Yield Guild Games is expanding its investment portfolio. The recent addition is the Solana based play-to-earn and move-to-earn game, Genopets. It includes the purchase of YGG customized Geneopets in-game assets. This announcement came via their Medium page.
Therefore, there are expectations for Yield Guild Games to launch scholarships in this game. Members of the YGG community that will like to partake in a potential scholarship should keep their ears on the ground. As the guild will most likely be offering a scholarship program soon.
Details of the Genopets in-Game Assets Purchase
YGG has purchased the Genopets native token (GENE) for use by the YGG community. Alongside the tokens, the guild is also purchasing custom branded Genopets habitats. Players can craft habitats using GENE or KI (the in-game fungible reward token). They can also buy habitat from the in-game marketplace. There are three levels, level 1 to 3. With a higher level, you can generate higher KI daily.
Speaking on this buy-in the head of partnership at YGG had the following to say:
“Genopets is a fascinating and innovative take on play-to-earn meets fitness. We will be purchasing Genopets Habitats specially branded for YGG that will allow for the YGG community to play, move, and earn.”
He also added that :
“The Genopets team has great experience in the crypto space and a deep understanding of the scholarship model, which can be seen from the design of the game and how Habitat delegation should allow for easy management of scholars.”
The CEO cofounder of Genopets Albert Chen was very positive about this partnership.
Here is what he had to say:
“The idea for Genopets was born from our prior work in digital health exploring ways to provide passive income to individuals as an incentive to stay physically active. Through the years, we remained steadfast in our vision for health-enabled passive income.”
He further stated that, “We have been very blessed by the play-to-earn narrative tailwind and are excited to have the support and experience of Yield Guild Games on our side as we revolutionize the intersection of gaming and NFTs.”
Genopets is a play-to-earn and move to earn NFT game on Solana. It combines the nurturing of Tamagotchi with the training and battling of Pokémon. It uses various asynchronous puzzle mini-games that are driven by your real-world activity. Players can groom in-game characters called the Genopet.
This increases their value over time. Players can gather XP points by partaking in various aspects of gameplay. These experience points can then be traded in the in-game marketplace.