Trade YGG/USD

YGG purchases NFTs required to play blockchain games, like the Axie creatures needed to enter Axie Infinity, and lends them to players called scholars. Scholars play the game and earn in-game tokens, which they split with YGG and sometimes with a community manager who recruited and trained them. The typical split was roughly 70% to the scholar, 20% to YGG, and 10% to the manager. The arrangement let YGG earn yield on its NFT assets while giving players in lower-income countries access to games that required significant upfront investment to enter.

Axie Infinity’s SLP token collapsed by over 95% from its peak as an excess of new players created a supply glut of in-game currency, and the Ronin bridge hack in March 2022 further damaged confidence. For scholars earning SLP as their primary income, the collapse made the activity economically nonviable. YGG’s scholarship program for Axie effectively ended as scholars left. The guild’s response was to diversify its game portfolio beyond any single title and develop the sub-DAO structure to give regional chapters the flexibility to pursue different games based on local player engagement.

YGG transitioned from a single centralized guild to a network of sub-DAOs, independent entities that focus on specific regions or game categories. Each sub-DAO has its own treasury, scholarship operations, and governance, while remaining connected to the parent YGG DAO through shared token incentives. The structure reduces concentration risk from any single game declining and allows regional communities to make faster decisions about which games to focus on, since market conditions for play-to-earn vary significantly by country and language.

No. YGG/USD on StoicFX is a Contract for Difference. You trade YGG’s price against the US dollar without owning any tokens. To participate in YGG governance, stake in the Season Pass program, or join the guild as a scholar or manager, you would need actual YGG tokens.