What is YGG coin? YGG coin issuance price, total amount and white paper introduction

The YGG coin, issued at $0.13 during its public sale, plays a vital role in the decentralized Yield Guild Games platform, offering incentives for gaming participation, governance privileges, and the expansion of the play-to-earn gaming industry.

Oct 24, 2024 at 09:47 am

Understanding YGG Coin: Issuance Price, Total Supply, and Whitepaper Insights

1. What is YGG Coin?

Yield Guild Games (YGG) coin is the native utility token of the Yield Guild Games (YGG) platform. YGG is a decentralized, player-owned gaming guild that invests in blockchain games and NFTs. The platform allows players to contribute their resources, share assets, and earn rewards together.

2. YGG Coin Issuance Price

The YGG coin was issued through a public sale on July 27, 2021, at a price of $0.13.

3. YGG Coin Total Supply

The total supply of YGG coins is capped at 1 billion.

4. YGG Coin Whitepaper Introduction

The YGG Whitepaper, entitled "Unleashing the Next Billion Gamers," outlines the platform's mission, vision, and roadmap. Key aspects of the whitepaper include:

Mission: To "make play-to-earn gaming accessible for all and facilitate pathways into the metaverse economy."

Vision: To create an "interconnected gaming ecosystem that provides the tools, partnerships, knowledgebase, and experiences to maximize playing potential."

Roadmap: The whitepaper outlines various planned initiatives, including expansions into diverse gaming genres, partnerships with leading games, and the development of educational resources.

Additional Details

• Current Price: $0.75 (as of June 20, 2023)
• Market Capitalization: $750 million
• Number of Holders: Over 100,000
• YGG Token Utility: Staking, governance, gaming rewards, and community participation.

YGG Coin aims to incentivize participation in the YGG platform, provide governance rights to holders, and facilitate the growth of the play-to-earn gaming ecosystem.