What is the issuance volume of YGG coin? One article introduces the application scenarios of YGG coin

YGG Coin's widespread utility in the Yield Guild Games ecosystem encompasses NFT marketplace purchases, yield farming, governance, virtual land acquisition, and play-to-earn game earnings.

Oct 28, 2024 at 09:01 am

The Issuance Volume of YGG Coin and Its Application Scenarios

1. Issuance Volume of YGG Coin

Yield Guild Games (YGG) has issued a total of 1 billion YGG tokens. The token distribution is as follows:

Team: 15%
Advisors: 5%
Investors: 50%
Ecosystem: 30%

2. Application Scenarios of YGG Coin

YGG coin is used in various applications within the Yield Guild Games ecosystem, including:

NFT Marketplace: YGG tokens are used to purchase and sell NFTs in the YGG Marketplace.
Yield Farming: YGG tokens can be staked in liquidity pools to earn rewards in the form of additional YGG tokens or other cryptocurrencies.
Governance: YGG coin holders can participate in the governance of the YGG DAO, which makes decisions on the future direction and development of the project.
Virtual Land Acquisition: YGG tokens can be used to purchase virtual land in the YGGverse, a virtual world that is being developed by Yield Guild Games.
Play-to-Earn Games: YGG tokens can be earned by playing games within the YGG ecosystem, such as Axie Infinity and The Sandbox.

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