Yield Guild Games Partnership with Kapital DAO
The largest play-to-earn gaming guild, Yield Guild Games, has announced a partnership with Kapital DAO, the industry’s top supplier of institutional web3 gaming asset management software.
With the goal of streamlining operations, enhancing security, and increasing community access to available games. Yield Guild Games announced a partnership with the Kapital DAO as its technology provider.
Kapital DAO Overview
The basic architecture of the Kapital DAO allows for seamless hierarchical delegation and administration of gaming assets inside of any game on any chain with no technical effort on the part of the games themselves.
Public use of the Kapital DAO’s technology underpins YGG’s Axie Infinity and Crypto Unicorns scholarship programs. YGG’s scholarship managers are already handing off assets effortlessly to YGG community managers and members. Making better decisions thanks to dashboards that are available on the app.
Along with advice and the purchase of Kapital DAO $KAP tokens, YGG will assist the team in co-developing the product. The introduction of an SDK by the Kapital DAO will allow web3 games and builders to simply integrate into the protocol, accelerating scalability even further. The Kapital DAO will collaborate with YGG to find interesting games that can be swiftly added to the protocol. These games will be better able to use the vast guild networks to increase player involvement while reducing operational friction.
Management Quote
“YGG, as the first major gaming guild in web3, set the stage for what institutionalized web3 gaming means,” said Sam Peurifoy, founder of the Kapital DAO, “and with the Kapital DAO’s technology in hand, the ability to deploy that level of institutional involvement into games at will with minimal technical lift will be an absolute gamechanger for the entire web3 gaming space.”
“YGG shares the core mission of the Kapital DAO to onboard the next billion players into web3 gaming. And sees this set of core infrastructure tools as a necessary component of the evolution of this space. We’ll be working closely with the Kapital DAO to ensure the product meets the needs of continuously evolving web3 gaming communities.” said Gabby Dizon, co-founder of YGG.
Kapital Dao Plans
The protocol is currently live with multiple major web3 games across different EVM-compatible networks, including Axie Infinity, among others. The Kapital DAO continues to list games inside of the protocol on a biweekly basis. And will be opening the protocol for public game listing contributions towards the end of the year with the release of their game SDK. Non-EVM networks will be live towards the end of 2022 and early 2023. With identical UX support to standardize the institutional experience.
The $KAP token, which is the medium of exchange for protocol services including in-app NFT assets placement promotions, faster game listings, and asset management transactions, will also soon be made available via the Kapital DAO. In addition, the DAO has the option to decide whether to utilize the $KAP token for community-oriented projects like liquidity staking, voting on joint ventures or acquisitions, and social benefits.
About Yield Guild Games
Yield Guild Games YGG is a play-to-earn gaming guild, bringing players together to earn via blockchain-based economies. We are the settlers of new worlds in the metaverse.
About Kapital Dao
Kapital Dao is the leading provider of institutional-scale web3 gaming asset management protocols. True decentralization & DAO privileges.
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