YGG has reached a new all time high with a 67% price rise in its third day of existence.
YGG, along with other tokens, has seen a viral price rise as the NFT gaming craze shows no signs of abating. Yield Guild Games has risen 67% since its launch earlier in the week. It promises huge yields to early adopters.
To purchase YGG, click here to learn how and where you can buy Yield Guild Games tokens.
How and where can you buy YGG?
Many traders are looking for the best place where to buy YGG after it was launched last week. Below you’ll find two of the best cryptocurrency broker and exchange platforms available: all you need to do is sign up with one and make a deposit, and you can begin your crypto trading journey today.
Investors are attracted to decentralised exchanges (DEXs) by their attractiveness. However, we recommend that they be avoided whenever possible. These platforms are almost never regulated, which means that traders are completely unprotected in case of fraud, hacking, or scam.
eToro, one of the most popular multi-asset trading platforms in the world, offers some of the best commission and fee rates in this industry. Its social copy-trading features make it an ideal choice for people just starting out.
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BitPanda is an Austria-based Bitcoin broker. It has a large selection of payment options and good prices.
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What is Yield Guild Games, you ask?
Yield Guild Games is a very innovative project. At its core, YGG is a decentralised autonomous organisation (DAO)—a collective of individuals united together within a governance system. The DAO’s goal is to pool resources to generate yield from the blockchain-based in-game assets.
Axie Infinity (Blockchain game) and Decentraland both revolve around unique in-game items, which are stored as nonfungible tokens (NFTs). In some cases, these NFTs can command very high prices. Axie Infinity NFTs selling for upwards of $1 million. YGG’s plan is to buy assets like these using pooled funds, and then to rent out the assets or sell them on for a profit. By sharing their wealth, individuals with lower capital can profit from a lucrative market.
Do I need to buy YGG now?
YGG just launched. Tokens such as this tend to go either to zero or the moon. Given the initial interest in the token, its momentum and the real use case for the DAO, the likelihood of it happening is low.
Yield Guild Games may be the key to the future of gaming, as blockchain games are becoming increasingly important parts of the crypto- and NFT ecosystems. YGG is currently priced at $1.93. Early investors in YGG may be rewarded with enormous potential returns in future.