To dive deeper, check out the complete article from original source:
https://droomdroom.com/understanding-yield-guild-games/
🎮 Yield Guild Games (YGG) merges blockchain gaming with Non-Fungible Tokens (NFTs), creating a unique play-to-earn gaming community. 🌍 With global reach, YGG unites players worldwide, investing in various gaming NFTs like virtual lands and in-game assets. This guild operates on the Ethereum platform, blending gaming with decentralized finance (DeFi) and NFTs.
🔗 YGG’s structure includes SubDAOs (sub-decentralized autonomous organizations), each a gaming hub for a specific area, fostering community and asset management. Members can rent and borrow NFTs from the guild, earning profits both from gaming and lending their NFTs.
🤔 Interested in joining? You’ll need an Ethereum-supported wallet, like Metamask, to participate. Members, known as ‘scholars,’ receive community support and share their gaming earnings with the guild.
💰 YGG is more than just gaming; it’s an investment opportunity. The YGG token, an ERC-20 token on the Ethereum blockchain, allows holders to participate in governance decisions, influencing the guild’s direction and projects.
🌐 25 million YGG tokens were launched, emphasizing community needs with a planned distribution over four years. The token not only facilitates governance but also acts as a currency within YGG’s ecosystem.
💵 Obtaining YGG tokens involves choosing a cryptocurrency exchange, creating an account, depositing funds, placing an order, and securely storing your tokens. Staying informed on YGG developments is crucial due to the volatile nature of digital currencies.
🚀 YGG stands out by targeting both gamers and investors, focusing on profitability alongside gaming. This approach may offer fast growth and revenue potential in the global market, making YGG a compelling investment in the blockchain gaming and NFT sector. 🌟
