Yield Guild Games (YGG) has just completed its Series A funding round led by BITKRAFT, raising a total of $4 million. Even though the play-to-earn movement is still in its very early stages, in the past one year the company has played a major role in helping change the lives of people through NFT games.
YGG is introducing more people to the potential of play-to-earn every single day, with the guild now representing over 16,000 members (up from 2,500 in March). The money raised will be used to invest in more games and NFTs, and make them more accessible and rewarding, more quickly, for more people.
“Our primary goal is to scale play-to-earn to millions of players around the world,” stated Gabby Dizon, co-founder, YGG. Unlike the seed round which mainly took investment from cryptocurrency funds, Series A has welcomed a broader set of participants from leading investors around the world.
BITKRAFT, which is one of the world’s most respected gaming and esports firms, is eager to aid YGG’s vision and be a long-term partner in onboarding players to the metaverse and helping them earn an income via play-to-earn games.
YGG has already invested in and formed partnerships with a number of top blockchain games, including Axie Infinity, The Sandbox, F1 Delta Time, League of Kingdoms, Illuvium, Star Atlas, Ember Sword, and most recently, Guild of Guardians. By continuing to invest in the NFTs that underpin these games, YGG will continue to build value for the guild and provide exclusive access for its members.
Find out more about YGG & Play-To-Earn >> Here
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.