Yield Guild Games (YGG) is known for making a substantial investment in developing and expanding non-fungible tokens (NFTs) for transactions in games based on virtual reality and blockchains. In an official tweet, the company revealed its partnership with SushiSwap to launch its token known as YGG token, made available for the general users.
It is a remarkable event for YGG because it will allow the decentralization of its ownership structure, significantly increasing the return on investment for YGG.
Yield Guild Games is known for its continued belief that virtual economies hold the potential to surpass real-world economies in the long run. By combining NFTs and decentralized financing (DeFi) through token sales, YGG will strengthen its finances by practising yield farming or liquidity mining shortly. As the owner of the YGG tokens, players will also be able to participate in the company’s governance actively.
MISO, a new token launchpad platform known for its simple and user-friendly interface, will hold the sale. MISO has been developed and maintained by SushiSwap.
The actual sale event is scheduled to be held on Tuesday, July 27th 2021, at 10:00 AM EST for a maximum duration of 72 hours. However, the event will be closed earlier if all the available tokens are sold sooner.