YGG

Yield Guild Games price

YGG
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4.0/5
CyberScope
4.0
05/29/2024
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USD
USD
$0.95820
-1.48%
1h
24h
1W
1M
1Y
All

Yield Guild Games price live data

The current price of Yield Guild Games is $0.95820. Since 00:00 UTC, Yield Guild Games has decreased by -1.47%. It currently has a circulating supply of 371,867,815 YGG and a maximum supply of 1,000,000,000 YGG, giving it a fully diluted market cap of $356.84M. At present, Yield Guild Games holds the 120 position in market cap rankings. The Yield Guild Games/USD price is updated in real-time.

Yield Guild Games price performance in USD

Time periodChange amount%Chg
Today-$0.01430 -1.48%
7 days$0.028600 +3.07%
30 days$0.16140 +20.25%
3 months$0.25730 +36.70%

Yield Guild Games market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.93520
Last price $0.95820
24h high$1.0058
Heat index ranking
39
Market cap ranking
120
Market cap
$356.84M
Favorited rate
Percentage of users who favorited this asset to all users
4.37%
All-time high
$11.4999
-91.67% (-$10.5417)
Nov 21, 2021 (3 years ago)
All-time low
$0.10540
+809.10% ($0.85280)
Jun 10, 2023 (11 months ago)
ICO date
07/28/2021
ICO price
The price at which this crypto was first traded
$0.50000
Circulating supply
The amount of this crypto that is publicly available in the market
371,867,815 YGG
Market cap at circulating supply
Market cap = Circulating supply × Last price
$959.60M

About Yield Guild Games (YGG)

Yield Guild Games (YGG) is a notable player in the GameFi sector, particularly in the play-to-earn (P2E) space. The platform has gained prominence by collaborating with top games and having prominent GameFi personalities on its team.

Yield Guild Games operates as a decentralized autonomous organization (DAO), utilizing blockchain technology to enable users to earn income by playing and participating in blockchain-based games. Central to the ecosystem is the YGG token, which is essential for platform operations and governance.

What is Yield Guild Games

Yield Guild Games (YGG) is a DAO that supports blockchain-based games utilizing non-fungible tokens (NFTs). The organization's vision revolves around fostering a community of players who can earn a livelihood while enjoying their time in these metaverses. Yield Guild Games' strength lies in its capability to provide players with essential resources to kickstart their P2E journey, eliminating the initial financial barriers many encounter.

The Yield Guild Games team

The Yield Guild Games team is led by its co-founders, Gabby Dizon, Beryl Chavez Li, and Twitter user Owl of Moistness. Each co-founder contributes a distinct blend of experiences and skills, encompassing game development, blockchain technology, community building, and venture capital expertise.

How does Yield Guild Games work

Yield Guild Games (YGG) is made up of multiple SubDAOs, which are groups of players from specific NFT games. Each SubDAO has its own set of rules to manage the assets of their respective play-to-earn (P2E) game. This model enables players from each DAO to rent out their NFTs so others can gain access to P2E games and earn rewards. In return, those who loan their NFTs gain a share of the earnings, creating a mutually beneficial arrangement. All NFTs and digital assets on the YGG platform are stored within the YGG treasury, which the community controls.

Yield Guild Games’ native token: YGG

YGG serves as the DAO's governance token, allowing holders to vote on various proposals concerning the guild's operations. The token is also used to reward players and contributors, making it an integral part of the YGG ecosystem.

YGG tokenomics

YGG operates on an Ethereum-based ERC-20 token model. The token's primary use is for governance and rewards within the YGG community. It has a max supply of 1 billion tokens, aiming to gradually distribute them over time to maintain a healthy, sustainable economy within the ecosystem.

YGG use cases

YGG token holders can participate in the decision-making process of the Yield Guild Games ecosystem, voting on various proposals, including strategic decisions and asset acquisitions. The YGG token also serves as a rewards mechanism within Yield Guild Games. Players who contribute to the ecosystem by playing games, completing tasks, or participating in community activities can earn YGG tokens.

Distribution of YGG

YGG is distributed as follows:

  • 45 percent to the community
  • 15 percent to the founders of YGG
  • 24.92 percent to investors of the project
  • 1.75 percent to advisors
  • 13.33 percent to the treasury

Yield Guild Games’ future expansion plans

Yield Guild Games has ambitious plans to broaden its presence and take a leading role in emerging gaming markets, including newer metaverses. To enhance earnings opportunities for gamers, Yield Guild Games is actively developing new products and services. For instance, a yield farming platform is in the works, enabling gamers to earn interest on their gaming assets. Additionally, Yield Guild Games is creating a guild management platform to facilitate efficient asset and operations management for guilds.

YGG FAQ

What are the benefits of using Yield Guild Games?

Players who are part of Yield Guild Games’ guild benefit from access to valuable in-game assets without the need for significant upfront payment. They can earn in-game rewards and profits from the assets they use, creating a win-win situation for both Yield Guild Games and its members. Additionally, YGG is continuously expanding into new gaming markets and developing innovative products and services to help gamers earn even more money. Examples include yield farming platforms and guild management tools.

How can players get involved with Yield Guild Games?

Players can engage with Yield Guild Games by becoming part of its SubDAO network, lending their NFTs to enable others to access play-to-earn (P2E) games and earn rewards. By pooling resources and knowledge, Yield Guild Games provides opportunities for players to generate income and participate in the growing metaverse economy, creating new avenues for economic empowerment and financial inclusion.

Where can I buy YGG tokens?

Easily buy YGG tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include YGG/USDT and YGG/USDC.

You can also buy YGG with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for YGG with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into YGG, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.