@YieldGuild is a DAO that invests in #NFTs used in virtual worlds & blockchain-based games.
YGG's mission:
Create the biggest virtual world economy, optimizing its community-owned assets for maximum utility AND sharing its profits with its token holders.🕹️
$YGG combines the best of the #NFT and the #DeFi space!
$YGG does this by bringing yield farming to game economies while adding value to these virtual worlds by developing the content and economy of these games.
NFTs 🤝 DeFi
...but HOW? There are 4 main ways
4/⤵️
1⃣ Building a global community of play-to-earn gamers who play competitively to collect in-game rewards
Example:
- players in @AxieInfinity earning tokens from winning battles
5/⤵️
2⃣ Producing revenue through the rental or sale of YGG-owned NFT assets for a markup
Examples:
- the resale of land in @TheSandboxGame
- renting Axies to players as part of a profit-sharing model, known as a scholarship
6/⤵️
3⃣ Allowing the community to participate in the $YGG DAO by passing proposals and voting
Examples:
- technology
- products and projects
- token distribution
- governance structure
7/⤵️
4⃣Coordinating research and development for gamers in the DAO to arbitrage on yield generation by being competitive in metaverse-related games
8/⤵️
As technology allows more people to move more of
their lives online, an entire digital economy is developing inside these new virtual worlds.
The Metaverse Economy.
$YGG ’s business model builds real-world value from these fundamental metaverse economics.
Hoot Hoot 🦉
9/🛑
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DPI is a crypto index designed to track DeFi’s performance. Market cap-weighted based on circulating supply, DPI tracks projects in #DeFi that show a commitment to ongoing maintenance and development.