Bittime - The YGG token, which launches on Thursday, March 21, 2024, is designed to strengthen the Ronin ecosystem by attracting more players and games. As part of this initiative, YGG tokens will be distributed via airdrop to RON-staked wallets on YGG validators, facilitating closer engagement between the Ronin network and the YGG platform.
The partnership between YGG and Sky Mavis has been long standing, and the introduction of the YGG token to Ronin is an important milestone in advancing the Web3 gaming ecosystem. Jeff "Jihoz" Zirlin, co-founder and chief growth officer at Sky Mavis, expressed enthusiasm for this development, emphasizing that YGG and Ronin have a strong intrinsic connection.
Ronin Blockchain Experiences Growth
The Ronin network alone has experienced significant growth, with 22 validators including YGG, Google, Nansen, and Animoca Brands. With over 100,000 delegators and total staking exceeding 187 million RON tokens, Ronin has become one of the premier networks in the Web3 gaming industry.
YGG's gaming partner, Pixels, has recorded a significant increase in the number of daily active users (DAUs) after migrating to Ronin, with numbers surpassing 130,000 DAUs and subsequently reaching 500,000 DAUs as well as one million monthly active users (MAUs). This shows the growing influence of this platform and the success of games within the Ronin ecosystem, including Apeiron and Wild Forest.
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YGG Airdrop for Stakers
Users who stake RON tokens through YGG validators before March 11, 2024 will receive YGG tokens via airdrop. The number of tokens distributed will be determined by the duration and number of RON staked, with the added bonus of long-term stakers.
YGG tokens will also be listed on Katana, Ronin's native decentralized exchange, allowing liquidity pairing with other ecosystem tokens. Holding YGG tokens gives access to exclusive benefits, including token-based quizzes and potential airdrops, further increasing engagement and participation in the Ronin community.
Earlier in March, YGG had entered into a partnership with LongHash Ventures, a well-known Web3 investment firm and accelerator. The partnership strengthens YGG's position as a guild of guilds innovating systems for web3 gamers, helping them connect and discover new games together. YGG has been key in helping onboard and retain thousands of new players in games like Axie Infinity: Origins and Pixels.
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How to Buy Guild Games (YGG) Yield on Bittime
You can buy and sell Yield Guild Games (YGG) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Yield Guild Games (YGG) is available on Bittime with market pair YGG/IDR. To be able to buy YGG IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Yield Guild Games (YGG) on Bittime.
Monitor the price chart movements of Yield Guild Games (YGG), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What is Yield Guild Games (YGG)?
What is Yield Guild Games? The World's First and Largest Web3 Gaming DAO
What is Ronin (RON)? Get to know 5 projects in the Ronin ecosystem
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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