Yield Guild Games Partners with Blockchain Education Guild, BlockchainSpace
Yield Guild Games is furthering its goal of expanding the play-to-earn ecosystem by teaming up with BlockchainSpace (BSPC), an education hub that empowers play-to-earn communities and gives guilds access to capital and financial tools, while also running its own guilds, to offer economic opportunities in the play-to-earn genre of games.
YGG has purchased $GUILD tokens worth US $100,000 from BlockchainSpace.
$GUILD is BlockchainSpace’s soon-to-be-released platform token that will be used for community governance. Implemented as a utility token for inter-guild transactions and esports league tournaments, $GUILD will also play the role of a DAO token for participating in the DAO and be used for inter guild investments.
According to Sarutobi Sasuke, Head of Partnerships at YGG, “We are eagerly looking forward to collaborating with BlockchainSpace as their data infrastructure and financial instruments will help managers and scholars alike with efficient payment solutions.”
“We also hope that with BlockchainSpace, we can continue to educate guild members and the play-to-earn community at large about concepts in decentralized finance and traditional finance to help further our vision for YGG,” he added.
“BlockchainSpace is honored to work with YGG to provide more transparency, better guild management and better benchmarking data for the industry at large. Using this data, BlockchainSpace is able to extend financial services to the entire guild value chain, for guild owners and players alike,” said Peter Ing, founder of BSPC.
BSPC acts as a learning center for guild members, where they run academies for play-to-earn games like Axie Infinity Academy and The Sandbox Academy which currently have 500 players and 100 creators respectively. By utilizing CRM (customer relationship management), BSPC allows guild managers to monitor each player within the guild, measure the performance of game accounts, and track overall guild insights. Additionally, players use BSPC to keep track of performance to benchmark against other in-guild players, and players across all guilds.
BSPC has also launched its Discord Bot which is being used by over 2,000 guilds and 545,000 players. The bot can automatically perform several useful tasks like monitoring Axie Infinity players, their daily and weekly SLP earnings and helps guild operators effectively manage their Axie players.
BSPC is also set to launch a Dashboard V1 in November of this year.With a built-in guild dashboard, BlockchainSpace will assist users with accounting, automating cashouts, and getting an overall evaluation of a particular guild, alongside key metrics and performance tracking for each guild member.
Besides gaining key insights about a particular guild’s operations, BlockchainSpace also offers a variety of ways to accrue value from the guild by implementing credit loan commissions, player management fees, inter-guild transactions, cashout commissions, token-granted permission to SaaS features, esports, and tournament fees.
In the future, BSPC will be introducing a full-suite guild owner dashboard that will eventually serve as the CRM, financial, and data analytics backbone of any large guild.
BSPC also has plans for a Dashboard V2, LSL expansion, and Guild Data Tool V1, as well as automated cashouts, this will be followed by updated versions of its tools, as well as a new version of its Discord Bot, which is set for early next year.