So, what is YGG in simple terms?
Imagine a huge, global club for gamers. But this isn't just any club it's a co-op or investment group for video games.
This club YGG buys valuable digital items inside new, blockchain-based games (often called Web3 or NFT games. These items can be things like unique swords, powerful land, or special characters.
How does it actually work for a player?
Let's break it down:
The Problem: Many of these new games require you to buy an expensive digital item an NFT just to start playing and earning. Not everyone can afford that.
YGG's Solution: The guild uses its money to buy these valuable in-game items. Then, it loans them out for free to players in its community who can't afford them.
You Get to Play: You get access to a cool, expensive game character or piece of land without spending hundreds of dollars upfront.
You Earn Together: When you play the game using YGG's asset, you earn digital currency or other valuable items. You then share what you earn with the guild. It's a win-win: you get to earn without a big investment, and the guild earns a return on the assets it owns.
A Simple Analogy:
Think of it like a farmer's co-op.
YGG is the co-op that buys a very expensive tractor.
You are a farmer who can't afford a tractor on your own.
The co-op lends you the tractor to harvest your crops.
You keep most of the money from selling the crops, but you give a small percentage back to the co-op for using their tractor.
Without the co-op, you couldn't farm that land. With it, you can earn a living.
Why is this a Real Economy?
YGG is turning gaming into a real economy because:
· Real People, Real Income: Players in developing countries are using YGG to earn a meaningful income by playing games, something that was rarely possible before.
· Ownership: Players aren't just renting; they are building skills and reputations and truly own the rewards they earn.
· A Global Network: It connects players from all over the world, creating a powerful community that supports each other and decides which games to invest in next.
