Yield Guild Games Token (YGG)

$0.02163  -4.96%  24H

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  • Chinsanity Media Influencer B
     10.59K  @chinsanity
    Chinsanity Media Influencer B
     10.59K  @chinsanity

    Being a founder of a crypto project isn’t easy, especially in today's market. Here’s YGG Founder Gabby Dizon on the challenges of creating a sustainable crypto game. Gabby: "At the root of it all, finding a product that people want and they are willing to pay for in your niche." "It's hard to do that in crypto because when token prices go up, people don't care as much." Chinsanity: "Do you think crypto games have found the product market fit (PMF)?" Gabby: "I do think the original scaling of Axie Infinity was definitely an instance of PMF. But as we could see it didn't sustain long term, because it was still tied to the price of the token." "I still do believe that crypto gaming still has to evolve and find newer version of PMF. One that doesn't necessary evolve like token price going up, but we'll get there." @gabusch @YieldGuild

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    釋出後YGG走勢
     中性
    Crypto games still lack long-term PMF, short-term outlook unclear
  • Coin68 - Tin tức tiền điện tử mỗi ngày Media Influencer D
     63.86K  @coin68

    Yield Guild Games says it will withdraw from the Web3 game development strategy to allocate resources to the artificial intelligence (AI) field. Read more: https://t.co/sBOw51aWXs https://t.co/qFAjqlMH1v

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    YGG terminates Web3 game development and layoffs, pivots to AI.
  • The Crypto Times Media Influencer B
     10.72K  @CryptoTimes_io

    JUST IN: Yield Guild Games is shutting down its YGG Play Web3 game publishing unit, affecting 35 employees. The platform and its games will go offline on July 31, as YGG pivots back to its play-to-earn roots and shifts focus toward training gaming data for AI labs, CEO Gabby Dizon announced.

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    YGG shuts down its Web3 gaming division, affecting 35 people, shifting towards P2E and AI gaming data.
  • TokenPulse BTC / 《海外の仮想通貨ニュースを最速で毎日お届け！》 Media Educator D
     19.79K  @TokenPulseJP

    【Latest Update⚡】 Yield Guild Games shuts down YGG Play, laying off 35 staff. - Prolonged crypto market downturn and a harsh video game publishing market are the reasons. $YGG #Web3 #GameFi https://t.co/gRG5rAT9Xa

    Cointelegraph Media Influencer D
     2.94M  @Cointelegraph

    🚨 LATEST: Yield Guild Games shuts down YGG Play and lays off 35 staff, citing a prolonged crypto downturn and a “similarly brutal” video game publishing market. https://t.co/6qe3pnd37h

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    YGG Play shuts down due to market downturn and lays off 35 staff.
  • KenErik Community_Lead Researcher B
     2.25K  @kenerik
    Cointelegraph Media Influencer D
     2.94M  @Cointelegraph

    🚨 LATEST: Yield Guild Games shuts down YGG Play and lays off 35 staff, citing a prolonged crypto downturn and a “similarly brutal” video game publishing market. https://t.co/6qe3pnd37h

     83  38  55.61K
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     極度看跌
    YGG shuts down YGG Play division and lays off 35 staff due to crypto market downturn.
  • Cointelegraph Media Influencer D
     2.94M  @Cointelegraph

    🚨 LATEST: Yield Guild Games shuts down YGG Play and lays off 35 staff, citing a prolonged crypto downturn and a “similarly brutal” video game publishing market. https://t.co/6qe3pnd37h

     83  38  55.61K
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    釋出後YGG走勢
     極度看跌
    YGG shuts down YGG Play division and lays off 35 staff due to crypto market downturn.
  • JBond NFT_Expert Influencer B
     85.19K  @jbondwagon

    A probably lesser talked about fallout from the sunset of @YGG_Play is that more games are sunsetting from Abstract While YGG never mentioned about Abstract, I can’t help think that it may be a factor here All of the games published by YGG Play are in Abstract and with all the FUD and recent project departures in that chain, it’s not hard to see why YGG will also do the same This is a sad news indeed but kudos to @gabusch and team for knowing when and where to pivot I wish you and YGG all the best!

    Gabby Dizon | YGG D
     128.38K  @gabusch

    Sad news today - we are sunsetting our Web3 game publishing unit @YGG_Play, and 35 jobs will be affected as a result. We're committed to paying 8 additional weeks for our team to manage the transition and will help them find new roles. YGG Play games - @LOLLandGame @waifusweeper and the @YGG_Play platform will be available until July 31st, then will go offline. @GIGACHADBAT will return to @delabsOfficial and @RagnarokBreaker will continue on with @planetariumhq. Going forward, YGG will continue on with a small team and will go back to our roots with working with our game community to play games and train data to sell to AI Labs. A heartfelt thank you to our YGG Play team, community, partners and everyone that has made our journey together memorable. We'll continue on with our play-to-earn roots, but in a different form going forward. More details and full interview with Jon Jordan below.

     68  26  6.60K
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    YGG announced the shutdown of its Web3 game publishing division YGG Play, resulting in game closures and 35 positions being affected.
  • B R E Y Founder NFT_Expert B
     98.89K  @breyonchain

    These kinds of shutdowns are going to increase and scale way more. Especially on the gaming side, it’s impossible to establish a sustainable model; capturing users without an economy or handing out free money is literally impossible. Users in crypto are not real gamers. Sure, including myself, we all played games at some point and still do, but we play crypto games solely for the money. To fix this, either a massive, mainstream Web2 IP needs to successfully integrate into crypto (though most have failed), or it’s best if it just doesn’t happen at all. Gaming is a hobby. The moment you start making money from your hobby, it turns into a job, and the day you stop earning what you want, you lose the hobby too. Getting this balance right is impossible. A gamer is a gamer, they don’t care about the cash; they just do what they love and want to spend their time on. If it’s not working, there's no point in forcing it.

    Yield Guild Games D
     229.73K  @YieldGuild

    Today, we are sharing some difficult news with our community: after much consideration, we have made the decision to sunset @YGG_Play, YGG’s publishing arm. Our team set out to prove the Casual Degen gaming thesis, and they absolutely delivered. However, the realities of the broader macroeconomic climate mean that this unit is no longer commercially sustainable. This is a market decision, not a product decision. As part of this sunset, we are parting ways with some incredible talent. This team built the YGG Play Launchpad, collaborated with major IPs, and shipped exceptional products under immense pressure. We are incredibly proud of the value they created for the ecosystem. Our mission of providing opportunities through technology hasn't changed. Full details on the decision, how to get in touch with our incredible team and what’s coming next for YGG, in the article below.👇 🔗: https://t.co/PvJeQi5YKF

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     看跌
    YGG_Play shuts down due to commercial unsustainability, highlighting the challenges of crypto gaming models
  • 吴说区块链 Media Educator D
     177.62K  @wublockchain12

    According to The Defiant, Web3 gaming guild Yield Guild Games (YGG) will shut down its game publishing division YGG Play, affecting 35 positions. Co‑founder Gabby Dizon said the YGG Play platform and games such as LOL Land and Waifu Sweeper will operate until after July 31 before being taken offline. YGG stated that this adjustment is “driven by the market, not the product,” mainly due to macro‑environment factors. Going forward, YGG will return to a smaller team and community‑driven model, and will explore a new business of selling player‑generated training data to an AI lab. https://t.co/Fw0KBcvhfS

     0  0  3.14K
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    YGG shuts down YGG Play due to macro environment, lays off 35 staff, outlook dims
  • (Taco) Player1Taco.eth/.sol 🛡️ Building RePay Founder Dev B
     12.89K  @Player1Taco

    You know a bull is coming.... Shout-out to all the teams behind @YGG_Play and @gabusch, I know this wasn't a last minute choice. And I know you will still find a way.

    Yield Guild Games D
     229.73K  @YieldGuild

    Today, we are sharing some difficult news with our community: after much consideration, we have made the decision to sunset @YGG_Play, YGG’s publishing arm. Our team set out to prove the Casual Degen gaming thesis, and they absolutely delivered. However, the realities of the broader macroeconomic climate mean that this unit is no longer commercially sustainable. This is a market decision, not a product decision. As part of this sunset, we are parting ways with some incredible talent. This team built the YGG Play Launchpad, collaborated with major IPs, and shipped exceptional products under immense pressure. We are incredibly proud of the value they created for the ecosystem. Our mission of providing opportunities through technology hasn't changed. Full details on the decision, how to get in touch with our incredible team and what’s coming next for YGG, in the article below.👇 🔗: https://t.co/PvJeQi5YKF

     7  1  786
    閱讀原文 >
    釋出後YGG走勢
     極度看跌
    YGG announced the shutdown of its game publishing division YGG Play, citing an unsustainable commercial outlook due to the macroeconomic environment.