PANews reported on August 13 that Yield Guild Games (YGG) released a July update report, stating that its first self-developed game LOL Land has performed strongly since its launch in May, attracting over 631,000 monthly active users (MAU) and 69,000 daily active users (DAU), with an average player expenditure of $434. YGG also signed its first third-party publishing agreement, becoming the official publishing partner for the GLHF on-chain RPG game Gigaverse.
In addition, YGG completed a token buyback of 135 ETH (worth $518,000) on July 31, bringing its total treasury value to $38 million as of that date, with $7.7 million in stablecoins, government bonds, and large-cap tokens.
According to previous news, YGG established a game publishing department called YGG Play and launched its first blockchain game (LOL Land).