Hello! GameFi is not just about games and tokens; it's also about a powerful community. Gaming guilds have become one of the most important parts of this ecosystem. But what are they and why wouldn't GameFi be what we know without them?
What is a gaming guild?
In simple terms, it's an organization that owns gaming assets (NFTs) and rents them out to players who cannot afford to buy them. In return, players share a portion of their earnings from the game with the guild.
How have guilds changed GameFi?
Lowered the entry threshold: Many NFTs for games cost hundreds or even thousands of dollars. Guilds have made 'Play-to-Earn' accessible to millions by providing assets for free.
Created a community: Guilds bring players together, providing them with training and support. This creates strong, loyal communities.
Stimulated growth: Guilds provide games with a stable and motivated audience, which in turn attracts more developers and investors.
Example: Yield Guild Games ($YGG) is one of the largest guilds that invests in NFT games and creates a global gaming community.
Conclusion: Gaming guilds are not just financial intermediaries; they are a growth engine for GameFi. They combine capital and labor, creating a unique economy.
What do you think about gaming guilds? Have you ever been a part of one? Share your thoughts 👇
