YGG Community Roundup - August 2021
A recap of our biggest achievements and most exciting announcements in August 2021.
YGG continued its growth trajectory through August! We hosted our first community tournament the “YGG Open” with roughly USD $35,000 in prizes. We also released a full asset and treasury report, and hosted many AMAs, as well as interviews with YGG founders, and more. Here’s a recap of what we achieved in August 2021.
YGG Asset and Treasury Report
Have you ever wondered what games YGG is invested in? Or maybe, you’d like to understand the economics behind YGG’s scholarship programs? Last month, YGG released a full report with a detailed breakdown of assets within the treasury wallets.
The report reveals Yield Guild’s record growth in the number of new scholars onboarded and resulting SLP earned, demonstrating how the YGG DAO is profitable while remaining focused on delivering meaningful social impact. This level of openness and transparency is what we will always strive to have with our community.
Full article here → YGG Treasury Report Medium Article
The YGG open was an Axie Infinity team event consisting of 64 teams (three players per team). Over $35,000 in prizes were up for grabs!
YGG also invited one main team from each major esports organization. We determined these teams were qualified to compete based on their performances in past tournaments.
@AxieGg @Crit_Theory @Lev0x_eSports @YieldGuild @EmpeGamers @Cryptobucks @AzarianTV @realdealguild
Big thanks to @AxieInfinity for putting up the prize pool and helping bring together competitive organizations across the world to play the world’s #1 NFT game.
If you’re interested to learn more about the play by play, check out this Twitter Thread → YGG Open
To date, YGG scholars have now earned over 50M Smooth Love Potions (SLP)!
- Over 4,500 scholars
- Earning over 1 million SLP daily
- All SLP revenue by YGG is currently reinvested into breeding more Axies to facilitate onboarding of more scholarship teams.
We have a great article to help you understand the decentralized digital economy that underpins all Yield Guild’s activities. Mainly highlighting how Axie scholarships are structured, how they work, and how they fit into YGG’s model.
More on YGG’s scholarship program → Yield Guild Explains: Play-to-Earn and Scholarships
YGG’s partnership with The Sandbox community is up and running! A bunch of YGG members will get beta access to the Sandbox’s first multiplayer test.
If you missed our AMA with The Sandbox AMA, it’s up on YouTube!
Watch on demand → YGG Sandbox AMA
League of Kingdoms
YGGLOK has continued to grow! YGG0 is at full capacity with 100/100 members and is now the fourth strongest guild in LoK continent 1. YGG1 is also almost full and currently ranked sixth.
Want to learn how to play League of Kingdoms or Splinterlands? Come and join us every week while we hang out and get deeper into these games! See you on our official Discord channel!
Join Discord here → http://Discord.gg/YGG
On August 21, a total 42 community members fought for YGG’s first-ever Splinterlands bronze community tournament. Thanks to our very own Knight.av for hosting!
Last month, we averaged an AMA a week in YGG Discord, welcoming an awesome crew of special guests. If you missed any of our AMAs, you can always catch up on the recordings at our YouTube channel.
Articles about YGG
With record-breaking growth comes a lot of news about YGG. Last month, we shared that crypto exchange FTX had sponsored 137 new players through YGG’s Sponsor-A-Scholar program, and also, we announced another funding round for YGG led by the world’s biggest crypto fund, a16z.
There's too many articles about YGG to go through here, so please see YGG’s Media Roundup for an overview of all our most noteworthy media coverage in August.
Some additional article links below:
Interviews With Founders
YGG’s Founders Gabby Dizon and Beryl Li continue to make the rounds with interviews from some of the biggest names in the industry. Want to hear what our founders have to say about YGG? Read or listen to the links below.
The Defiant News, talks to Gabby (podcast)
HumanGuild interview with Gabby (podcast)
In August, we saw tons of new YGG token listings, as well as new partners and investors coming onboard. In particular, a16z’s investment marked a huge achievement, with yet another large VC firm taking interest in YGG and backing our community.
Community and Charity
YGG’s very own AxU.Spraky (YGG scholarship manager) is doing an amazing job highlighting our scholars doing amazing things! For example, one of Spraky’s scholars, Macky, not only built a house with his SLP earnings, he also donated much-needed food to a local orphanage in Nueva Ecija. You may remember Macky as a trike driver and featured scholar in the @playtoearn_ documentary.
This success story goes to show how YGG scholars aren’t just making their own lives better through play-to-earn, they’re also sharing their success with their community. This is exactly what YGG is all about!
New YGG Advisors
Yield Guild Games is proud to welcome an additional round of advisors to the YGG DAO. The article linked below is a brief introduction to YGG’s latest round of advisors: Li Jin, Anirudh Pai, Julien Bouteloup, Gabriel Leydon, and Christy Choi. These are five industry-leading experts that will help guide YGG.
Through NFT games, YGG is reducing barriers to economic opportunity, so that anyone from anywhere around the world can have equal access. One day hopefully permanently divorcing physical location from economic opportunity in order to provide more people with better ways to make a living.