Yield Guild Games Raises Funding To Bring Gamers to the Metaverse
Summary
Players play the game and if they win battles, they earn a cryptocurrency called Small Love Potions or SLP, which is worth Php 4 at one point last week. “We look for games with promising economics, we do the upfront investment but players come in to help develop the land because without them, we don’t get the rewards, and they get a share,” Gabby said in an interview on Bloomcast. We really believe this will play a massive role in unlocking crypto adoption at a scale and we invested in YGG because their team has deep community roots and strong influence throughout the ecosystem,” Anil Lulla, co-founder and COO of Delphi Digital said in a press release. Beryl Li co-founded an asset token platform and part of the founding team at Coins.ph, a crypto exchange and a recognized brand in the Philippines. According to Linda Xie, Co-Founder of Scalar Capital, they invested in YGG because they believe the Guild will bring in a new wave of new people from all over the world to crypto through play-to-earn gaming.
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