Wednesday, February 19, 2025

Yield Guild Games Launches YGG Token on Base Blockchain, Enhancing Web3 Gaming Accessibility

Share

KEY TAKEAWAYS

  • Yield Guild Games (YGG) has launched its YGG token on the Base blockchain, enhancing accessibility and reducing costs for web3 gaming.
  • The partnership with Base, an Ethereum Layer 2 solution, aims to simplify blockchain game access and enable players to earn rewards.
  • Base is positioning itself as a hub for web3 gaming, supporting YGG’s vision of community-focused and rewards-driven gameplay.
  • YGG’s Guild Protocol and reputation system, enabled by soulbound tokens, aim to build sustainable and verifiable achievements for players.

Yield Guild Games (YGG) has launched its YGG token on the Base blockchain, marking a significant step in its mission to offer low-cost, secure, and accessible web3 gaming. This move is part of a partnership with Base, an Ethereum Layer 2 solution incubated by Coinbase, aimed at simplifying access to blockchain games, enabling players to earn rewards and build their reputations.

The collaboration between YGG and Base was first announced in August 2023, coinciding with Base’s public mainnet launch and the start of the Onchain Summer annual campaign. The launch of the YGG token on Base is the initial phase of a series of innovative projects planned by both teams. This initiative is expected to provide YGG players with low-fee transactions for future projects, aligning with YGG’s goal of making web3 gaming inclusive and frictionless.

Base’s infrastructure supports YGG’s vision of ensuring easy engagement for both new and experienced community members within the YGG ecosystem. Gabby Dizon, co-founder of YGG, stated, “With YGG on Base, we’re pushing web3 games closer to the community and making the experience rewarding for our members.” The YGG token, initially deployed on Ethereum in 2021, was also launched on Polygon in 2022 and Ronin in 2024.

To maintain accessibility for the web3 community, the YGG token is now available on Base, with a YGG/ETH liquidity pool on Aerodrome, Base’s native decentralized exchange (DEX). YGG holders can transfer their tokens between Ethereum and Base using the official Superchain Bridges, Superbridge, and Brid.gg.

Base as a Web3 Gaming Hub

Base is rapidly establishing itself as a hub for web3 gaming, hosting projects like Parallel, Iskra, Sapien, and Super Champs, with games such as AVALON set to launch in the coming months. YGG aims to leverage this partnership to bring more of its activities onchain, scaling its vision of community-focused and rewards-driven gameplay.

This collaboration supports a shared mission to make web3 accessible, secure, and community-centered, advancing the blockchain-powered future of gaming. Gabby Dizon emphasized that partnering with Base was about creating a foundation where every player can participate and grow their onchain identity. “We’re excited to see our community thrive in this next chapter while we continue to add new features and programs built on Base,” Dizon added.

As web3 gaming scales, YGG and Base are championing a new era where “onchain” replaces “online.” From the partnership’s inception, Base has provided the security and scalability required for gaming, reinforcing YGG’s commitment to sustainable and verifiable achievements. YGG’s Guild Advancement Program (GAP) and web3 reputation system, enabled by soulbound tokens, exemplify this shift, allowing players to build and earn lasting reputations with each quest they complete.

YGG’s Guild Protocol signifies the next major milestone for Base’s goal of bringing 1 billion users onchain. The full announcement can be read here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Shree Narayan Jha
Shree Narayan Jha
Shree Narayan Jha is a tech professional with extensive experience in blockchain technology. As a writer for CoinsHolder.com, Shree simplifies complex blockchain concepts, providing readers with clear and insightful content on the latest trends and developments in the industry.

Read more

Related Articles