Yield Guild Games Reaches 20K Axie Infinity P2E Scholarship Milestone

The popular gaming guild YGG has reached a milestone in the field of new scientists for the Axie Infinity platform and several other play-to-earn games.

Yield Guild Games reported 20,700 unique Axie Infinity scientists in February, up 8,500% from the same month last year when there were just 241. The milestone marks a “new record in the play-to-earning space,” YGG said in an announcement shared with Coin-Crypto.

The play-to-earn grants allow new players to borrow a team of Axie NFTs from the Guild. Their in-game earnings are then split between the player, the community manager, and the YGG DAO.

YGG reported that scientists cultivated more than 26.4 million SLP, the original token for Axie Infinity, in February. This figure represents a 57% increase over January’s agricultural figures.

It added that more than 18.4 million SLP (worth approximately $360,000 at the end of February), or 70% of the total, was received by scientists, 20% went to the scholarship manager and 10% to the guild.

Despite the decline in SLP (Smooth Love Potion) prices, there is continued demand for exchanges at YGG. SLP is currently trading at about $0.018, more than 95% lower than its all-time high of $0.40 in July 2021 according to CoinGekko

YGG is a decentralized community of gamers who play to earn based in Southeast Asia and Latin America. It operates in several games that invest in revenue-generating in-game nonfungible tokens (NFTs) that are lent to the players. It secured a $4 million funding round to invest in NFTs by June 2021.

Related: Which Earning Games Are Better Than Axie Infinity?

In addition to Axie grants, YGG has launched similar incentives for the football-themed cyberpunk play-to-earn game CyBall. The 1,000 exchanges were quickly snapped up and the program is now full, but YGG said more will be offered through the Discord channel soon.

In February, Coin-Crypto reported that the YGG had launched a new gaming-focused proof-of-stake blockchain called Oasys.

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