An Overview of Crypto Gaming Guilds: Play 2 Earn’s Future

<p>Crypto gaming is a hot topic right now, particularly in a world where blockchain technology is transforming numerous industries. We've seen some fantastic crypto projects and some that have flopped spectacularly. As a result, while some users have benefited from blockchain technology, others have fallen victim to scammers.</p> <p>'A gaming guild is a group or collection of gamers who come together to play video games and share data.' While the term 'guild' is the most frequently used in the gaming world, such groups may also be referred to as factions, clans, or communities.</p> <p>For decades, gaming guilds have existed. However, esports (competitive gaming) is the reason gaming guilds have recently grown in popularity. Competitive gaming guilds like FaZe Clan, Cloud9, and Team Liquid exemplify traditional gaming.</p> <p>Crypto gaming guilds all have their own distinct visions. While some are interested in amassing millions of dollars through P2E gaming, others are interested in developing strong communities that produce the best alpha and ultimately the best projects.</p> <p>How It Began</p> <p>The Philippines has been dubbed the originator of today's play-to-earn concept. While Covid-19 was wreaking havoc on the world, gamers in this country were earning money from the Axie Infinity game. #ThankYouAxie was a popular hashtag during this time period, as people cashed in their winnings, photographed their shopping, and captioned their photos with this hashtag.</p> <p>As interest in this game grew, so did its demand. As a result, demand for Axies, the game's in-game tokens, increased. Dizon, the founder of Yield Guild Games (YGG), recognised an opportunity and began leasing his Axies through what are referred to as 'scholarships.' Scholars would receive 70% of the proceeds, the guild would receive 10%, and community managers would receive 20%. Others quickly adopted the model, resulting in the formation of new guilds.</p> <p>The Best Cryptocurrency Gaming Guilds</p> <p>Yield Guild Games</p> <p>Yield Gu