Browsing: Yield

Yield Guild’s own sunset document retires the YGGPlay.fun site, Launchpad and questing platform by August 1, while GIGACHADBAT and Ragnarok Breaker continue under Delabs Games and Planetarium Labs. By:The Defiant Team· Edited byCamila Russo• NFTs & Web3

A 10% yield from a household-name media company sounds like a gift. But Nine Entertainment Co. Holdings Limited (ASX: NEC) illustrates why headline yields must be read carefully. Much of that yield comes from a single, extraordinary payment tied to selling an asset, not from ongoing profits.

Yield Guild Games blamed the events of 10/10, one of the largest crypto crashes ever, for the bear market that ultimately led to the sunset of this business unit. YGG reported that 35 people will be laid off and that it will not pivot to the AI data economy

Crypto gaming company Yield Guild Games says it has shut down its crypto game publishing arm, YGG Play, and will instead focus on feeding data to artificial intelligence

Yield Guild Games, a blockchain-based gaming organization, announced Monday that it is shutting down YGG Play, its publishing arm for crypto-infused casual games, citing the crypto market downturn alongside broader video game industry struggles

The pioneering web3 gaming guild is shutting down its year-old publishing arm after citing unsustainable commercial conditions