PANews reported on August 4th that Yield Guild Games (YGG), the world's largest decentralized gaming guild network, announced the establishment of a new Onchain Guild and allocated 50 million YGG tokens (worth approximately $7.5 million) to the ecosystem fund to explore revenue generation strategies.
YGG's Onchain Guild adopts a decentralized structure, exclusively using guild assets for dedicated transactions, and does not accept third-party capital or provide investment services. The ecosystem fund is jointly led by YGG's Enterprise Development Manager Serge-Raymond Nzabandora and Head of Enterprise Development Andy Chou, both of whom have extensive experience in technology investment and capital markets.
