2021 will be a great year for blockchain-powered games. With the introduction of more projects to market, we have also seen an increase in user activity and growth within the crypto community as well.
The “yield guild games coin” is a digital asset that can be used in the Yield Guild Games. The currency will be available on third-party exchanges as well as the game’s own internal market.
As of December 31, 2021, Yield Guild Games (YGG) provides an update on its community participation, membership growth, and numerous collaborations in this article.
The fourth quarter of 2021 was marked by high market volatility for cryptocurrency. YGG, on the other hand, has remained committed to enhancing its ever-expanding community by hosting and participating in fun events, developing new relationships with games and guilds, and obtaining additional game assets for the community to utilize.
This page provides a high-level description of these events, which are detailed in the newly released YGG Q4 2021 Community Update. The whole report may be seen here.
On YGG’s community channels, there has been plenty of activity to provide members with a steady supply of fresh entertainment and educational materials that may help them enhance the overall quality of their time in the Metaverse.
YGG sponsored nine Ask Me Anything (AMA) sessions and a special Community Update with co-founder Gabby Dizon from October to December. In October, the YGG Managers Cup was inaugurated, bringing together players from the Philippines, Southeast Asia, India, Japan, Latin America, and the United States to compete in the world’s largest Axie Infinity competition.
In addition, in the fourth quarter of 2021, community creators presented multiple streams showcasing several of YGG’s game partners, with six episodes of Thetan Arena Tuesdays, 15 episodes of Game Hunters, and 25 episodes of Axie Bootcamp broadcast. YGG’s Facebook page and YouTube channel include recordings of these community activities.
YGG also attracted major worldwide media attention, including news coverage and pieces about the guild as an important contributor to the play-to-earn area, as well as a lengthy run of podcast interviews with popular programs. You can see a complete list of YGG’s podcast appearances here.
YGG saw tremendous growth from the third to the fourth quarters of last year, with a massive rise in Discord members from 62,545 at the end of September to almost 100,000 by the end of 2021.
Holders of the Guild Badge climbed from 14,161 in the first month after its inception to 18,598 by the end of 2021, indicating a strong dedication to the guild.
Meanwhile, in December of last year, YGG reached a significant milestone in terms of its overall number of Axie Infinity students, surpassing the 10,000 mark. The guild currently has a total of 68,465 Axies throughout its breeding and scholarship coffers as of the same month.
Last November, scholars earned at least 25.8 million SLP, the greatest total amount of SLP ever received by YGG scholars. YGG academics earned US$11.7 million in the fourth quarter of 2021 by devoting their time into fruitful play, while YGG managers made US$2.6 million. SLP profits brought in $1.3 million for YGG.
Since its founding in November 2020, YGG has worked with 48 projects spanning games, gaming guilds, and critical play-to-earn infrastructure to assist gamers build a better environment. The fourth quarter of 2021 was the busiest of the year, with 27 new agreements worth a total of $5.46 million, with 54.73 percent going to pay-to-play games, 27.44 percent to gaming guilds, and 17.83 percent to other pay-to-play infrastructure initiatives.
US$2.992 million was spent on game partnerships, with 58 percent going to NFT assets and the remaining 42 percent going to governance tokens, ensuring that YGG has access to various in-game components and may participate in the games’ progress.
Last quarter, the guild boosted its MMORPG game relationships, with Big Time, Aavegotchi, Genopets, and VulcanVerse receiving 33.42 percent of the game partnership expenditure, making MMORPG games the second biggest category of YGG gaming after Strategy games. YGG also worked with games in the MMO Strategy, MOBA, Sports, and Casual game categories to guarantee that there are games accessible to fit the requirements and interests of any YGG community member.
YGG also created ties with gaming guilds Merit Circle, BAYZ, YGG SEA, and IndiGG in Q4 2021 to guarantee that gamers from all across the globe have access to scholarships. Cassava, BreederDAO, XY Finance, Ignite Tournaments, and Strider are some of the play-to-earn neighboring platforms and services with which the guild has worked with the purpose of delivering long-term value to the YGG player community and the play-to-earn ecosystem.
In 2022, YGG anticipates the blockchain gaming ecosystem will continue to thrive, fueled by the steady development of professional blockchain engineers and conventional game studios seeking new possibilities.
It’s also possible that the way play-to-earn games are created will change. While underdeveloped markets are more interested in revenues than in gameplay, a more “fun first” environment with a game economics layer is becoming a popular tactic to entice conventional gamers and those from developed countries to try blockchain gaming and explore the Metaverse. With this in mind, YGG will continue to provide a variety of ways for gamers and creators to join the next gaming age.
Download the complete report to discover more about YGG’s collaborations and activities from October to December 2021.
The YGG whitepaper may be found here if you want to learn more about the company. For future updates, join the YGG Discord or follow us on Twitter.
Yield Guild Games is a blockchain-based gaming platform that uses the Ethereum network. The project promises to bring transparency and fairness to the industry by creating an ecosystem of games where players can earn real money, without having to spend any on in-game purchases. Reference: what is yield guild games.
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