Our first publication of this week we can talk about the currency YGG is the governance token of Yield Guild Games, a decentralized autonomous organization (DAO) focused on investing in non-fungible tokens (NFTs) and virtual assets within the growing ecosystem of blockchain-based games (GameFi). Its purpose:
DAO of video games: Yield Guild Games operates as a guild of players and investors who collaborate to accumulate and manage NFT assets, such as virtual land and game items, in various virtual worlds.
Play-to-earn model: The DAO facilitates opportunities for community members to participate in blockchain games and generate income, often through scholarships that lend the necessary NFTs to new players.
Governance: YGG token holders have the right to vote on important decisions regarding the DAO's operations, asset allocation, and future directions of the project.
So I invite you to seek more info about it and do your analysis to add it to your portfolios or just to have information about it
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