Yield Guild Video games (YGG) will launch 14.08 million YGG tokens into the market at the moment, March 27, in below six hours. This represents 3.28% of the whole provide and is value about $3.02 million, primarily based on the present worth of $0.2141 per token, assuming it holds regular.
After this unlock, 23.29% of the whole YGG provide—round 232.92 million tokens— might be circulating, stays locked, and unlocked tokens make up 76.71% of the circulating provide, value about $767.08 million. The occasion is about to happen at 2:00 PM UTC at the moment.
YGG holds the title of the primary and largest Web3 gaming guild, designed to attach gamers with communities, introduce them to video games, and assist them thrive within the web3 world. It features as a community of gaming guilds, providing gamers methods to earn rewards and set up their on-chain presence by way of applications like Superquests and the Guild Development Program.
Initially launched within the Philippines, Yield Guild Video games (YGG) has expanded right into a worldwide operation, partnering with greater than 80 blockchain video games and infrastructure initiatives to help the rising web3 gaming ecosystem.
At the moment, the YGG token boasts a market capitalization of $93.51 million, with a 24-hour buying and selling quantity of $15.17 million. Within the final day, its worth has elevated barely by 0.56%. That mentioned, important token unlocks just like the one taking place now usually result in promoting strain.
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