Yield Guild Games is quickly becoming one of the most promising projects in the blockchain ecosystem. Due to its high decentralization and promising value proposition, a large number of blockchain analysts are convinced that YGG is a good investment to make.
But what is Yield Guild Games exactly, and what is the reason why the YGG price is likely to rise in the near future?
What Is Yield Guild Games?
Yield Guild Games (YGG) is a unique project focused on Non-Fungible Tokens (NFTs) and blockchain-based games. The goal of Yield Guild Games is to create a massive, decentralized, virtual economy in which all participants would be able to generate profit in a fun way.
On the technological level, Yield Guild Games is based on a decentralized autonomous organization (DAO) which operates by maximizing token-holder profit for all participants of the YGG ecosystem. The revenue for the members of the Yield Guild Games platform is generated through acquisitions of NFT assets related to various blockchain-based virtual worlds and video games.
Why Is YGG a Good Investment?
NFTs have been one of the hottest crypto trends in 2021, and blockchain-based video games are forecasted by many experts to be the most popular crypto trend of 2022. Since Yield Guild Games is focused on combining these two aspects of blockchain in a maximally profitable way, the YGG token can become a very valuable digital asset in the near future.
The unique thing about Yield Guild Games is that while most blockchain games are mostly marketed to the players, YGG is also designed to be profitable and attractive to investors who are solely interested in profit, and not in personally spending time in-game to acquire NFT assets by playing.
Because of that, YGG is a good investment for a large demographic of investors, and not just for dedicated gamers. In other words, Yield Guild Games is expected to grow at a faster rate than other NFT and gaming-related projects, because it is more interesting to a larger group of potential buyers.
Another reason why Yield Guild Games is a good investment is that the entire YGG ecosystem is built on the basis of a decentralized autonomous organization. The high level of decentralization protects YGG from market manipulation and assures a continuous rate of organic growth for the project in the foreseeable future.
Yield Guild Games Price Predictions
Most blockchain experts are very bullish about the future prospects of Yield Guild Games and agree that YGG is a good investment. Some of the blockchain-based gaming market specialists even believe that Yield Guild Games might soon become one of the most valuable NFT-related projects in the ecosystem.
For example, the popular blockchain investor Mohit Diwan thinks that YGG is a good investment to make right now because it is still very undervalued. According to Diwan, the main advantage of Yield Guild Games is the fact that it allows the investors to profit from the NFT market with almost zero risks:
#YGG is indeed the Meta-Index, just a matter of time (read:#Binance listing) to be a multi-bagger from current price. A key element of the #YGG model is that players are lent #NFTs with zero downside risk and w/out having to put down any upfront capital. https://t.co/dLfkSLhaDO
— Mohit Diwan (@mohit_diwan) September 6, 2021
The Ethereum ecosystem specialist DeFi Durian lists some more reasons why Yield Guild Games is a good investment for crypto enthusiasts looking to make gains with blockchain-based games. DeFi Durian mentions multi-dimensional growth potential and the scalable economy as two of the most important benefits of YGG:
🎖Multi-dimensional growth potential
🎖Economies of scale
🎖Downside risks minimal for a bet on gaming
🎖Locked tokens 2yrs by team.
Short-term price movements don't faze me as long as @gabusch & team continues to execute.
— DeFi Durian (DΞFi榴莲🦇🔊💰) (@durian_fi) September 6, 2021
It’s also worth noting that YGG is not just built on empty promises, but it has already started to prove its enormous potential. According to the statistics posted by the user Crypto Desi on Twitter, Yield Guild Games is currently one of the largest gaming-related digital currencies on the market:
— Crypto desi (@CRYPTODESI1) September 5, 2021
Altcoin analysts on Youtube are also very bullish about Yield Guild Games. The popular channel The Babylonians has posted a YGG review which states that Yield Guild Games is a good investment and that it might even become one of the best NFT-related projects in the blockchain ecosystem in the near future.
The renowned technical analyst CryptoGlobal100 has researched the YGG price chart and concluded that Yield Guild Games is likely to massively increase in value in the near future. According to CryptoGlobal100, the YGG price can soon reach $14 or more.
How to Buy the YGG Token?
YGG tokens can be acquired on centralized exchanges such as Huobi Global, Gate.io, KuCoin, and OKEx, as well as on decentralized exchanges such as Uniswap and Sushiswap. Yield Guild Games has not been listed on Binance and Coinbase yet, which is one of the reasons why the experts believe YGG is a good investment – when it gets listed on the largest exchanges, the price of Yield Guild Games will inevitably erupt.
Is YGG an ERC-20 Token?
YGG utilizes the ERC-20 (Ethereum) token standard. Because of that, you can store YGG tokens in any cryptocurrency wallet app which supports Ethereum tokens, and you can also trade it on ETH-based DEXs (decentralized exchanges) like Uniswap and Sushiswap.
Can You Stake YGG Tokens?
The Yield Guild Games decentralized autonomous organization has recently introduced staking functionality to the YGG token. YGG token holders can generate blockchain-based passive income by using their assets to generate valuable rewards, such as unique NFTs.
Is Yield Guild Games a Good Investment?
Yield Guild Games is a good investment because it has the potential of becoming one of the most profitable NFT-related projects on the market. The unique value proposition of YGG allows combining multiple revenue sources from different blockchain games and Non-Fungible Tokens collections, which is a reason to think that the YGG price will continue to grow.
Yield Guild Games is an extremely promising crypto project with very strong technologic fundamentals. Since it is focused on the rapidly growing market of Non Fungible Tokens, it has the potential to rapidly appreciate in value in a very short time. As the YGG token has not yet been listed either on Binance or on Coinbase, many experts and analysts consider it an undervalued hidden gem.
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