{"id":452283,"date":"2022-05-24T16:00:00","date_gmt":"2022-05-24T13:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/game-on-yield-guild-games-scholarships-on-the-rise-through-q1\/"},"modified":"2022-05-24T16:00:00","modified_gmt":"2022-05-24T13:00:00","slug":"game-on-yield-guild-games-scholarships-on-the-rise-through-q1","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/game-on-yield-guild-games-scholarships-on-the-rise-through-q1\/","title":{"rendered":"# Game on: Yield Guild Games scholarships on the rise through Q1"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3e56137db02\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3e56137db02\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/game-on-yield-guild-games-scholarships-on-the-rise-through-q1\/#%E2%80%9D_Game_on_Yield_Guild_Games_scholarships_on_the_rise_through_Q1_%E2%80%9C\" >&#8221; Game on: Yield Guild Games scholarships on the rise through Q1 &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Game_on_Yield_Guild_Games_scholarships_on_the_rise_through_Q1_%E2%80%9C\"><\/span>&#8221; Game on: Yield Guild Games scholarships on the rise through Q1 &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Yield Guild <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">Game<\/a>s (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token.<\/p>\n<p>The Community Report <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/storage.googleapis.com\/external_communication\/YGG-2022Q1-CommunityUpdate.pdf\">shows<\/a> that the month-on-month growth of scholarships in YGG has been strong despite a downturn in the market. January saw 50.13% growth, February saw a 28.8% increase, while March had 41.93% growth fueled by new partnerships and the rollout of SubDAOs. By the end of March, the guild had 29,458 scholarships, mostly from Axie Infinity.<\/p>\n<p>SubDAOs are decentralized autonomous organizations (DAO) specialized for particular geographic regions. There are currently three SubDAOs in Southeast Asia, India, and Latin America.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-05\/14389528-bd5c-4c84-92b1-45724bbdb2ba.PNG\"><figcaption style=\"text-align: center;\">The number of scholarships at YGG increased every month in Q1.<\/figcaption><\/figure>\n<p>YGG is a gaming guild that pools together gamers from across the play-to-earn (P2E) space in order to generate revenue for the community and teach newcomers how to be successful through a scholarship program. The guild generates revenue from staked YGG tokens and scholarships. Nonfungible token (NFT) game Axie Infinity accounts for the majority of scholarships across all of YGG\u2019s 12 partner games.<\/p>\n<p>To date, the guild has farmed 195 million SLP worth about $1.1 million at the time of writing, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/smooth-love-potion\">according<\/a> to CoinGecko. SLP is a token used to breed Axies, which is one of the major activities for scholars. The report states that with 25.86 million SLP farmed, February was the most profitable month since it began last April.<\/p>\n<p>Prices across the crypto markets have been down through 2022, as <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/global_charts\">illustrated<\/a> by the 44% drop in market cap since Jan. 1. However, blockchain gamers have not put down their controllers. Data from decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication\u00a0(DApp) tracker DappRadar shows that user numbers have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dappradar.com\/topic\/games\">remained<\/a> fairly stable at about 1.1 million daily gamers since the beginning of the year.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Web3, NFTs, Metaverse: The tools for a truly decentralized future<\/em><\/strong><\/p>\n<p>Yield Guild Games spent $2.5 million on new partnerships through Q1. 63% of those funds went to P2E game partnerships, while 23% went to guild partnerships. The remaining 14% went to infrastructure and platform support to expand the P2E ecosystem.<\/p>\n<p>The future of NFT gaming looks promising based on the growth rate of YGG and the amount of funding going toward new game development. Since April 25, nearly $400 million has gone to fund early-stage NFT games, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/airtable.com\/shrC25XXUcsShs6f1\/tbllShMbhc5jooPRb\">according<\/a> to data from investment tracker Airtable.<\/p>\n<p>YGG is the native token for Yield Guild Games. It is down 12.3% over the past 24 hours and trading at $0.72,\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/yield-guild-games\">according<\/a> to CoinGecko. Additionally, YGG is down 93.6% from its Nov. 20 all-time high.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"nifty_newsletter\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/game-on-yield-guild-games-scholarships-on-the-rise-through-q1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Game on: Yield Guild Games scholarships on the rise through Q1 &#8220; Yield Guild Games (YGG) has released its Community Update for Q1 2022, revealing that total scholarships rose 39% overall as the guild continues to farm copious amounts of the Axie breeding Smooth Love Potion (SLP) token. The Community Report shows that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":452284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNGUyOTIyNmUtMTk2NS00ZWE5LWJkNWEtNTI5NWU4MGVkYTQ4LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,91083,95118,96434,10751],"class_list":["post-452283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-blockchain-game","tag-nft","tag-axie-infinity","tag-gaming"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/452283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=452283"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/452283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/452284"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=452283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=452283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=452283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}