GameFi , in contemporary times, has been riding high. With in-game rewards incentivizing players and enabling many to meet living expenses, a new model had been born.
Much like their traditional counterparts, GameFi guilds are an organized group of gamers that often work together in-game to complete missions. Though, whereas traditional guilds solely served as a community, GameFi guilds connect in-game asset owners with P2E gamers. Revenues are shared among members, with players taking the majority of profits.
In this article, we have reviewed and brought to you the top 7 guilds in the Gamefi space in 2022. Yield Guild Games
Yield Guild Games ( YGG ) is unarguably the largest guild with a $260,112,409 market cap at press time. The guild was founded in 2020 by Gabby Dixon, who is a veteran gamer and Axie Infinity player.
YGG operates as a Decentralized Autonomous Organization ( DAO ). As the pioneer of crypto gaming guilds, YGG has adopted the name “Guild of Guilds” as it comprises almost all of the other popular gaming guilds in the space. YGG has raised a total of $28.4M in funding over 5 rounds as of Jan 2022. Some of their big name investors include Animoca Brands and BlockTower Capital . $YGG is the native token of Yield Guild Games which is backed by the guild’s assets, it is an ERC-20 token they use for governance. Unix
UniX started as a simple gaming guild but is already becoming one of the biggest hubs in the P2E gaming space. UniX Gaming’s guild sets out to identify the most promising video games players and equip them with everything they need to succeed in the highly competitive world of NFT gaming. Not only does it provide training and educational content. The best players are offered full scholarships, enabling them to borrow the NFTs required to access the best known P2E games and start winning real-life rewards that they share with the guild.
UniX has already expanded in numerous ways. Earlier this year it launched an official Launchpad , providing developers of P2E games a way to secure funding, in return for early access for its members. UniX has also partnered with The Sandbox , one of the world’s leading metaverse platforms, buying up virtual real estate that it intends to develop and just last week it embarked on an ecosystem expansion with the launch of its official video game development studio. The newly launched UniX Gaming Studios is already working on bringing the guild’s first ever play-to-earn video game to life. $UNIX is the UniX’s governance token for the Decentralized Autonomous Organization (DAO) and allows holders of the token to have a say in UniX’s future. Through UniX’s token ecosystem, players get in-game rewards for their skills and online activity. Merit Circle
Merit Circle is governed by a DAO. Their most prominent partnership is with Axie Infinity, although there are plans to work with Illuvium , Hash Rush , and Star Atlas . The project launched in November 2021, but it has been in development since July 2021. It already has a massive community despite its young age, with around 97k followers on Twitter.
Merit Circle currently has over 2,700 scholars; they keep 30% of the profit from everything the gamers earn using the in-game assets they lend out, while the gamers can keep the 70%. Merit Circle has raised $4.5M from investors in the seed round in Oct 2021. Some of the investors include DeFiance Capital , Mechanism Capital , and Spartan Group , to name a few. $MC is the native token of Merit Circle with a total supply of 1 billion tokens. Good Game Guild
Good Games Guild is a relatively new gaming guild. It recently has over 300 scholars and around 119k followers on Twitter. Good Games Labs acts as their investment arm and game incubator. Good Games Guild has a DAO for management and governance, and they earn 20% of all the revenue generated from the guild. Good Games Guild closed its Seed fundraising round in Oct 2021 collecting $1.7 million from a list of notable investors, including Animoca Brands , Illuvium, OKEx Blockdream Ventures , to name a few. Good Games Guild has $GGG as its native token, with a maximum supply of 100 million tokens. However, they have an unknown circulating supply and current market value. The current market cap of $GGG is sitting at $1.9M. Liberty Gaming Guild
Liberty Gaming Guild ( LGG ) was launched in November 2021, […]
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