Project Introduction

Play-to-earn gaming is one of the big trends around blockchain technology. As games release their own tokens and nonfungible tokens (NFTs), they are attracting both gamers and investors. This trend is developing further with the emergence of gaming guilds. These guilds have advantages for gamers, investors and the community, itself. There are several advantages to joining a guild.

Within the gaming niche, there are several guilds, of which Yield Guild Games (YGG) is but one. By March 2022, the crypto project already had more than 20,000 scholars.

Thanks to YGG, you can take full advantage of the developments around the play-to-earn trend, which is very interesting for many crypto enthusiasts. In this article, discover YGG and how you can benefit from its opportunities.

What does Yield Guild Games do?

Within a guild, there are several players who, together, form the community. These players regularly work together in their favorite hobby or investment, which is gaming. The guild operates worldwide and coordinates players to earn rewards in play-to-earn games. In addition, YGG also invests in NFTs, such as virtual land and other useful in-game attributes.

This brings together different types of players and investors to form a unique community. Here, decentralized finance (DeFi) is combined with NFTs, creating a metaverse-like economy on Ethereum’s blockchain. The project is decentralized and is governed by smart contracts, which is a feature of a decentralized autonomous organization (DAO).

YGG does not consist of one DAO; it has several SubDAOs. Each SubDAO has its own rules, which pertain to the activities and assets of the respective SubDAO.

Play-to-earn gaming guild

The gaming guild manages a large number of (play-to-earn) gaming-related NFTs and other digital assets, which members of the guild can use to increase income. Axie Infinity (AXS) is a well-known example of a game in which YGG has invested but there are other well-known examples, including:

• Illuvium (ILV)

• Splinterlands (SPS)

• The Sandbox (SAND)

• Star Atlas (ATLAS)

In the above games, as well as the numerous others, YGG is trying to achieve a number of things. For instance, the guild’s goal is to grow and deliver to millions of gamers worldwide. One way they want to do this is by investing in metaverse NFTs that have a high yield and making activities within the guild attractive to the community, so that both the community and the guild can grow.

Goal

YGG SEA goal is to introduce the play-to-earn model to as many gamers as possible in the region, with the ultimate goal of providing the advantages of blockchain technology to those who have the most need for it.

Mission

YGG’s mission is to assist the rest of the world in getting started with playing games and earning money, in contrast to the majority of Defi enterprises, which aim to collect billions of dollars in TVL from a very small number of wealthy people. While also making a contribution to the development of the new economy of the Metaverse.

Because of its affiliation with Yield Guild Games and its team of veterans from the gaming industry, YGG SEA is in a unique position to deliver the most enjoyable and engaging titles to the region while also assisting local gamers in benefiting from the play-to-earn game model.

In conclusion, this cooperation with YGG SEA is a widely awaited partnership that will expose our community to their unparalleled community, bringing significant value and potential with it. In addition, the benefits include a high degree of adaptability as well as a connection between players and developers which is an extremely important step in the process of constructing a robust and active community.

Having them on board not only ensures a higher degree of consistency but also the overall success of the project as a whole when compared to working without them.

About YGG SEA:

The first of Yield Guild Games’ subDAOs, YGG SEA is a decentralized autonomous organization that focuses on the acquisition and management of non-fungible tokens (NFTs) utilized in the metaverse.

Their goal is to establish a play-to-earn virtual economy in Southeast Asia that is both the largest and most sustainable of its kind. The Asia Blockchain Gaming Alliance counts YGG Southeast Asia as one of its founding members.

Website | Twitter

About Yield Guild Games:

Yield Guild Games, known as YGG, is a decentralized autonomous organization (DAO) that allows users to invest in non-fungible tokens (NFTs) that are played with in blockchain-based games and virtual worlds.

The goal of the organization is to build the most robust economy for a virtual world by maximizing the usefulness of community-owned assets, and then distributing the resulting earnings to those who possess the organization’s tokens.

Website | Twitter

About MetaShooter:

MetaShooter is the first decentralized blockchain-based hunting metaverse that joins millions of gaming enthusiasts in a community where they can experience realistic hunting and develop many activities with wide monetization opportunities.

MetaShooter enters the Metaverse gaming market by giving new ways of hunting and putting its players first. Players can create their own hunter and prepare to enter huge hunting industry:

Experience real hunting, play in tournaments, multiplayer with stunning visuals with VR compatibility.

Hunt & Earn, receive token rewards by hunting trophies, winning tournaments, and more.

Customize & Upgrade hunting equipment by making their hunter unique.

Develop, buy hunting lands, build towers, breed NFT dogs, and earn passive income.

Explore the open World, hunt anywhere they want, experience various environments, animals, stunning visuals and realistic dynamics.

Experience exciting, RNG technology powered gameplay with logical utilization of each NFT asset.

Website | Twitter

SOURCE

https://medium.com/@metashooter/metashooter-has-formed-a-partnership-with-ygg-sea-34fb8beb3a97

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https://github.com/slowmist/Knowledge-Base/blob/master/open-report-V2/smart-contract/SlowMist%20Audit%20Report%20-%20SubDao_en-us.pdf

SubDAO protocol should provide convenience for users to participate in Ventures DAO and at the same time, maximizes the security of users’ funds. The SlowMist audit team has comprehensively tested and analyzed the smart contract code of the SubDAO protocol from the aspects of code logic, business logic, attack vulnerability testing, contract complexity analysis, code commonality, and on-chain data security. Through this audit, the security of the SubDAO contract was significantly improved, paving the way for SubDAO mainnet deployment.

As of now, they have started the deployment and integration testing of the new version of the dApp update and expect to launch the public test version shortly.

The recent technical progress of SubDAO is as follows：

• Conducted integration testing work for the new version
• Added NFT acceptance list for NFT list query
• Conducted NFT transaction integration tests
• Added DAOVenture’s cycle transfer event, DAO added initial event
• Merged GP and LP subscription periods and retained the whitelist function for DAO fund subscription settings
• Add AAVE access operation
• Add handle and DAO basic information centralized storage service

About SlowMist Technology

​​SlowMist is a Blockchain security firm in 2018, providing services such as security audits, security consultants, red teaming, and more. SlowMist serves many major or high-profile projects around the world with “integrated security solutions from threat discovery to threat prevention” and has more than 800 commercial clients. The security solutions of SlowMist technology include: security audit, threat intelligence (BTI), vulnerability reward, defense deployment, security consultant. It is also equipping with SaaS security products such as cryptocurrency anti-money laundering (AML), false recharge vulnerability scanning.

Website | Twitter

About SubDAO

SubDAO is a multi-chain DAO protocol. It allows any decentralized organization to swiftly create and manage DAOs. They are serving as a Web3.0 entry by providing blockchain-based digital agreement signing, DAO social networking, asset management, and other tools and services.

The founding team of SubDAO is composing of the former Technical Team leader of the IBM Group and many early well-known developers from Polkadot. SubDAO has completed multi-million dollars financing from dozens of institutions. Including Hypersphere, Huobi Ventures, OKEx Blockdream Fund, as well as investment by Messari founder Ryan Selkis.

Website | Twitter

RESOURCES

https://subdao.medium.com/subdao-has-been-successfully-audited-by-slowmist-a6e14ded6650

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