YGG Q1 2022 Community Update AMA
In this Community Update AMA held on the YGG Discord, Gabby and the YGG team provided updates from Q1 2022 and answered questions from the community.
Yield Guild Games (YGG) also shared highlights from the newly released Q1 2022 Community Update, including the guild’s latest game partnerships, newest asset acquisitions, updates on YGG’s esports team, new regional subDAOs, and the launch of the CyBall scholarship program.
The AMA was hosted by Leah Callon-Butler, director of advisory and investment firm Emfarsis, and the participating members from YGG’s core team including co-founder Gabby Dizon, Global Chief Operating Officer Colin Goltra, Head of Asset Acquisition Jeff Holmberg, Head of Finance Aurélie Konter, Acquisition Analyst Jingyu Xiang, Community Marketing Manager John Sedano, Head of Esports Mike Ovecka, and Portfolio Operations Manager Kazuo.
The following excerpt from the Community Update shares Gabby’s thoughts on other possible opportunities for the guild such as X-to-earn. YGG’s Head of Software Development, KnightAV, also gives an update on the Guild Advancement Program.
Listen to the full AMA here.
YGG AMA: Q1 2022 Community Update ft. Gabby Dizon, Beryl Li, Owl of Moistness, Colin Goltra, Jeff Holmberg, Aurélie Konter, Jingyu Xiang, John Sedano, Mike Ovecka, Kazuo
Leah (23:51): Gabby, maybe you could give us some background on the Guild Advancement Program (GAP) for anyone who might be unfamiliar with it?
Gabby (24:05): We launched Guild Advancement Program recently so we can find different ways of rewarding people who are helpful to the YGG community and network. It’s open to all community members. You have to have a YGG guild badge to get started, but there are many different ways that you can help the community. This is a program that we will be refining, automating and enlarging over time. We want people to be involved in the initial version, which runs for a few months, and give us feedback so that we can make it better. KnightAV is the one to mainly work on this project, so we would love to hear more details from him for the people who weren’t here when it originally launched.
KnightAV (24:53): Ever since YGG was conceived, we had people jumping in, helping, volunteering, creating content, and serving various functions. We also have a mission to admit our token to our members, to people who are our most ardent supporters that are donating the most time and talent to us. So the Guild Advancement Program is a way to recognize those large-scale contributions and ensure putting the tokens in the right hands over time.
The advancement part is coming. I don’t want to say too much about that today, but ultimately, there’s a progression path with YGG as you spend more time with us. We’ve actually hired a number of people from the community. People have moved up into more advanced roles with more responsibilities. And formalizing that process is a key priority for the next quarters. The GAP program is the cornerstone of recognizing those big-picture contributions and rewarding them.
Leah (26:12): How does this tie into YGG’s vision and broader goals for the guild?
KnightAV (26:19): If you look at how people relate to YGG, they come for the games and stay for the community. Over time, they build up that relationship with us, and we want to formalize that so you can stake your claim in the Metaverse in terms of who you are, what you’ve done in the past, that you are a trustworthy and talented individual. We want to give people a path to express those things in the Metaverse and get opportunities off of it.
Leah (30:50): Last year, we had an exciting partnership with Genopets. It was announced to introduce a move-to-earn game within the YGG portfolio. Earlier this month, YGG also announced a partnership with a learn-to-earn platform called Metacrafters.
Gabby, could you talk about the various opportunities and partnerships that YGG is working on? How do you see the guild evolving beyond just play-to-earn gaming?
Gabby (31:24): Expect us to be active in different kinds of “X-to-earn” DAOs, whether it's learn-to-earn, move-to-earn, create-to-earn, sing-to-earn, dance-to-earn, or walk-to-earn. There’s a lot of different things you can do to earn, and we want to be exploring all of these different concepts and see what we can empower that people can do and will give them the ability to earn tokens and own NFTs.
These opportunities are not necessarily related to video games, but they are different kinds of meaningful work that people can do that can give them asset ownership.
You can listen to the full discussion on Spotify.