TL;DR
- Yield Guild Games (YGG) presented its Concept Paper, proposing a Guild Protocol to improve the organization and expansion of guilds in Web3.
- The Guild Advancement Program (GAP) experienced significant growth in Season 6, with a 28% increase in participants and a 121% rise in quest enrollments.
- YGG strengthened its presence at events like Korea Blockchain Week and TOKEN2049, while launching its Future of Work vertical, focused on the convergence of AI and Web3.
Yield Guild Games (YGG) made significant strides during the third quarter of 2024, solidifying its position in the Web3 ecosystem and the blockchain gaming industry.
The organization highlighted the publication of its Concept Paper, which outlines its vision for transforming guilds within Web3 through the implementation of a Guild Protocol that will facilitate deeper integration with on-chain services. This change aims to allow guilds to organize, self-govern, and expand more efficiently while exploring new opportunities within the blockchain ecosystem.
In parallel, YGG experienced meteoric growth in its Guild Advancement Program (GAP), particularly during Season 6, which saw a 28% increase in participants and a 121% rise in quest enrollments compared to the previous season. This program introduced Premium Quests, enabling more experienced players to take on more complex challenges. Additionally, in Season 7, YGG launched the Rewards Center, which shifted the reward claiming process to a daily format, incentivizing more active participation from users.
Yield Guild Games Forms Partnerships with Tech Companies
YGG’s presence at two of the most relevant events in the Web3 ecosystem in 2024, Korea Blockchain Week in Seoul and TOKEN2049 in Singapore, marked another significant milestone in its agenda. During these events, YGG had the opportunity to collaborate with its regional partner SKYGG and the Iskra platform and featured its co-founder Gabby Dizon in panels alongside industry leaders such as Vitalik Buterin, co-founder of Ethereum.
On the other hand, YGG introduced its new vertical, Future of Work, during TOKEN2049 week, focusing on the convergence of emerging technologies like artificial intelligence (AI) and Web3. This project aims to provide community members with learning opportunities and alternative income generation through partnerships with tech companies.
Finally, Yield Guild Games continued to expand its partner network in the third quarter of 2024, incorporating new titles into GAP and increasing its presence across various blockchain platforms. The organization also highlighted the growth of its user network, reflecting the ongoing interest in its ecosystem.
