Yield Guild Game manages a treasure mine of game-related NFTs, digital assets, and virtual land parcels that members can use to extend their guild earnings. Other games within which Yield Guild is actively invested, additionally to Axie Infinity, are as follows:
YGG tokens are often acquired on centralized exchanges like Huobi Global, Gate.io, KuCoin, OKEx, and decentralized exchanges like Uniswap and Sushiswap. Yield Guild Games has not been listed on Binance and Coinbase yet, which explains why the experts believe YGG could be a good investment. When it gets listed on the most critical exchanges, the Value of Yield Guild Games will inevitably erupt.
However, The annual ROI of Decentraland compared to Yield Guild Game was about 16X. The Yield Guild Game ROI was better than Axie InfinityCoin and Theta Network more profit for the investors. Moreover, the number of wallets created for the YGG is about 11,766. The amount of transactions is 118,782 when inscribing this post.
Yield Guild Games is quickly becoming one of the foremost promising projects within the blockchain ecosystem. Because of its high decentralization and promising value proposition, many blockchain analysts are convinced that YGG could be an excellent investment to form.
Yield Guild Games (YGG) is a unique project focused on Non-Fungible Tokens (NFTs) and blockchain-based games. The goal of YGG is to make a significant, decentralized, virtual economy during which all participants would be ready to generate profit in a fun way.
On the technological level, Yield Guild Games is predicated on a decentralized autonomous organization (DAO) which operates by maximizing token-holder profit for all participants of the YGG ecosystem. The revenue for the Yield Guild Games platform members is generated through acquisitions of NFT assets associated with various blockchain-based virtual worlds and video games.
Yield Guild Games (YGG) works with an original business model. It generates real-world Value by supporting a digital economy and creating new virtual worlds, also referred to as the metaverse.
The main source of earnings for the DAO platform in YGG comes from the ownership of YGG-owned NFT assets. As a trading currency to attain in-game rewards, Guild members use these assets, either their own or rented.
In-game assets like virtual lands generate revenue through non-guild members, who rent said land for business actions.
The hype around NFT ownership is accurate because the quantity of in-game assets influences the Value of the NFT — the upper the worth of the digital asset, the upper the NFT will sell on the open market.
Yield Guild Games' popularity on Twitter saw exponential growth over the last five months. With a 465% increase, YGG’s Twitter followers reached 227% on November 18, 2021. Also, its Telegram channel users went up by 140% during the same period. Impressive!
Market cap is among the most critical financial factors to be considered. According to our data, YGG has a trading volume of $437,227,079. The market cap for it is $762,418,250 and ranks #160 in market cap rankings. However, YGG recently hit its all-time high price of $10.62 on Aug 27, 2021, with the all-time low being $0.964722 on Aug 10, 2021. At the time of writing this post, YGG's price range is around $7.67, a sharp jump in YGG’s market cap rank during the last five months led to its current rank of 158 among all cryptocurrency projects of the market. YGG’s market cap is reported to be $762,418,250 million when writing this post. YGG’s price is $8.18 when writing this post.
Talking about YGG's Return On Investment (ROI), although YGG’s (20% ROI) over the last month, Also Yield Guild Games underperformed in 'Metaverse, Collectibles, Play To Earn, Non-Fungible Tokens (NFT), Gaming' categories which had 2088% growth over the past year. It underperformed in the crypto market which had 34223% growth over the past year.
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