Gaming Guilds are also attracting alot of attention and significant investment along with major NFT and metaverse platforms
Places like the Philippines or Indonesia have weak currencies, so earning crypto or a USD equivalent does more than just ‘bank the unbanked. Crypto moves people from poor to prosperous, and some of these communities might be great investments for you too. Therefore, if you want to work playing the best Crypto Game Guilds, read this article until the end.
Yield Guild Games is the largest guilds we are covering today with a USD 650 million market cap. A guild is a group of people who play a game together and share in the profits and in-game assets they earn from winning battles or completing a quest successfully.
YGG operates as a DAO. They plan on bringing liquidity to P2E games and opening up more opportunities for young people to get started at lower costs than some of the entry points to some of these games.
Right now, there are more than 4,700 scholars in the Yield Guild. These scholars are either renting or doing a profit share to use the Guild’s assets. In return, they are getting to play a game they might not be able to afford and contribute to the growth of the Guild. The DAO earns 10% of the rental fees.
In August 2021, leading VC Andressen Horowitz led the round for a $4.6 million investment. Before that, they had raised $5.3 million from 2 games from investors like Delphi Digital, Blocktower Capital, and Animoca Brands. Here you can find all the investors of Yield Guild Games.
On the other hand, $YGG is the native token of the crypto game, which is an ERC-20 token that they use for governance. While the token is backed by the Guild assets, you don’t participate in the Guild’s cash flows with this token.
We like tokenomics because all private investors, advisors, and founders have lockup periods and vesting schedules. These policies protect against a huge dump of tokens into the market by a disgruntled investor or employee. For example, the founders have a 2-year lockup and a further 3-year vesting schedule for their tokens. The maximum supply is 1 billion tokens. Circulating supply is 87.9 million and a liquid market cap of $760 million based on a price of $8.50 per YGG.
Finally, the roadmap includes a move to a complete DAO where voting, dividends, or other distributions of Revenue that go to the DAO would go to the DAO token holders. But YGG is not there yet. But this is the plan.
Merit Circle is governed by a DAO, which provides governance and also is the more prominent’ holding company’ of all the subDAOs. The platform currently works with Axie Infinity, and coming soon are Star Atlas, Illuvium, and Hash Rush.
But, what is a SubDAO? Well, it’s common for guilds, and both Yield Guild and Merit Circle have this for a guild to isolate each game in their ecosystem with its subDAO. In other words, Axie Infinity has a subDAO that only holds Axie assets. Guild of Guardians has their own as well, as does The Sandbox. All of which reports to and assets flow up to the main DAO.
Large conglomerates operate this way, withholding companies owning separate business units. Guilds do this for security. If a hack happens in one of the games, then the assets of the other games are not affected. It’s a diversification technique. The DAO earns 20% of the rental fees on the DAO’s fees, including from the scholarship program. Merit has 1200 scholars under this program.
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Partners include Mechanism Capital and Digital Currency Group. Other partners include OP Crypto, Bitscale Capital, and Maven 11 Capital.
On the other hand, Merit Circle has a native token called $MC with a total supply of 1 billion tokens and a circulating supply of 42.5 million, giving it a market cap of $307 million at its current price of $7.21
They have two staking options: Single stake or in a Liquidity Pool (LP). The single stake is for the MC token, while the LP is an MC/ETH trading pair. The LP receives 80% of the liquidity mining rewards, while the single stake MC is the other 20%.
Good Games Guild has over 300 scholars in its program. One of the more exciting features is their investment arm and game incubator, Good Games Labs. GGG has a DAO for management and governance, and they earn 20% from the Revenue the Guild generates, including the scholarship program.
Good Games Guild has partnered with DopeWarz, Titan Hunter, The Monopolist, and Gamestation. Investors include Animoca Brands, AU 21 Capital, OKEx Blockdream Ventures, and 3 Basics Capital.
On the other hand, Good Games Guild has a native token called $GGG has a maximum supply of 100 million tokens. But they have an unknown circulating supply and current market value. The fully diluted market cap is $915 million based on a price of $7.46.
Finally, the roadmap has three phases:
UniX Gaming is our next Guild. They use a DAO and have 1200 scholars. UniX works with Axie Infinity, Splinterlands, and Star Atlas. Like the other guilds, each game has its subDAO to hold all in-game assets together from the same game. UniX offers a stake of its native token called $UNIX.
The DAO earns Revenue in a few ways, including:
Moreover, according to the roadmap, the launch of the NFT platform for p2p sales, the ‘Learn to Earn’ education program, and merch (clothing, hats, etc.).
Partners include AU21 Capital, Argo Blockchain, LD Capital, Scrypto, and about 15 or 20 more companies. New games on the horizon have Guild of Guardians, The Sandbox, My DeFi Pet, and Alien Worlds, and more.
On the other hand, Unix Gaming has a native ERC-20 token called $UNIX, the governance token for the DAO. Between community, liquidity, staking rewards, and treasury (which helps fund the DAO), ~52% of the tokens are available to the public.
$UNIX has a total supply of 1 billion tokens. Their circulating supply is a little over 32 million, giving them a market cap of $42.4 million based on a price of $1.33.
The first thing you should know about our final Guild for today, Astra Guild Ventures, is that they are having their public sale December 7th-16th. With its Launchpad, you can connect your Metamask wallet and go.
Astra has a DAO and over 2000 scholars on Axie Infinity. The DAO earns 20% of Revenue. One of the things that makes Astra different is its total transparency. They have their earnings dashboard right there on the front of their website, so anyone can see what the DAO is earning.
Also, you can see how many assets each team in the Guild has. Then, Certik performed the audit before the upcoming public sale. You can see to the dollar what the wallet balances are.
Investors include Crowdcreate, BIP 32, Dot Finance, Point3 Ventures, and 20 others. The DAO has investments in a Florida-based gaming studio and two games: Kart Racing League and Realm of Ethernity.
On the other hand, Astra Guild Ventures has its native token called $AGV. There will be 2 billion tokens total supply for $AGV, which governs the DAO. Between Treasury and Community, ~55% of the tokens will be available to the public. The founders and advisors have a two or 3-year lockup and 3-year vesting schedules to protect investors from dumping. Treasury has a vesting schedule too.
Finally, according to the roadmap, here are the following milestones:
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Yield Guild Games is proud to announce a $4.6M USD round led by @a16z. Read our full article here: yieldguild.medium.com/ygg-raises-4-6…
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