Crypto Gaming Guilds: The NEXT BEST GameFi Play?!
Time for a new video!
And today I have a rather special one for you...
We all know that NFTs, GameFi and the Metaverse have been on an absolute tear over the last few months, but a sector within the crypto gaming vertical that is becoming increasingly appealing to me is the one revolving around Blockchain Gaming Guilds.
This is a concept that was borrowed from the traditional gaming space. Essentially, back in the 90s, with the development of the first online games, players were able to team up in ‘guilds’ or ‘clans’ to achieve certain objectives, called ‘quests’, and share in the spoils of victory, commonly referred to as ‘loot’.
Since then, online gaming has changed drastically and, with blockchain technology and NFTs progressively making their debut in the traditional gaming sector, what we are starting to witness is a true paradigm shift towards the benefits offered by yield-generating GameFi protocols.
Similar to the more traditional gaming guilds, blockchain guilds are an alliance that is formed around a shared interest, such as playing, progressing in and monetising blockchain-based games.
At present, guilds are starting to create their very own asset class, with protocols such as YGG and Merit Circle, as well as a few others, spearheading the revolution.
So, in the video today, I am going to give you everything you need to know about gaming guilds, tell you about their history, their primary features and how they came about in the first place.
So, strap in and let’s jump into the world of blockchain guilds.
P.S. I hope you enjoy Guy's gaming history class 👨🏼🏫
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⛓️ 🔗 Useful Links 🔗 ⛓️
Yield Guild Games: https://yieldguild.io
Introduction To YGG: https://deals.coinbureau.com/review/yie...
Merit Circle: https://meritcircle.io
VCs Betting Big On Gaming Guilds: https://www.coindesk.com/markets/2021...
What Is Play-To-Earn: https://www.coindesk.com/learn/gamefi...
The Future Of Crypto Gaming: https://www.coindesk.com/policy/2021/...
Top 5 Gaming Guilds: https://www.altcoinbuzz.io/top-articl...
Crypto Gaming Guilds Overview: https://hackernoon.com/an-overview-of...
YGG Treasury Asset Report: https://medium.com/yield-guild-games/...
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.