{"id":11812,"date":"2025-08-04T17:08:00","date_gmt":"2025-08-04T17:08:00","guid":{"rendered":"https:\/\/sunfirestudiosinc.com\/?p=11812"},"modified":"2025-08-04T19:59:39","modified_gmt":"2025-08-04T19:59:39","slug":"ygg-completes-518000-token-buyback-additionally-launches-7-5-million-ecosystem-pool","status":"publish","type":"post","link":"https:\/\/sunfirestudiosinc.com\/?p=11812","title":{"rendered":"YGG completes $518,000 token buyback, additionally launches $7.5 million ecosystem pool"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>With the value of its YGG token near an all-time-low, Yield Guild Video games is preventing again, demonstrating it nonetheless sees loads of alternatives for development. <\/p>\n<p>One latest success is its first \u201cinformal degen\u201d sport LOL Land, which has been producing a variety of income, partly due to its deployment on the Summary blockchain that means that gamers additionally earn XP for Summary\u2019s forthcoming token launch. <\/p>\n<p>Though the sport\u2019s lifetime income hasn\u2019t been disclosed, YGG claimed that the sport generated $176,000 on Sunday third August alone. <\/p>\n<p>Certainly, YGG has already been utilizing a few of its earnings, spending 135 ETH to purchase again $518,000-worth of its personal YGG token, once more on the Summary blockchain, though this hasn\u2019t but impacted the value .<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<\/figure>\n<p>\u201cThere was a variety of negativity in Web3 gaming these days. However we imagine it&#8217;s right here to remain, and we are not any stranger to the ups and downs of every cycle. We&#8217;re at  place proper now, and this buyback displays YGG\u2019s continued concentrate on long-term ecosystem growth,\u201d stated YGG co-founder Gabby Dizon. <\/p>\n<p>\u201cThere\u2019s much more coming for YGG in 2025 \u2014 from upcoming sport launches to enhanced platform options and expanded use of the YGG token inside the neighborhood.\u201d<\/p>\n<p>Along with the information that it\u2019s launching its publishing arm YGG Play, Yield Guild Video games has additionally arrange a brand new ecosystem pool with 50 million YGG tokens, value round $7.5 million.<\/p>\n<p>This will probably be managed by a brand new group, which is one in every of YGG\u2019s autonomous Onchain Guilds. <\/p>\n<p>Co-led by YGG company growth supervisor Serge-Raymond Nzabandora and head of company growth Andy Chou, its mission is to \u201cdiscover yield-generating methods\u201d by means of the lively administration of treasury property. <\/p>\n<p>To fulfil this mission, it may\u00a0help initiatives aligned with YGG\u2019s gaming footprint, together with informal degen video games, however its principal objective is to generate income within the crypto economic system, with its earnings getting used to help YGG\u2019s long-term mission. <\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.blockchaingamer.biz\/news\/39911\/ygg-518000-token-buyback-launches-7-5-million-ecosystem-pool\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the value of its YGG token near an all-time-low, Yield Guild Video games is preventing again, demonstrating it nonetheless sees loads of alternatives for development. One latest success is its first \u201cinformal degen\u201d sport LOL Land, which has been producing a variety of income, partly due to its deployment on the Summary blockchain that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_review":[],"enable_review":"","type":"","name":"","summary":"","brand":"","sku":"","good":[],"bad":[],"score_override":"","override_value":"","rating":[],"price":[],"jnews_override_counter":[],"footnotes":""},"categories":[94],"tags":[7054,5187,2140,333,1593,439,2581,3848],"class_list":["post-11812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-gaming","tag-buyback","tag-completes","tag-ecosystem","tag-launches","tag-million","tag-pool","tag-token","tag-ygg"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>YGG completes $518,000 token buyback, additionally launches $7.5 million ecosystem pool - SunFire Studios<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sunfirestudiosinc.com\/?p=11812\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"YGG completes $518,000 token buyback, additionally launches $7.5 million ecosystem pool - SunFire Studios\" \/>\n<meta property=\"og:description\" content=\"With the value of its YGG token near an all-time-low, Yield Guild Video games is preventing again, demonstrating it nonetheless sees loads of alternatives for development. 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