Members of the Merit Circle DAO have put forward a proposal to refund an investment by Yield Guild Games (YGG) and cancel an agreement between the two, claiming that YGG has not added enough value. “The Hash” team discusses the latest story illuminating the power of DAOs.
Yield Guild Games (YGG), a key investor in the “play-to-earn” arena, has teamed up with the stablecoin-focused decentralized finance (DeFi) project HaloDAO to allow its gamers to cash out using its stablecoin and gain yield.
Sam Bankman-Fried’s cryptocurrency exchange FTX has struck yet another sponsorship deal. This time, with decentralized gaming startup Yield Guild Games (YGG) to sponsor Axie Infinity players from developing countries.