Owing to the rising popularity of crypto gaming and the play-to-earn (P2E) features, people have become more interested in what they offer. Individuals and organizations are actively purchasing in-game assets for popular play-to-earn (P2E) games such as Axie Infinity, The Sandbox, and many more.
Generally, play-to-earn games have minimum requirements that players must possess before they are allowed into the ecosystem to enjoy the gameplay and earn in the process.
In newer games, the requirements may be more affordable, and the gameplay may seem relatively easy to navigate. For their popular counterparts, the opposite may be the case. In these popular games, the gameplay may be difficult to navigate, and the requirements to access the games may be prohibitively expensive. The average crypto gamer may be unable to afford the minimum in-game assets, the skills to navigate the gaming environment, or even a community of like-minded individuals to create better opportunities. This is why crypto gaming guilds were formed.
A previous article describes what to expect from a blockchain gaming guild in greater detail. This article comprehensively explores the top crypto gaming guilds currently operating.
Let’s get started.
What is a Crypto Gaming Guild?
Crypto gaming guilds are “platforms that allow both new and experienced gamers to interact with one another. Usually, this type of gaming guild supports new gamers with scholarships, tutorials, and much more for multiple play-to-earn games. An example is Yield Guild Games (YGG). “
It is a community of gamers, investors, developers, and other participants interested in exploring crypto games, earning returns, developing play-to-earn games, tutoring members about the tricks to maximize the benefits of a game, and much more. Some gaming guilds have evolved past the stage of merely offering gaming assets to members to a phase where they support gaming development, marketing, and networking.
What Are The Top Blockchain Gaming Guilds?
New blockchain gaming guilds are founded quite regularly. Some may focus solely on gaming, while others may combine it with additional features such as entertainment services. Some are focused on a region, while others may be global. The majority of crypto gaming guilds share one common element: They are Decentralized Autonomous Organizations (DAOs).
This means that decisions are made by guild members either by holding the native token or the NFT. Usually, when they are DAOs, their operations are governed by smart contracts.
Below are some of the top crypto gaming guilds currently operational.
Yield Guild Games
When the term “blockchain gaming guild” is mentioned, Yield Guild Games (YGG) comes to mind. YGG. Yield Guild Games is an NFT gaming guild that operates as a DAO, allowing community members to make decisions. It has a diverse membership and engages in a variety of activities. The first group is made up of crypto gamers that are on scholarship. They are trained and given in-game assets to play several P2E games, and the profits are shared with the guild.
Some investors offer their assets to the guild in exchange for a return on their investment. Finally, scholarship managers ensure scholars are working cohesively.
The goal of YGG is to promote NFT gaming while also providing earning opportunities for guild members.
The guild’s native token, $YGG, is utilized to reward guild members as well as the governance mechanism. It is backed by assets held in the treasury of the YGG DAO.
IndiGG
IndiGG is one of YGG’s guilds dedicated to achieving specific objectives.
It was established to serve Indian gamers, investors, and other participants that are interested in the P2E gaming ecosystem.
IndiGG is powered by Yield Guild Games and Polygon and provides its Indian users with access to both popular and emerging cryptocurrency gaming platforms.
The goal is to promote the adoption of this type of game while also providing opportunities for its various categories of users to earn. This Indian gaming guild has invested in both new and existing P2E games as well as acquired certain existing guilds to improve its network and resources. IndiGG is striving to dominate the Indian market and establish itself as the face of community crypto gaming.
UniX Gaming
UniX Gaming is a Play-to-Earn (P2E) gaming guild with hundreds of thousands of members, as well as partnerships with some eSports teams.
As a UniX Gaming guild member, you have access to a vast array of resources such as training, scholarships, boot camps, and others that you may need to scale up in the NFT gaming space.
Spots in the scholarship program are highly competitive, as there are thousands of people vying for a position.
Those who make the cut get access to training as well as the in-game assets needed to play the games. The monetary rewards earned in the games are shared between UniX Gaming and the scholars.
UniX Gaming has also invested in different gaming ecosystems, such as The Sandbox and Axie Infinity.
This gaming guild’s assets and decisions are governed by its DAO, which is composed of guild members. Voting is carried out when a crucial decision must be made.
Aside from providing scholarships to gamers, it is also exploring Initial Game Offerings (IGOs), through which startups can raise funds to improve their features.
A project is vetted before it is accepted into the IGO, particularly in terms of team information and utility.
Community members can decide to invest in any gaming startup that is permitted on the launchpad. Apart from the aforementioned, gaming platforms benefit from a community of users who may join and become active on their platforms.
Merit Circle
Like its counterparts mentioned above, Merit Circle (MC) is both an NFT game ecosystem and a DAO. As a gaming guild, it provides its members with earning opportunities by providing scholarships and training to excel in P2E games.
It eliminates the obstacles that average NFT gamers face when attempting to advance or earn rewards by playing games.
Merit Circle has invested in multiple blockchain games, both new and popular ones. For instance, this guild purchased assets in Vulcan Forged and crafted its scholarship program around them.
This P2E game features VulcanVerse land plots and Vulcanite NFTs that are used to generate rewards. This is a multiplayer online role-playing game (MMORPG) that is designed to reward players that participate in various missions, tournaments, and other tasks in the ecosystem.
Liberty Gaming Guild
Liberty Gaming Guild (LGG) is an NFT gaming guild that hosts several new and popular crypto games.
LGG, like the other gaming guilds on our list, aims to make it simple for people to get involved in blockchain gaming. Typical crypto games require exorbitant in-game assets and advanced game knowledge. LGG is eliminating these barriers to the adoption of play-to-earn (P2E) games while also contributing to the ecosystem’s growth.
The Liberty Gaming Guild is different from the regular guilds. In LGG, members have access to education that tutors them on the means of earning returns in blockchain gaming. There are training courses designed to teach students how to navigate the various games as well as how to maximize profits. Scholarship managers are at the beck and call of guild members, especially gamers.
Typically, the training process is not restricted solely to blockchain gaming. A typical guild member can benefit from courses that teach crypto, blockchain, decentralized finance, centralized finance, and so on. There are even courses that teach how to make money in sectors other than blockchain.
Good Game Guild
Good Game Guild, like other gaming guilds on this list, also partakes in investments. Its investments are managed by Good Game Labs, which also serves as an incubator. If the DAO discovers an innovative crypto gaming platform in which to invest, its investment arm handles it.
GuildFi
GuildFi is a crypto gaming guild that is focused on creating a haven for the development and use of games and NFTs while acting as a unifying force for communities. Members of GuildFi have access to awesome games that they can explore and earn income from, as well as scholarships for those that do not meet the requirements. There are gaming tools available in the guild, as well as numerous ways to earn monetary rewards.
In Conclusion,
- Crypto Gaming Guilds are communities of like-minded individuals who seek to enhance and profit from the crypto gaming space.
- Typical crypto gaming guilds provide scholarships, training, incubators, and other such benefits to guild members.
- The majority of blockchain gaming guilds are Decentralized Autonomous Organizations (DAOs) governed by smart contracts.
- Some gaming guilds invest in crypto gaming platforms via private rounds or by purchasing the platforms’ in-game assets.
- Some crypto gaming guilds are regional in scope, while others may be global.
- Crypto startups can conduct Initial Game Offerings (IGOs) in some crypto gaming guilds, gaining access to funding, support, advisory needs, marketing, and a community of users.
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