3 years ago
There are present much than 20,000 caller scholars successful the guild, which is inactive seeing sustained request for play-to-earn gaming.
The fashionable gaming guild YGG has reached a milestone successful presumption of caller scholars for the Axie Infinity level and assorted different play-to-earn games.
Yield Guild Games reported 20,700 unsocial Axie Infinity scholars successful February, an summation of 8,500% since the aforesaid period past twelvemonth erstwhile determination were conscionable 241. The milestone marks a “new grounds successful the play-to-earn space” said YGG successful an announcement shared with Cointelegraph.
The play-to-earn scholarships let caller players to get a squad of Axie NFTs from the Guild. Their in-game net are past divided betwixt the player, the assemblage manager, and the YGG DAO.
YGG reported that successful February, scholars farmed much than 26.4 cardinal SLP, the autochthonal token for Axie Infinity. This fig represents a 57% summation from January’s farming figures.
It added that much than 18.4 cardinal SLP (worth astir $360,000 arsenic of the extremity of February) oregon 70% of the total, was received by scholars, 20% went to the assistance manager, and 10% to the Guild.
Despite the descent successful SLP (Smooth Love Potion) prices, determination has been sustained request for scholarships with YGG. SLP is presently trading astatine astir $0.018, down much than 95% from its July 2021 all-time precocious of $0.40 according to CoinGecko.
YGG is simply a decentralized assemblage of play-to-earn gamers based successful Southeast Asia and Latin America. It operates crossed respective games investing successful yield-generating in-game nonfungible tokens (NFTs) that are lent retired to the players. It secured a $4 cardinal backing round to put successful NFTs successful June 2021.
Related: Which play-to-earn games are amended than Axie Infinity?
In summation to Axie scholarships, YGG has launched akin incentives for the soccer-themed cyberpunk play-to-earn crippled CyBall. The 1,000 scholarships were snapped up rapidly and the programme is present afloat but YGG said that much volition beryllium offered soon done its Discord channel.
In February, Cointelegraph reported that the YGG had launched a caller gaming-focused proof-of-stake blockchain called Oasys.
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