YGG community.

CyBall

CyBall is a cyberpunk-themed play-to-earn game in which players collect, trade, mentor, and combat CyBlocs, which are fictional cyborg characters represented on the blockchain as collected and transferable NFTs. Players develop their CyBlocs in order to participate in a variety of game types with variable prizes. Existing CyBlocs may also “mentor” younger CyBlocs, therefore fostering the development of the next generation of unique NFTs.

YGG secured a portion of the original Genesis CyBloc NFT packets in conjunction with CyBall, enabling YGG to equip at least 1,000 CyBall students from the outset. Visit https://thedadcade.com/what-you-probably-didnt-know-about-play-to-earn-games/ to read about What you probably didn’t know about Play to earn games.

Thetan Gymnasium

This mobile-optimized multiplayer online battle arena (MOBA) game enables users to recruit friends, create teams, combat other players, and gain token prizes via a mix of gaming abilities and collaboration. The game is free to play, and users may win in-game tokens known as Thetan Coins (THC). Additionally, the game has a play-to-earn option that provides additional token earning chances via the use of Premium Heroes.

YGG purchased 250 Common Heroes, 100 Epic Heroes, and 50 Legendary Heroes at Thetan Arena’s token auction.

KOGs SLAM

KOGs SLAM!, developed by RFOX, is a blockchain mobile game with rules reminiscent of the 1990s craze POGs. However, KOGs SLAM! has developed into a digital game that utilizes NFT items as game components. KOGs are collecting playable, transferable, and flammable non-fungible tokens (NFTs) that may be utilized only on the WAX network. KOGs SLAM! brings a play-to-earn concept to millions of users in Southeast Asia, where gamers can immediately earn KOGs and in-game tokens called KOINS via daily objectives and tournaments and swap their victories for real-world profits.

Additionally, YGG has bought one of two Marquee Brand SHOPs in the RFOX VALT’s Gaming quarter, an interactive and totally immersive shopping experience that incorporates gaming components and creates its own isolated Metaverse virtual reality. Members of YGG will be able to visit YGG’s SHOP in VR to engage with the community, collect NFTs, and play to earn games.

MOBOX

MOBOX is a community-driven gaming platform that blends yield farming with in-game non-fungible tokens to create a free-to-play and play to earn games environment. MOBOX’s platform now has four titles: MOMO: Block Brawl, MOMO: Token Master, MOMO: Farmer, and Trade Action. MBOX, the MOBOX DAO’s native governance token, may be used to purchase extra characters, lottery wheels, and incentives.

YGG has acquired five YGG-branded Legendary MOMO NFTs in addition to 100 KEYS that can be used to harvest MBOX tokens across all MOBOX play to earn games.

Aavegotchi

Aavegotchi reintroduces the virtual pet game Tamagotchi, but with pixelated ghosts inhabiting the Ethereum blockchain and using the Polygon network. These NFTs, which adhere to the ERC-721 standard, are valued according to their rarity level, which is determined by a number of criteria, including basic characteristics, equipped wearables, and the quantity of staked collateral, such as Aave Protocol interest-bearing tokens. By linking their wallets, a player may visit their property and rent it out to Aavegotchis to share a portion of the agricultural output and unlock further farming possibilities, as well as the full spectrum of social and adventurous gaming.

YGG and its sub days Yield Guild SEA (South East Asia) and Yield Guild ASIA have acquired distinctive Yield Guild-themed land plots (REALM parcels) as well as Aavegotchi avatars. Wearables will also be obtained in advance of the Gotchiverse’s December launch.

DeHorizon

Additionally, YGG academics may enter the vast fantasy realm of the DeHorizon metaverse, where they can play for enjoyment or earn money. DeHorizon play to earn games will be built on Ethereum-EVM compatible chains and will let players explore an open world of epic battles, minting NFT monsters, mining resources, embarking on heroic quests, and taming wild animals. Among the DeHorizon titles are the group-versus-group adventure game DeVerse, the weekly battle royale game DeTournament, and the dragon-riding fantasy sports game DeQuidditch.

YGG has acquired assets in the DeHorizon play to earn games, including unique weapons and equipment, a Dragon racing team, a DeMeta Pass ID, and 40 monsters known as JuJus, which will be particularly tailored to represent YGG.

Genopets 

Additionally, YGG expanded its library of gaming assets inside the Solana ecosystem by working with Genopets, a play-to-earn game pioneering the use of move-to-play principles and promoting physical exercise. Genopets are generative NFTs that develop and may be modified and personalized with eight distinct bionic characteristics and extremities that fit into one of five elemental categories. Combining Tamagotchi-style caring with Pokémon-style training and battles through asynchronous puzzle mini-games, the app turns players’ real-world movement into XP (experience points) for in-game advancement.

YGG has acquired custom-branded Genopets Habitats in addition to GENE governance tokens.

What you probably didn’t know about Play to earn games

Are you a gamer who aspires to earn money from your passion? If this is the case, you are not alone! Numerous gamers think of earning big money play to earn games, but not everyone understands how to make this dream a reality.

However, you may be surprised to hear that there are more gamers who have discovered methods and means to make their ambitions a reality than you believe. These individuals are currently making money in the video game business.

PlayToEarn is a ground-breaking website that compiles a comprehensive list of all play to earn games that include blockchain technology and reward players with gaming cryptocurrencies or non-fungible tokens (NFTs). This implies that just by visiting the PlayToEarn website, you may earn money playing play to earn games!

A dynamic gaming industry

Over the previous few decades, the gaming industry as a whole has developed considerably. Gaming technology has advanced dramatically, and gadgets have come and gone (from antiquated portable gaming devices like Nintendo’s legendary Game Boy to today’s plethora of sophisticated virtual reality systems).

Video games have always been very popular on a global scale – especially among younger generations. Now, video games are more popular than ever, with an increasing number of adults taking up the passion. This has resulted in the gaming industry reaching a value of $178 billion in 2021 (and predicted to exceed $295 billion in the following five years). Blockchain-based innovations in play to earn games have been a big driver of this predicted increase.

What is play to earn gaming?

Play-to-earn (P2E) is a ground-breaking gaming paradigm in which players earn a range of incentives just by playing certain play to earn games.

Why has the gaming business evolved more toward NFT and blockchain play to earn games in recent years? To be sure, more attention has been paid to the issue of digital ownership, and it has become clear that the majority of players no longer want to lose out on potentially profitable prospects presented by technology.

Rather than spending hours playing a game and real money on in-game purchases, players may now create genuine investments that can be sold later. This implies that gamers may make enough money to survive on via the P2E model, especially now that the worldwide COVID-19 epidemic has made it more difficult for many to secure regular jobs.

To get started in the gaming industry, visit the PlayToEarn website now and discover the most popular blockchain play to earn games!

The finest resource for gaming

PlayToEarn is an excellent resource for gaming, with clear, complete listings of blockchain gaming statistics accessible to assist you in making intelligent gaming investments. PlayToEarn’s extensive collection of blockchain play to earn games might assist you in earning cryptocurrencies or NFTs. Gaming cryptocurrencies are those that are integrated into video games to reward players for certain accomplishments, while NFTs are one-of-a-kind tokens with unique properties.

To assist you, you may filter the massive list of blockchain play to earn games by genre, status, device, and more!

Along with listing all known blockchain play to earn games, PlayToEarn has compiled a comprehensive list of all blockchain game-compatible cryptocurrencies and NFTs for the benefit of site visitors, as well as an extensive list of virtual world game land structures for gamers interested in digging a little deeper.

Essentially, if you’re interested in making money while playing play to earn games, you should consider PlayToEarn as the most helpful resource for assisting you in this endeavor! By paying close attention to each game’s PlayToEarn score, you may start earning bitcoin and non-fungible tokens in all of your favorite blockchain play to earn games!

From Free-to-Play to Earn-to-Play Games

When I was a child, playing computer play to earn games required payment (legally). Yes, I realize it seems strange in today’s era of free applications.

We’ve become used to this contemporary kind of gaming: You may play the game for free, but you must pay to access premium features (such as purchasing a tuxedo for your game hero).

The latest gaming trend entirely reverses this. Rather than paying to play games, you play for the purpose of earning money. While this certainly seems like a gamer’s fantasy, is it too good to be true?

This CoinDesk piece from last year catapulted “Play-to-Earn” gaming into the public limelight. Leah Callon-Butler, the author, discusses how an Axie Infinity-inspired Pokemon game helps jobless Filipinos put food on the table. You can read about What’s the update on Yield Guild Games? by clicking here.

Is it Possible to Be Paid for Having Fun?

If you’ve ever considered the idea of becoming a full-time athlete/gamer/YouTuber — a job built on love — you’re probably aware of how difficult it is to get into the industry.

For instance, using statistics from popular USA sports, this website predicts that the chances of a high school football player (which Americans refer to as “soccer”) reaching the professional level are 1 in 5,768. This equates to 0.017 percent.

The rest of us sports fans fulfill our fantasies by participating in weekly games with our friends and cheering on our favorite teams on television.

However, what if Play-to-Earn (P2E) play to earn games offered an alternative? In Malaysia, a monthly salary of USD 300-400 is already over the minimum wage.

So, although I will never be a professional athlete, what if I could make a decent side income playing online play to earn games?

Where Does the Funding Come From?

The caveat is that we’re still very early in the game, and nobody knows for certain if P2E will continue to be effective. Axie Infinity is indeed “patient zero,” the world’s first popular pay-to-win game.

Even yet, Axie has already exceeded USD 800 million in sales this year and is on track to surpass USD 1 billion. This puts it in the same billion-dollar club as PUBG, Fortnite, and Pokemon Go.

However, the business concepts are very distinct. In Free-to-Play play to earn games like Fortnite, the game publisher receives the majority — if not all — of the income. For instance, if I spend $20 on special clothing for my avatar, the money goes to Epic Games, the company that created Fortnite.

In comparison to Axie, you are purchasing something from another gamer, not “Axie Infinity Private Limited.” In practice, Axie Infinity retains just 5% of in-game revenue; the remaining 95% is distributed to players. 95 percent.

This is how gamers make money, in contrast to past economic models, which favored games producers.

I’m willing to wager that every competent game company in the world is now examining the Play-to-Earn concept and attempting to understand it. Yes, things may still fail or we may need to go through many iterations to get the economics right — but a sea change is underway.