Yield Guild Games (YGG), a decentralized gaming guild of players and investors who generate yield from NFT-based games, launched a new program called Sponsor-A-Scholarship to help onboard more new players into the world of play-to-earn games.
Flying Falcon, an anonymous crypto whale who earlier this year purchased nine Genesis land plots for 888.25 ETH in the game Axie Infinity, is the first to contribute to the program. He is sponsoring 50 new players to start playing and earning in Axie Infinity.
“The future is in the metaverse and the ones to cultivate it will be the players of NFT games. In building the digital nations of tomorrow, we must ensure that these virtual worlds are more inclusive than the ones we inhabit today. I am proud to be supporting these players to join us here in the new decentralized economy,” said Flying Falcon.
The play-to-earn movement helps players earn an income through playing NFT games. At the moment, there are more people applying for play-to-earn scholarships than there are in-game assets. The YGG Sponsor-A-Scholarship program is dedicated to donating funds to cover the cost of creating new in-game assets that will be leased directly to scholars.
Scholarships are profit-sharing programs and YGG works with existing player guilds around the world to provide an opportunity for new players to borrow a team of Axies, so they can get into the game without having to spend any money or take any risk. The only thing required is time spent in the game.
Read more about the scholarship program here.
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.