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...
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