Game on! Yield Guild Games glimpses into the future

The metaverse is the next big thing, and the next big bet for many tech companies. From Facebook’s Meta rebrand to Disney going digital, companies are investing heavily to build what they envision as the next chapter of internet evolution. But in the Philippines, the future is possibly already present.

Welcome to the metaverse In this play-to-earn virtual world, Yield Guild Games (YGG) brings gamers together, inviting them to participate in their new type of reality that uses non-fungible tokens (NFTs) to generate real cash flow

The company sits atop an evolved online juncture, one that sees NFTs, decentralised finance (DeFi), crypto and blockchain, all intersect

Under YGG’s “scholarship programme”, scholars - as the players are known - borrow assets that can be used to earn tokens within a game In the case of the popular blockchain game, Axie Infinity, YGG provides “Axies” upfront, so that the gaming community can get stuck in immediately  

Axies are the going currency in this digital domain ‘Bred’ through...

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