#yggplay $YGG

YGG is the native governance token for the Yield Guild Games decentralized autonomous organization (DAO). 

Here is a breakdown of what the YGG token is and how it functions:

What is Yield Guild Games? YGG is a play-to-earn (P2E) gaming guild [2]. It is essentially a large community of gamers who invest in NFT-based games (like Axie Infinity, Sandbox, and others) and lend in-game assets (NFTs) to players [1, 3].

Purpose of the YGG Token: The token grants holders the right to participate in the governance of the DAO [1, 2]. This means owners can vote on key decisions regarding the guild's operations, asset acquisitions, treasury management, and future direction [3].

Utility & Staking:

Governance: Token holders vote on proposals [2].

Staking: Users can stake their YGG tokens to earn rewards from guild activities and unlock exclusive benefits [3].

SubDAOs: The YGG ecosystem is broken down into various "SubDAOs" (Sub-Decentralized Autonomous Organizations) focused on specific games. The main YGG token ties all these sub-communities together [1].

Goal: The primary goal of YGG is to create a global network of players and investors that capitalizes on the economic opportunities presented by the emerging play-to-earn gaming industry, sharing the profits among its members [1, 3]. 

In short, owning YGG means you own a piece of a large, decentralized gaming investment fund and have a say in how it's run