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NFT DAO Yield Guild Games Completes US $1.3 Million Financing

Amy Liu

Summary: Yield Guild Games (YGG), the decentralized autonomous organization (DAO) with a penchant for NFTs, has raised $1.3 million from Delphi Digital, Scalar Capital, BlockTower Capital, gumi Cryptos Capital, Ascensive Assets and Youbi Capital. YGG will use the funds to improve its protocol for distributed investing in the burgeoning NFT scene. As a DAO, YGG pools ...

Yield Guild Games (YGG), the decentralized autonomous organization (DAO) with a penchant for NFTs, has raised $1.3 million from Delphi Digital, Scalar Capital, BlockTower Capital, gumi Cryptos Capital, Ascensive Assets and Youbi Capital.

YGG will use the funds to improve its protocol for distributed investing in the burgeoning NFT scene. As a DAO, YGG pools investor assets for the purpose of betting and then profiting on NFTs, sharing the proceeds with backers. Its focus is on NFTs that intersect with the gaming space.

By Amy Liu

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Link: NFT DAO Yield Guild Games Completes US $1.3 Million Financing   [Copy]
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