Exchange Yield Guild Games

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that focuses on building a global play-to-earn (P2E) gaming community. Launched in December 2020, Yield Guild Games was co-founded by Gabby Dizon, Beryl Li, and Owl of Moistness. The primary goal of the project is to connect players with NFTs and blockchain-based games, allowing them to earn cryptocurrency and digital assets by participating in these gaming economies.

Key features of Yield Guild Games:

• Built on the Ethereum blockchain as an ERC-20 token.
• Facilitates governance within the DAO, giving holders voting rights on game investments, asset management, and platform strategy.
• Offers staking opportunities for YGG token holders to earn rewards.
• Purchases and lends in-game assets (NFTs) like land, characters, and tools to players ("scholars") for play-to-earn rewards.
• Focuses on investing in high-potential blockchain games and NFTs across various platforms.

Yield Guild Games news and developments

Several major developments have driven the growth of Yield Guild Games:

1. January 2022: Expanded partnerships with popular blockchain games like The Sandbox and Axie Infinity, broadening asset availability for players.
2. March 2022: Launched YGG Vaults, allowing users to stake YGG tokens in specialized vaults and earn rewards from multiple game ecosystems.
3. July 2023: Rolled out the Governance 2.0 update, enhancing the proposal and voting system for YGG token holders.
4. September 2023: Formed a strategic partnership with Immutable X, which provided faster and cheaper NFT transactions within the ecosystem.
5. October 2023: Released the cross-chain bridge to allow the seamless transfer of YGG tokens between Ethereum, Binance Smart Chain (BSC), and Polygon networks.

YGG token overview

The YGG token is the native cryptocurrency of Yield Guild Games, serving several functions within the ecosystem, including:

• Governance: Allows YGG holders to vote on critical DAO decisions.
• Staking: Users can lock YGG tokens in vaults to earn rewards.
• In-game asset access: YGG tokens provide access to valuable NFTs and game-related assets.
• Rewards: Players earn rewards through play-to-earn games, leveraging YGG's network of scholars and assets.

With a total supply of 1 billion tokens, YGG is central to the guild's mission of creating decentralized gaming economies where users benefit from their participation and investments.

Average fees on the Yield Guild Games network

YGG token transactions on the Ethereum network are relatively affordable, considering the network's fees. The average gas fee for YGG token transfers is approximately 0.002 ETH, which translates to $3 to $4 USD, depending on market conditions. This cost applies to standard transactions, though fees for NFT and game-related activities are often lower due to Yield Guild Games' partnership with Immutable X, which offers cheaper gas-free NFT transactions.

YGG token wallets

To store YGG tokens, users can choose from a variety of secure wallet options:

1. MetaMask – A popular Ethereum wallet that allows easy access to the Yield Guild Games ecosystem and supports YGG tokens.
2. Trust Wallet – A multi-currency wallet with mobile-friendly access for managing YGG coins and other crypto assets.
3. Coinbase Wallet – Known for its secure interface, it supports ERC-20 tokens like YGG crypto.
4. Ledger Nano S/X – A hardware wallet providing the highest level of security for cold storage of YGG tokens.
5. MyEtherWallet (MEW) – A dedicated Ethereum wallet that supports all ERC-20 tokens, including YGG, with advanced features for users.

If you're interested in getting involved with Yield Guild Games or expanding your participation in its ecosystem, SwapSpace is an excellent platform to swap YGG tokens quickly and securely. The platform offers competitive rates, minimal hassle, and a user-friendly experience. Whether you're staking, playing, or investing, SwapSpace provides a simple and reliable way to make your YGG swap and dive into the exciting world of blockchain gaming with Yield Guild Games. Start your YGG exchange today and unlock the potential of play-to-earn gaming!